Retired bank employee got Rs 12.27 lakh leave encashment and claimed Rs 3 lakh exemption in 2020, but government later hiked limit to Rs 25 lakh in 2023; ITAT Chennai allows full tax exemption

A CBDT Notification No. 31/2023 dated 24 May 2023 increased the exemption limit for non-government employees from Rs 3 lakh to Rs 25 lakh.  (Image for representative purpose only) You retire and get leave encashment, a part of which is exempt from tax. You file your income tax return claiming the exemption, but later the…

Read Full News

Rahul Gandhi ate it during a recent political protest: The story of the Kathi Roll and how Kolkata turned a kebab into India’s most portable meal

Rahul Gandhi was spotted having kathi roll as lunch in recent protests. Rahul Gandhi’s recent protest lunch was a Kathi Roll, but the roll in his hand carried a story that goes back nearly a century. On October 7, Rahul Gandhi and other Opposition leaders were protesting against Chief Election Commissioner Gyanesh Kumar in Delhi…

Read Full News

Hayden Panettiere’s ex Wladimir Klitschko granted temporary guardianship to protect their daughter’s inheritance |

FILE – Wladimir Klitschko, former boxer and brother of Kyiv’s mayor Vitali Klitschko, attends an event in Davos, Switzerland, Jan. 22, 2026. (AP Photo/Markus Schreiber, File) Actor Hayden Panettiere’s ex-fiancee, former boxer Wladimir Klitschko, was granted legal authority by a California court Thursday to protect Panettiere’s property for their 11-year-old daughter after the television star’s…

Read Full News

‘Operation Economic Outcast’: US sanctions two Mumbai firms, five Indians over alleged Iran oil trade

US targets 2 Mumbai companies, 5 Indians in Iran petroleum sanctions (representative image) The United States on Thursday imposed sanctions on two Mumbai-based companies and five Indian nationals over their alleged involvement in the trade of petroleum products from Iran, as Washington stepped up its economic pressure on Tehran.The US department of state targeted SSPL…

Read Full News