The Income-Tax Department on Sunday cautioned taxpayers that failure to disclose assets held abroad or income earned in foreign shores in the ITR can attract a penalty of Rs 10 lakh under the anti-black money law. The department issued a public advisory as part a compliance-cum-awareness campaign launched recently by it on Saturday to ensure that such information is reported by the assessee in their Income Tax Return (ITR) for assessment year (AY) 2024-25.
In front of a tournament-high crowd of 81,188 at MetLife Stadium that included US President Donald Trump, Chelsea triumphed to bag the biggest club title.
Flamengo overturned a first-half deficit to defeat Chelsea 3-1 in their Club World Cup Group D clash on Friday, with second-half goals from Bruno Henrique, Danilo, and Wallace Yan securing the Brazilian side's second consecutive win in the tournament.
Nineteen years later, remembering how terror struck Mumbai's lifeline on July 11, 2006.
English Premier League champions Manchester City beat FA Cup winners Manchester United 7-6 on penalties to win the Community Shield.
Lando Norris won the Austrian Grand Prix and revived his Formula One title bid after fending off championship-leading McLaren team mate Oscar Piastri under race-long pressure on Sunday.
Tata Sons Ltd, the holding company of the $150 billion Tata group, may be forced to infuse fresh capital into its loss-making telecom arm, Tata Teleservices Ltd (TTSL). This is because TTSL has to pay Rs 19,256 crore adjusted gross revenue (AGR) along with other dues to the central government by March 2026.
Such issues need to be addressed quickly to ensure your retirement savings are not affected.
Joao Neves scored twice as Paris St Germain swept aside Lionel Messi's Inter Miami 4-0 at Atlanta's Mercedes-Benz Stadium to secure their place in the Club World Cup quarter-finals.
'Experts and stakeholders have raised concern over the refund provision in the draft Bill. That was a drafting error, which will be rectified,' a government official said.
Sunderland stun Sheffield United in playoff to return to Premier League
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Canada advanced to the Copa America semi-finals with a 4-3 victory over Venezuela via the tie-breaker in the quarter-finals in Arlington, Texas, on Friday after the teams were locked 1-1 at the end of extra-time.
Crystal Palace's Eberechi Eze sparked a massive south London party by scoring the only goal to win the FA Cup 1-0 against Manchester City on Saturday and claim the club's first major trophy in their history.
Al-Ahli secured a 3-1 win over 10-man Al-Hilal to win the battle of the Saudi Pro League sides in Jeddah on Tuesday, booking a place in Saturday's final of the Asian Champions League Elite to keep their dream of a first continental title alive.
The racing scenes in Brad Pitt's new F1 movie are impressively authentic but the filmmakers have also made much of how the sport's past is woven into the plot -- with a hefty slice of Hollywood artistic licence.
Newcastle United thumped Crystal Palace 5-0 at St James' Park on Wednesday to go third in the Premier League table with a sixth consecutive win in all competitions as Jacob Murphy scored one goal and set up another.
Portugal skipper Cristiano Ronaldo shed tears of joy as they won their second Nations League title on Sunday, insisting that winning trophies with his country beats all club honours.
Paris St Germain teenager Desire Doue, who was not even guaranteed a spot in the starting lineup, burst into instant stardom when he lit up the Champions League final as they thrashed Inter Milan 5-0 on Saturday.
IMAGES from Premier League matches played on Sunday.
'The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM'
'I've scored many goals that might have been even more beautiful and valuable -- also because of their importance -- but the header in the Champions League final against Manchester United has always been my favourite.'
Sacked Italy manager Luciano Spalletti bowed out with a victory after his side laboured to an uninspired 2-0 home win over Moldova in their World Cup qualification match on Monday.
"My son died in agony. All the culprits should be hanged to set an example, so that no family loses its son to such crime in future," Raghuvanshi's father Ashok Raghuvanshi told PTI.
Argentina beat Ecuador 4-2 on penalties to move into the semi-finals of the Copa America on Thursday after goalkeeper Emi Martinez made two saves for the reigning champions in the shoot-out following a 1-1 draw in regulation time.
A summary of Thursday's Europa League quarter-finals second-leg.
Lando Norris put Formula One champions McLaren on pole position for the Monaco Grand Prix in track-record time on Saturday, with Ferrari's Charles Leclerc alongside on the front row for his home race.
The exchanges have also revised the instances which will be considered a technical glitch excluding instances where the broker is not at fault.
Images from the FA Cup semi-final between Crystal Palace and Aston Villa at Wembley stadium, London, on Saturday.
Images from the Euro 2024 quarter-final between Portugal and France, at Hamburg Volksparkstadion, Germany, on Friday.
Uruguay beat Canada on penalties in the Copa America third-place play-off match on Saturday after a 2-2 draw at the Bank of America Stadium in Charlotte, North Carolina.
Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan
Registering the agreement for sale remains the most reliable way for a homebuyer to secure their legal and financial interests.
Miami's Hard Rock Stadium was awash in Argentine passion as Boca Juniors fans turned it into a little Buenos Aires for their team's 2-2 draw with Benfica on Monday.
PSG beat Seattle to reach knockout stage at Club World Cup
A round-up of Sunday's Nations League second leg quarter-final matches.
Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling Rs 2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems.
Stock exchanges' levy of penalties, ranging from Rs 3 lakh to Rs 12 lakh, on public-sector undertakings (PSUs) for lapses in board composition for the 2024-25 October-December quarter has brought forth issues of governance. Last month, 16 PSUs requested bourses to waive these penalties, arguing that these lapses were neither due to negligence nor within their control, as the appointment of directors is managed by the government.
He further commented on the current state of public discourse, saying a "mob rule" is being created wherein politicians capitalise on certain incidents and assure people of the death penalty for culprits even though only the judiciary has the power to pass legal verdicts.
Manchester City and Chelsea both secured their Champions League places with victories on the final day of the English Premier League season and Newcastle United joined them despite stumbling to a last-day defeat.
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