FTC allows individual taxpayers to claim a credit in India for taxes paid in a foreign jurisdiction on the same income. (AI image) With the rise in global workforce mobility, an increasing number of Indian professionals are earning income across multiple jurisdictions. Employees of multinational companies undertaking overseas assignments, or cross-border roles receive regular salaries…
In a first since fuel price deregulation, state-run oil marketing companies (OMCs) have moved to pay discounted rates to refineries for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses arising from a self-imposed freeze on retail fuel prices, sources told PTI.OMCs on March 26 fixed rates for petroleum products at discounts…
Royal Challengers Bengaluru (PTI Photo/Shailendra Bhojak) Ravichandran Ashwin has given a strong early endorsement of Royal Challengers Bengaluru’s title defence, insisting the franchise has assembled a squad capable of adding another IPL crown in the next couple of seasons. After ending a 17-year title drought in 2025, RCB enter IPL 2026 carrying the weight of…
The Government of Delhi has invited applications for scholarship schemes for students belonging to Scheduled Caste (SC), Scheduled Tribe (ST), and Other Backward Classes (OBC) categories for the academic year 2025-26.According to the official notice, five state-funded schemes and several centrally sponsored schemes are available for eligible students studying in schools, colleges, and universities in…
Jofra Archer struck with the first ball of the second innings to equal a record held by Mohammed Shami during Rajasthan Royals’ IPL 2026 match against Kolkata Knight Riders (KKR) at Eden Gardens on Sunday.Opening the bowling for Rajasthan Royals, Archer bowled KKR opener Tim Seifert for a golden duck with the first delivery of…
Did Banks Start Leaving Dubai? Standard Chartered Issues Urgent Statement Amid Iran vs US-Israel War The intensifying geopolitical conflict between Iran, the United States and Israel is beginning to ripple through global financial markets, prompting international banks to reassess operations in the Gulf. At the center of the latest developments is Standard Chartered, which has…
MUMBAI: Net selling by foreign funds in the stock market is on track to break the all-time monthly record as rupee this month has been weakening to record lows at regular intervals and rising crude oil prices are threatening India’s macro fundamentals as the war in West Asia is continuing without any sign of de-escalation.So…
Bangladesh vs Pakistan (AP Photo/Mahmud Hossain Opu) The Pakistan national cricket team have reportedly filed a complaint with match referee Neeyamur Rashid following a controversial Decision Review System (DRS) incident during the final over of the third ODI against the Bangladesh national cricket team. The dramatic moment occurred during the closing stages of the match,…
Dalal Street ended last week in red with eight of India’s ten most valuable companies together losing Rs 2,81,581.53 crore in market value. State Bank of India emerged as the biggest laggard during the period. The broader market also saw heavy selling pressure. The BSE benchmark index dropped 2,368.29 points, or 2.91%, over the week….
