'Nicolas Maduro’s nephews, oil tankers': US imposes new sanctions on Venezuela — details

‘Nicolas Maduro’s nephews, oil tankers’: US imposes new sanctions on Venezuela — details

The United States on Thursday imposed new sanctions on Venezuela, targeting three nephews of President Nicolas Maduro’s wife, along with six crude oil tankers and associated shipping companies. The action coincided with a large-scale US military buildup in the southern Caribbean and President Donald Trump’s campaign for Maduro’s ouster. On Wednesday Trump said the US…

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Income Tax department imposes Rs 2.2 lakh penalty on retired government employee for gratuity tax exemption claim - how she won case in ITAT

Income Tax department imposes Rs 2.2 lakh penalty on retired government employee for gratuity tax exemption claim – how she won case in ITAT

The Cochin Income Tax Appellate Tribunal’s analysis centres on the taxpayer’s disclosure compliance. (AI image) While filing your income tax return and claiming tax exemptions, it is important to be aware of the limits and applicability. In one such case where the taxpayer was mistaken about the amount of tax exemption available to her for…

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