28 Oct 2026
Bullish Treasury Bets Face Reversal Risk From Hawkish Fed
Bullish bets in US Treasuries are vulnerable to a sharp reversal if the Federal Reserve takes a more aggressive stance at its upcoming monetary policy mee…
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Tax and finance guides for India
Practical articles on income tax, salary, HRA, GST, and everyday money decisions. Latest posts appear first.
28 Oct 2026
Amendments to Section 147 Empower Assessing Officer to Assess Subsequently Discovered Escaped Income Without Mandated Procedure: ITAT Allows Revenue’s Appeal
Unamended section which contained the conjunctive words "and also" was widened and susituted by the amended Section 147.
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28 Oct 2026
Why does CSR money go to richer states?
In today’s Finshots, we look at how Indian companies spend their CSR (Corporate Social Responsibility) money, why some aspects of this spending seem bro…
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28 Oct 2026
Income levy | Two Income-levy Acts in One Year: What Practitioners Need to Keep Straight
Practical guide to the Income-tax Act, 2025 transition, covering Section 536, TDS, new forms, tax audits, challans and pending proceedings.The post Two In…
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28 Oct 2026
Central bank Governor Sanjay Malhotra flags need for 'prudent borrowing' as states face fiscal management challenges
RBI Governor Sanjay Malhotra urged states to improve spending quality, adopt prudent borrowing and strengthen cash management to ensure fiscal sustainabil…
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28 Oct 2026
Mother sells gold jewellery, gifts ₹16 L to son, Income levy Department questions deposits but ITAT grants relief
A man received ₹16 lakh from his mother after she sold gold jewellery, but the Income Tax Department questioned the cash deposits.
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