The taxpayer has now received what could be described as a rare opportunity to substantiate his case and contest the Rs 11.22 crore addition. Your income tax return comes under scrutiny and you are given a chance to present your case before ITAT as part of your appeal you propose planting trees. A Haryana resident…

A price board at a petrol station in Paris, France (Picture credit: Reuters) Diesel prices have surged to record levels in Europe and the United States as wars in Iran and Ukraine disrupt supplies from major producers and damage refineries, leaving limited options to prevent further gains.European diesel futures closed at an all-time high last…

Trump-Xi summit puts tariffs, AI, rare earths and Taiwan in focus Chinese President Xi Jinping arrives in Washington on September 23 for a three-day state visit. When US President Donald Trump welcomes Xi to the White House, the two leaders will have plenty to talk about: tariffs, artificial intelligence, rare earths, Taiwan and Iran.India will…

Trump administration faces flak from critics over Belarus potash deal amid pressure on India over Russian energy TOI correspondent from Washington: Critics are calling out the Trump administration for hypocrisy and double standards after MAGA supremo Donald Trump announced a potash (fertiliser) deal on Monday with Belarus, a close ally of Moscow, days after he…

File photo: Civil aviation minister K Rammohan Naidu (PTI Photo) The government will not impose a cap on airfares during the upcoming festive season but will advise airlines to keep ticket prices at reasonable levels, civil aviation minister K Rammohan Naidu said on Tuesday.Speaking to reporters on the sidelines of the signing of pacts for…