How recent Foreign Tax Credit changes impact salaried taxpayers earning from abroad

FTC allows individual taxpayers to claim a credit in India for taxes paid in a foreign jurisdiction on the same income. (AI image) With the rise in global workforce mobility, an increasing number of Indian professionals are earning income across multiple jurisdictions. Employees of multinational companies undertaking overseas assignments, or cross-border roles receive regular salaries…

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US-Iran war: India prepares to re-start LNG buys from Russia; seeks Trump admin waiver, says report

India imports a big portion of its LPG and LNG needs and has been looking to step up procurement from alternative sources. (AI image) Amid Strait of Hormuz-linked supply disruptions, India has reportedly sought a waiver from the US for buying liquified natural gas (LNG) from Russia. According to a Reuters report, India has approached…

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Centre announces extra 20% LPG allocation to states amid global energy crisis — what it means

As ongoing Middle East conflict continues to weigh energy supplies across the globe, the Centre has approached states to step up commercial LPG allocation, inceasing the distribution to 70%. In a letter to chief secretaries of all states and Union territories, secretary of the ministry of petroleum and natural gas, Dr Neeraj Mittal, outlined a…

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Gold price prediction: Will gold prices continue to move up on March 27, 2026 after crash? Check outlook amid US-Iran war

Gold is moving from the mid-band toward the upper band, suggesting strengthening momentum. (AI image) Gold price prediction today: Gold prices are seeing a steady recovery and Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities recommends a buy on dip strategy.Gold futures on MCX are trading near ₹1,45,500 after witnessing a steady…

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To keep fuel prices stable, govt hikes ATF duty, cuts excise on petrol, diesel

As the Middle East conflict continues to disrupt global oil supplies, the Centre has stepped in to ensure better fuel availability for citizens. In a bid to cushion local consumers from the ripples, the government has imposed fresh duties on fuel exports while easing the domestic excise duties. Finance minister Nirmala Sitharaman announced that export…

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Oil prices today: Crude falls as Trump pauses attacks on Iranian energy plants; Brent at $105 per barrel

Oil prices cooled down on Friday, after US signalled negotiations with Iran were ‘going very well’ and pushed the deadline with the country for 10 days. Both benchmarks, Brent crude and West Texas Intermediate (WTI) were down 2%. Brent crude touched $108 per barrel before easing to $105.75 per barrel, down 2.08%. West Texas Intermediate…

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Gold, Silver Rate Today Live Updates: Gold, silver prices continue to climb after worst crash in over 40 years; what’s the outlook?

The weakening of the dollar made bullion, which is priced in the greenback, more affordable for investors using other currencies. “For weeks, gold has been treated as a liquidity asset sold to cover volatility and margin calls elsewhere, but at current levels, it is now looking more like a value proposition for investors, which is…

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