US Senator Criticizes H-1B Visa Rules and Chilkur Balaji Temple, Igniting Outrage
Senator Eric Schmitt attacks the H-1B visa program and Hyderabad's 'Visa Temple,' alleging a 'Visa Cartel' displaces American…
More Than 500 Flights Delay as Delhi Faces Hailstorm and Strong Winds
A severe storm with 98 km/h winds delayed over 500 flights at Delhi Airport, causing diversions and significant…
India Hikes Customs Duty on Gold and Silver to 15%, Cites West Asia Crisis
India hikes gold and silver import duties to 15% as of May 13, 2026, to curb the trade…
PM Modi Urges Indians to Halt Gold Buying for a Year to Protect Foreign Exchange
NRIs and Indian families are reassessing gold, bonds, and stocks in 2026 to prioritize liquidity and tax compliance…
Income-Tax Act Uses Deeming Fiction to Tax Loans as Deemed Dividends Under Section 2(22)(e)
Explore how Indian Income-tax law uses deeming fiction to reclassify loans, gains, and assets into taxable income, overriding…
Tax-Free Bonds Offer Exempt Interest, But Zero-Coupon Bonds Face Tax on Discount
A guide to Indian bond taxation in 2026, covering slab rates, tax-free exemptions, zero-coupon structures, and specific considerations…
India Taxes Gains on Unlisted Bonds as Short-Term Under Section 50AA from July 23
New India tax rules treat unlisted bond gains as short-term capital gains from 2024, favoring listed debt for…
US Imposes Visa Bans on 13 Linked to India’s KS International Traders Over Fentanyl Trafficking
The US State Department imposed visa restrictions on 13 individuals linked to India's KS International Traders for trafficking…
Salaried Taxpayers Face July 31 ITR Deadline for AY 2026–27 Under Income-Tax Act, 1961
India sets 31 July 2026 for salaried tax filing and 31 August for non-audit business taxpayers. Proper form…
VFS Global Runs 12 Premium Centres for UK Visa Applicants Under UK Visas and Immigration
VFS Global opens 12 Premium UK Visa Centres in India, offering optional comfort upgrades while UKVI maintains final…
₹12 Lakh Section 87A Rebate Doesn’t Shield Jewellery Long-Term Capital Gains
Clarifying India's 2026 tax rules: Jewellery LTCG follows the ₹4 lakh exemption limit, not the ₹12 lakh rebate…
Form 121 Replaces Forms 15G and 15H for TDS Declarations at Post Offices
India replaces Forms 15G/15H with Form 121 starting April 2026 to prevent TDS on interest income for residents…
USCIS and Labor Department Data Mislead as H-1B Visa Numbers Mix New and Existing Workers
Confusion over H-1B data persists as public reports often conflate new worker entries with simple status extensions and…
Companies and Co-Ops Keep Normal Depreciation Under Concessional Tax Regimes. But Lose Additional
Indian companies must choose between lower tax rates and additional depreciation incentives under sections 115BAA, 115BAB, and 115BAD…