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Thursday, January 15, 2026
TopicIncome Tax Department

Topic: Income Tax Department

Owaisi just challenged Modi to scrap Hindu Undivided Family. What it is & how it helps save on taxes

Responding to PM Modi’s comments on Uniform Civil Code, Owaisi said HUFs provide tax relief to Hindus. But it has significant downsides, such as being prone to family squabbles.

Faceless I-T assessment ‘not vested right’ — HC rejects Gandhis’, AAP’s pleas against transfer

Delhi HC upholds income tax dept's decision to transfer tax assessments of Gandhis & AAP to central circle, says 'order invariably made on grounds of administrative convenience'.

IT department looking to tax Netflix’s India operations, reports ET

The move is the first time India will tax overseas digital companies providing electronic commerce services to consumers, the report said.

On Camera

India’s nuclear-power goal needs more than capital

New Delhi has finally accepted that the base load power demand of the future will need supplementing, and nuclear plants are one way to go about it.

Coastal states Maharashtra, TN, Gujarat top India’s exports index, landlocked UP a surprise performer

Releasing Export Preparedness Index report, NITI Aayog CEO says Centre has ‘ticked a lot of boxes’, & responsibility of driving the next phase of export growth now rests with states.

Rafale deal to be inked in 2026, final assembly line in Nagpur, Indian firms to be roped in

The proposed project costing about Rs 3.25 lakh crore will entail procurement of 18 aircraft in fly away condition & the rest made in India with up to 60% indigenous content.

Thank you Donald Trump, again. India now has reason to shed fear of trade deals and risky reform

UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.