In a significant legal blow to actor Vijay, the Madras High Court has upheld a Rs 1.5 crore tax penalty imposed by the Income Tax Department and dismissed his appeal challenging the levy. The penalty is linked to the alleged non-disclosure of additional income derived from the 2015 film Puli. According to the Income Tax Department, during tax searches conducted in 2015, it was revealed that of Vijay’s total remuneration of around Rs 15 crore, nearly Rs 5 crore was paid in cash and

With just days left before the December 31, 2025 deadline, taxpayers across India are being urged to check whether their PAN is linked with Aadhaar. The warning comes from the Income Tax Department, which has made it clear that failure to complete the linking process on time could lead to serious financial and tax-related disruptions. PAN Aadhaar linking is the process of connecting an ind

Tax filing in 2025 was far more complicated for Indians than previous years, largely because personal income streams are no longer limited to salary alone. A growing number of taxpayers now earn through freelancing, digital content creation, SIP withdrawals, RSU vesting, intraday trades and influencer payouts. This shift has made filing returns prone to errors, especially for individuals who fail to reconcile their reported income with official tax statements. Financial experts say that AIS a

If you’ve filed your income tax return and are still waiting for your refund, you’re not alone. Many taxpayers in India experience refund delays even months after filing. The good news is that under Section 244A of the Income Tax Act, 1961, the government must pay interest on delayed refunds provided the delay isn’t caused by the taxpayer. The interest rate is fixed at 0.5% per month or 6% per annum, calculated as simple interest on the refundable amount. Interest begins from

The excitement of America’s favorite game show is rolling into Livermore this November. “Wheel of Fortune LIVE!” is set to bring its interactive stage experience to the Bankhead Theater on Monday, November 10, giving fans a rare chance to step into the spotlight and spin the iconic wheel themselves. Hosted by TV personality Mark Walberg, known for his roles on “Antiques Roadshow” and “Temptation Island,” the live event will feature randomly selected audience members co

An Australian traveller’s heartfelt praise for India’s hospitality has touched hearts across social media. Solo adventurer Duncan McNaught shared an emotional video recounting the extraordinary kindness he experienced during his trip, describing Indian hospitality as “unmatched like any other in the world.” His Instagram post quickly went viral, resonating with audiences who celebrated his genuine appreciation for the country’s warmth and generosity. In hi

The streets of Asbury Park are once again set to be overrun by the undead, as the 17th annual Asbury Park Zombie Walk takes place this Saturday. What started as a quirky idea has now grown into one of the city’s most anticipated community events, drawing participants and spectators from across New Jersey and beyond. Each year, thousands of people gather to transform themselves into zombies, complete with costumes, makeup, and theatrical performances, all while moving together in an orde

The clock is ticking for taxpayers who are required to file their income tax audit reports for the financial year 2024–25. The deadline has been set for September 30, 2025, and unlike in some past years, the Income Tax Department has not announced any extension. For companies, proprietorships, and firms whose accounts must be audited, filing the audit report on time is not just a compliance requirement—it is essential to avoid hefty penalties unde

The government extended the Income Tax Return (ITR) filing deadline for Assessment Year 2025–26 by one day, from September 15 to September 16, 2025. However, many taxpayers still missed this revised cut-off. If you are among them, there is no need to panic, as the Income Tax Department allows belated returns to be filed until December 31, 2025. A belated return refers to an ITR filed after the due date. Accord

The Income Tax Department extended the ITR filing deadline for Assessment Year 2025–26 by one day, moving it from September 15 to September 16, 2025. The announcement came after the e-filing portal suffered major technical glitches, including login failures and frozen screens, leaving lakhs of taxpayers stranded. By the original deadline, 7.3 crore returns were filed, crossing last year’s record, but at least 1.5–2 crore taxpayers were still

Fall in Pleasanton is the perfect time to enjoy apple orchards, pumpkin patches, and corn mazes across the Bay Area. From Livermore to Sebastopol, families can find fresh apples, fun activities, and seasonal treats. Here’s a detailed 2025 guide.   Apple Orchards And Fall Farms Around Pleasanton

In response to rising trade tensions, the Prime Minister’s Office (PMO) will convene a high-level meeting on August 26, 2025, to discuss measures for Indian exporters facing the upcoming 50% tariff on goods entering the United States. This tariff increase, which comes into effect starting Wednesday, marks a significant escalation, with the US government doubling existing duties on Indian imports. Sources famil

The Income Tax (No 2) Bill, aimed at replacing the six-decade-old Income Tax Act of 1961, has been passed in the Lok Sabha, introducing a ‘S.I.M.P.L.E’ framework Streamlined structure and language, Integrated and concise, Minimised litigation, Practical and transparent, Learn and adapt, and Efficient tax reforms. Presented by Finance Minister Nirmala Sitharaman, the bill has been reworked based on 285 recommendations from a select committee led by

For the entire month of August, Tri-Valley residents have a golden opportunity to enjoy some of the region’s best concerts, theater performances, and movie nights all for free through TV30’s “Lucky Fan” contest. The community television station is rewarding its loyal audience with a series of giveaways designed to bring people together and promote local entertainment venues. Participation is simp

Palmetto Superfoods, the popular Bay Area chain known for its delicious Brazilian-inspired açai bowls and smoothies, has expanded to Livermore. This marks another milestone for the company, which first opened in San Francisco's Inner Richmond neighborhood in 2019. The Livermore location, located at 3052 West Jack London Boulevard, opened its doors with a soft opening this week, bringing its refreshing, nutrient-packed bowls and smoothies to the Tri-

For Non-Resident Indians (NRIs) juggling financial commitments in both India and the United States, tax filing often becomes a yearly stress point. Each country has distinct regulations, reporting formats, and deadlines. The slightest oversight can lead to penalties or double taxation. That’s where Artificial Intelligence (AI) is proving to be a game-changer. Today, AI-powered tax tools are helping NRIs simplify,

In a significant legal ruling, the Income Tax Appellate Tribunal (ITAT) has dismissed the Congress party's appeal against an income tax demand of Rs 199 crore for the financial year 2018-19. The tax demand relates to party funds and stems from allegations of late filing of income tax returns and violations of cash donation limits. The ITAT ruled that the Congress party's return filed on February 2, 2019, was

Many errors occur when taxpayers fail to complete all parts of the Excel utility properly. According to Mihir Tanna, Associate Director at S.K Patodia LLP, a common mistake is forgetting to fill in the last row of the Capital Gains schedule row F. It’s essential to enter the quarter-wise details and click the ‘Validate’ button at the top of the sheet. Without this step, your tax details, including capital gains and taxes, may not show up cor

A recent rath yatra procession held in Toronto has sparked diplomatic concern after a video surfaced online allegedly showing eggs thrown at the religious gathering. The incident, which occurred during the annual chariot procession dedicated to Lord Jagannath, has prompted India’s Ministry of External Affairs (MEA) to issue a formal response, describing the act as “regrettable” and urging Canadian authorities to take appropriate action against those involved.

Paying income tax every year can be burdensome for many, but did you know that, under the new tax rules, you may qualify to pay zero tax? The latest updates in India’s tax policies provide an opportunity for taxpayers to reduce their tax liabilities, potentially to zero, with proper planning. Finance Minister Nirmala Sitharaman’s 2025 Budget announcement revealed a significant change in the tax system that could benefit many taxpayers. Here’s