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foreign assets disclosure

Weaker rupee may push foreign assets above FAST-DS Rs 1 crore limit: Taxpayers could lose the disclosure window which allows lower 60% tax outgo and face a steeper income tax bill

Since the tax payable through an updated return could be higher, an assessee may potentially save Rs 30-40 lakh. Income tax alert! If you have foreign assets then you need to be mindful of the negative impact on your tax outgo that the recent decline in rupee’s value versus the US dollar could have had.The...
107291118 1692832899082 gettyimages 1608151041 HUGGING FACE AI

Nvidia reportedly agrees to buy Hugging Face for $12.9 billion

Nvidia has agreed to buy open-source platform Hugging Face for $12.9 billion, The Information reported on Wednesday, citing a person with knowledge of the deal. Deal talks began after Hugging Face, an open-source AI platform developers use to collaborate, test and share tools, received acquisition interest from another suitor, according to The Information. Business Insider...
satkar sakhis played crucial role in making mukh mantri mawan dheeyan satkar yojna successful

Bhagwant Mann: Over 76 lakh women registered under Mawan Dheeyan Satkar Yojna: Punjab CM Mann | India News

Satkar Sakhis played crucial role in making Mukh Mantri Mawan-Dheeyan Satkar Yojna successful Punjab Chief Minister Bhagwant Mann on Wednesday said 76.11 lakh women have been registered under the state government’s Mawan Dheeyan Satkar Yojna.He said a sum of Rs 2,381 crore has already been transferred into the accounts of 68.06 lakh women.Under the Mukh...
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