Bengaluru ITAT Quashes Section 148 Reassessment Over Notice Service Dispute

The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a reassessment for Assessment Year 2015-16 after the tax department could not establish that a Section 148 notice…

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Export Payment Rules From October 2026: 9-Month Realisation Deadline Continues

Indian exporters will continue to operate under a nine-month deadline for receiving and repatriating export proceeds from October 1, 2026. A recent amendment by the Reserve Bank of India (RBI)…

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Special FD vs Regular FD: Is the Extra Interest Worth Locking Your Money?

Special-tenure fixed deposits offering slightly higher interest rates than regular bank FDs can appear attractive to conservative investors. However, the additional earnings may be relatively small, and the benefit can…

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Maharashtra Weather Update: Rainfall Intensity Likely to Ease Across State

New Delhi: Rainfall activity across Maharashtra is expected to weaken as the impact of the low-pressure area decreases. Several parts of the state have received heavy rain over the past…

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Char Dham Yatra Suspended for Two Days Amid Heavy Rain Alerts in Uttarakhand

The Char Dham Yatra in Uttarakhand has been temporarily suspended for two days due to red and orange rain alerts issued for several districts by the meteorological department. The pilgrimage…

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Weather Forecast: Heavy Rain, Thunderstorms and Lightning Alert Across Several States

The Southwest Monsoon has strengthened once again across several parts of India, bringing the possibility of heavy to very heavy rainfall, thunderstorms and lightning in multiple states. The India Meteorological…

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Diwali Special Trains 2026: Indian Railways to Operate 102 Trips, Booking Starts September 27

Indian Railways is preparing additional train services for passengers travelling during the Dussehra and Diwali festive season. A series of special trains will operate on key routes, offering additional options…

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IRDAI Commission Rules: Will Lower Insurance Payouts Make Policies Cheaper?

The Insurance Regulatory and Development Authority of India (IRDAI) has proposed tighter limits on commissions paid to insurance agents, brokers, banks and other distribution partners. The move could reduce insurers'…

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EPF Contribution From October 2026: How the New ₹25,000 Wage Ceiling Changes PF Deductions

Employees with monthly PF wages between ₹15,000 and ₹25,000 may see a higher employee provident fund deduction from October 2026 after the statutory PF wage ceiling was increased. The ceiling…

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IRDAI Commission Rules: Insurance Distribution Payouts Face Tighter Controls

Insurance distribution expenses have increased significantly faster than the premiums generated through some sales channels, prompting the Insurance Regulatory and Development Authority of India (IRDAI) to propose stricter controls on…

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