US Edition
News from moneylife.in
Top moneylife.in News
Taxes · IndiaThe Income Tax Appellate Tribunal (ITAT), Mumbai, has ruled that journalist Rana Ayyub’s COVID-19 donation campaigns raised over ₹2.7 crore in taxable income, rejecting her claim that the funds were used entirely for charitable purposes. The Tribunal upheld the tax department’s invocation of Section 56(2)(x) of the Income Tax Act, 1961, and supported the swift action taken under Section 175 to prevent asset disposal. The amount in question, ₹2.6…See the Story
Rana Ayyub Exposed: ₹2.7 Crore COVID Fund Used For FDs And Personal Expenses, Not Relief – IT Tribunal Slams Misuse - The Commune
India · IndiaAggregate net losses and average losses per trader rose through the first three quarters, but both metrics improved slightly in Q4, even as the percentage of loss-making traders remained above 86%.See the Story
Retail Derivatives Traders Continue to Bleed, Finds Sebi
75% Right coverage: 4 sources
Business · IndiaBengaluru will face disruptions on July 9 due to a nationwide strike involving over 25 crore workers protesting against government policies perceived as anti-worker.See the Story
Bharat Bandh on July 9: Will Bengaluru Schools, Banks and Other Services Be Affected?
43% Right coverage: 7 sources
