She declared Rs 43,796 income but omitted Rs 14.02 lakh interest from her ITR; tax officer imposed a 200% penalty of Rs 4.85 lakh, but ITAT cut it to Rs 1.21 lakh

The NRI woman declared an income of Rs 43,796 for the assessment year 2020-21. (Image for representative purpose only) You file your income tax return but end up under-reporting your income. But, the Income Tax Department treats it as mis-reporting of income and imposes a heavy penalty on you. What happens then?This is the case…

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Zimbabwe’s Tavengwa Mukuhlani succeeds Singapore’s Khwaja as new ICC deputy chairperson | Cricket News

Zimbabwe’s Tavengwa Mukuhlani was appointed as the new deputy chairperson of ICC on Thursday until November 2027 after the Board of Directors gave green-light to his appointment, replacing Singapore’s Imran Khwaja.Mukuhlani currently serves on the ICC Finance and Commercial Affairs Committee (F&CA) and the Nominations Committee, and chairs the HR and Remuneration Committee, an ICC…

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NSE IPO subscription status: National Stock Exchange’s offer gets subscribed 42% on its first day

The $2.3 billion offering is among the largest IPOs in India. NSE IPO subscription status today: The National Stock Exchange of India’s Rs 225.69 billion ($2.3 billion) IPO received subscription of 42% on Thursday, the first day of bidding, indicating a somewhat muted opening for one of the country’s most closely watched offerings.Investors bid for…

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Us Sanctions Bill: ‘Implications for ties, unauthorised, unfriendly’: How India, Russia and China reacted to US sanctions Bill

This is an AI-generated image, used for representational purposes only India, Russia and China on Thursday reacted to a sweeping US sanctions bill that gives President Donald Trump the authority to impose tariffs of up to 100 per cent on countries including India and China over purchases of Russian oil and gas.The US House of…

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Tata Trusts: Big battle breaks out: Tata Trusts call reappointment of Chandrasekaran as chairman ‘illegal’

File photo: N Chandrasekaran A major battle has broken out at Tata Sons after Tata Trusts on Thursday called the board’s decision to reappoint N Chandrasekaran as chairman for another five-year term “illegal”, setting up a potential legal and governance dispute at the top of the Tata Group.The Trusts said the resolution approving Chandrasekaran’s reappointment…

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From cricket, hockey to badminton and athletics: India’s schedule at Asian Games 2026; check full list of events and dates | Asian Games 2026 News

India head into the 20th Asian Games determined to breach the 100-medal mark again in Aichi-Nagoya and cement their place behind the continent’s “big three” sporting superpowers.The 107 medals India won in Hangzhou three years ago were a big jump from 70 in Jakarta-Palembang in 2018 and the first three-figure haul at an Asiad by…

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Harmanpreet Kaur: Harmanpreet Kaur will rediscover batting form at Asian Games: Anjum Chopra | Cricket News

Harmanpreet Kaur (ANI Photo) MUMBAI: Amid growing calls for a leadership change in Indian women’s cricket, former India captain Anjum Chopra has backed Harmanpreet Kaur to continue leading the side, insisting she remains the best person for the job despite recent scrutiny over her form.Harmanpreet scored 71 runs in five matches at the Women’s T20…

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China Women’S Cricket Team: How China’s Asian Games cricket campaign ended without a ball being bowled as Bangladesh advanced to the semis | Cricket News

File Pic: Chinese women’s cricket team (Getty Images) China’s women’s cricket campaign at the Asian Games ended in agonising fashion on Thursday, without the team even taking the field, as their quarter-final against Bangladesh was abandoned without a ball being bowled because of a wet outfield in Nisshin, Aichi prefecture.The T20 match at Korogi Sports…

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