Retired PSU bank employee claimed Rs 9.29 lakh leave encashment as tax-free, but taxman restricted exemption to Rs 3 lakh; ITAT applies Rs 25 lakh limit retrospectively, cancels Rs 6.29 lakh addition

Retired PSU bank employee claimed Rs 9.29 lakh leave encashment as tax-free, but taxman restricted exemption to Rs 3 lakh; ITAT applies Rs 25 lakh limit retrospectively, cancels Rs 6.29 lakh addition

On September 22, 2026, the ITAT Jaipur ruled in the retired bank employee’s favour. (Image for representative purpose only) Leave encashment is tax-free up to a limit for non-government employees. While the limit was earlier Rs 3 lakh, it was revised to Rs 25 lakh in 2023. There is no such upper limit for government … Read more

Stock Market Today Live Updates: BSE Sensex trades 400 points higher, NSE Nifty50 inches beyond 23,100 mark

Stock Market Today Live Updates: BSE Sensex trades 400 points higher, NSE Nifty50 inches beyond 23,100 mark

Stock market began the session in green, with GIFT Nifty signalling a positive opening after BSE Sensex and Nifty fell more than 1% in the last trading session. Global cues offer some support, as Asian shares rise following gains on Wall Street and strong early corporate earnings. However, elevated crude oil prices, Middle East supply … Read more

Top stocks to buy or sell today: Stock market recommendations for October 21, 2026 – check list

Top stocks to buy or sell today: Stock market recommendations for October 21, 2026 – check list

Top stocks to buy or sell today Stock market recommendations: Premier Energies, Jio Financial Services, and ICICI Life Insurance have been identified as top stocks to sell today by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for October 21, 2026. He sees ABB as a buy call. Let’s take a look:Premier Energies: Sell … Read more

Oil Prices: Oil prices today: Brent crude tops $110 as Middle East tensions threaten shipments

Oil Prices: Oil prices today: Brent crude tops 0 as Middle East tensions threaten shipments

Oil prices climb over 1% (representative image) Oil prices rose on Wednesday as traders weighed concerns over Middle East supplies amid growing risks to shipping in the Red Sea and threats to oil infrastructure in Saudi Arabia.Brent crude futures climbed $1.34, or 1.23 per cent, to $110.10 per barrel, while US West Texas Intermediate (WTI) … Read more

Classrooms to customers: What student founders need

Classrooms to customers: What student founders need

A postgraduate timetable runs from noon to 8 pm, fitting study blocks around time for building businesses (Generative image) BENGALURU: Classrooms have been carved out of office space inside a WeWork building on Bannerghatta Road in Bengaluru. A postgraduate timetable runs from noon to 8 pm, fitting study blocks around time for building businesses. Shrey … Read more

Elon Musk says SpaceX-Tesla merger is a ‘good idea’, special committees formed for talks

Elon Musk says SpaceX-Tesla merger is a ‘good idea’, special committees formed for talks

“We are in an inflection moment for SpaceX across launch, connectivity and superintelligence,” Musk said. Elon Musk’s business empire could be heading towards a major consolidation, with SpaceX and Tesla setting up special committees to discuss a possible merger. Musk confirmed the talks on Tuesday, saying he viewed combining the two companies favourably, although any … Read more

GCCs emerging top career choice for tech talent: Survey

GCCs emerging top career choice for tech talent: Survey

The gap is also visible in employees’ current workplaces. (Generative image) BENGALURU: Indian technology professionals are increasingly looking for employers that offer hands-on artificial intelligence (AI) experience and clearly defined career paths, while multinational global capability centres (GCCs) are emerging as the preferred next career move for many, according to a Talent500 survey. Talent500 is … Read more

Indian Railways cracks down on food quality issues after passenger complaints; IRCTC partners with QCI for surprise audits on trains and stations with digital evidence to speed up action

Indian Railways cracks down on food quality issues after passenger complaints; IRCTC partners with QCI for surprise audits on trains and stations with digital evidence to speed up action

Officials said the decision to introduce independent inspections followed repeated passenger complaints. (Image for representative purpose only) The food quality on trains may see an improvement with the Quality Council of India (QCI) looking to appoint certified professionals to carry out independent, technology-enabled checks of food safety and hygiene at railway stations and aboard trains … Read more