Oil prices have fallen below $100 a barrel as Saudi Arabia resumes crude supply operations. Traders are optimistic about US-Iran diplomatic talks easing market pressures. Additionally, US crude inventories rose by 1.8 million barrels, defying analyst predictions, while Iraq boosts oil exports, reshaping regional supply dynamics.
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"Oil prices are on a rollercoaster, but at least we’re not hitting $100 again—yet!"
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Bengaluru ITAT ruling allows taxpayers to claim foreign tax credits even if Form 67 is missing. A taxpayer who paid ₹4.53 lakh in Belgium can still pursue a ₹3 lakh FTC claim despite a lengthy appeal delay of 1,687 days. This decision highlights the importance of taxpayer rights in claiming credits for foreign taxes paid.
Discover the latest updates on the 8th Pay Commission, focusing on salary, pension, and allowances for central government employees. This article answers key FAQs about the fitment factor, minimum basic pay, pension revision, and the DA merger, along with important implementation dates and consultation meetings. Stay informed about your financial future with these crucial insights.
Mumbai ITAT dismissed a ₹1.93 crore tax addition on Toyam Industries, citing lack of evidence for price manipulation. The taxpayer provided a clear transaction trail, leading to the ruling. This case highlights the importance of evidence in tax disputes and the scrutiny faced by penny-stock gains.
Learn how to help your family locate your investments after your death. Create a consolidated asset inventory, keep nominations updated, and draft a will to ensure a smooth transition for your heirs. These steps can significantly ease the burden on your loved ones during a difficult time.