FACT CHECKING
Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these grounds
Mrs Chudamasa’s counsel argued that the AO had erred in treating Rs 2,31,20,000 as investment made during financial year 2017-18. He submitted that the actual payments during the year aggregated to Rs 1.85 crore, comprising Rs 1.73 crore paid to the builder and Rs 11.86 lakh towards registration charges and legal expenses. Read on to know on what grounds did she win in ITAT Mumbai.
US waives rights curbs on Egypt military aid over Iran war role, clears $320 mn funds
The US State Department waived human rights conditions for Egypt's military aid of over $300 million. This decision aligns with Egypt's support during the US military operation in Iran. For years, Egypt has received about $1.3 billion annually in military aid from the US. There have been previous tensions over human rights issues concerning Egypt's record.
Kia Sonet owner to get Rs 10.99 lakh refund, 9% interest and compensation over repeated DPF issues in his car during warranty period: Consumer commission order
Repeated DPF issue in BS6 Diesel car under warranty period with no solution amounts to deficiency in service, rules consumer commission and orders Rs 10.99 lakh refund with 9% interest and Rs 10,000 compensation. Vehicle is Kia Sonet Diesel.
Tax audit deadline extended: Key checks taxpayers should make before filing income tax return
The CBDT has announced an extension for tax audit and ITR filing deadlines for Assessment Year 2026-27. Taxpayers must now file their returns by November 21, 2026, while the tax audit report is required by October 21, 2026. Accurate reporting and compliance checks are essential to avoid scrutiny from the income tax department. Companies should reconcile tax details and be mindful of additional reporting obligations.
Saturday bank holiday: Has government declared all Saturdays as holidays for SBI and other public sector banks? PIB says this
A fraudulent gazette notification has been making the rounds, erroneously stating that every Saturday has been declared a public holiday for public sector banks. The Press Information Bureau has clarified that these claims are baseless and not sanctioned by the Ministry of Finance. According to the Reserve Bank of India, banks observe holidays solely on the second and fourth Saturdays.
Shah Rukh Khan’s co-star survived a horrific car crash, had 67 glass pieces removed from her face, then battled cancer. How did she rebuild her life?
Mahima Chaudhry’s journey has been marked by resilience. After a horrific 1999 car crash left 67 pieces of glass embedded in her face, she faced a difficult recovery and uncertainty about her career. Years later, she was diagnosed with breast cancer in 2022 and underwent treatment. From personal setbacks to health battles, Chaudhry has repeatedly found the strength to rebuild her life and continue moving forward.
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'Proud to return your money to you': Trump sends personalized letter with $500 ACA 'refund' checks - Read Full Text
Eligible Americans are set to receive $500 refund checks from President Donald Trump linked to the Affordable Care Act. These refunds target individuals who purchased insurance through HealthCare.gov without receiving taxpayer subsidies. Over 950,000 recipients in 30 states are identified for these payments timed before the upcoming midterm elections. A personalized letter from Trump will also arrive along with the check.
Horoscope Today, October 1, 2026: New Month Brings Fresh Financial Decisions, Career Focus and Relationship Clarity for All Zodiac Signs
Horoscope Today, October 1, 2026: Aries may need to control spending, Taurus could find financial opportunities, and Gemini may benefit from clearing pending tasks. Cancer can experience financial relief, Leo may receive career recognition, while Virgo could gain investment clarity. Libra faces financial reality checks, Scorpio focuses on contracts, and Sagittarius works on debt control. Capricorn sees career rewards, Aquarius reviews property plans, and Pisces could find new money opportunities.
Christa Pike execution halted at last minute: Why her 1995 murder case is raising questions about death sentences for 18-year-olds
A federal appeals court has halted Christa Gail Pike's execution while reviewing the consideration of her childhood trauma. Pike, who was convicted as an 18-year-old, participated in the murder of Colleen Slemmer in 1995. Her attorneys argue that mental health issues and childhood abuse were inadequately addressed in her sentencing. Although the execution was previously approved, the court's decision has temporarily postponed it.
Earth’s 7 of 9 Planetary Boundaries have been breached: Amazon, oceans and climate are among systems under pressure as situations continue to worsen
Earth's natural systems face mounting pressures, with seven of nine planetary boundaries now breached. The Planetary Health Check 2026 highlights ongoing risks from climate change and biodiversity loss. While two boundaries remain within safe limits, recovery signs for the ozone layer are slowing. Scientists emphasize the interconnectedness of ecosystem changes and their impacts on human livelihoods, indicating urgent action is necessary.
Anthropic IPO creates Wall Street frenzy but number of companies delay initial public offerings in a reality check for U.S. Stock Markets. Check full list, reasons
U.S. Stock Markets have been in frenzy over the news of Anthropic IPO. However, a list of postponed, delayed or shelved initial public offerings have sent a reality check.
How much can FIFA give? Infantino orders review after $2.1 billion funding push
FIFA President Gianni Infantino has ordered an assessment regarding financial distributions to national associations. This initiative follows requests from UEFA and CONCACAF for a $2.1 billion payout. Each of FIFA's 211 member associations may receive at least $10 million in the next cycle. Infantino emphasized the need for proper governance and transparency in any financial decisions made. The FIFA Council is set to review these proposals on October 15.
Quote of the day by Alan Watts: ‘The meaning of life is just to be alive. So simple. And yet, everybody rushes around in a great panic as if…’ American author on why living in the present matters more than chasing success
Alan Watts' quote remind individuals about the significance of experiencing the present moment. Many people suffer from anxiety and burnout due to the pressure of achieving future goals. He argues that true fulfillment comes from appreciating life as it occurs and not as a means to an end. Individuals are encouraged to redefine success beyond external achievements and to embrace simple existence.
Husband of 16-year-old Muslim girl faces POCSO case after hospital visit during her pregnancy, Delhi High Court orders marriage under personal law cannot protect him
Delhi High Court has refused to quash a POCSO case against a man who married a girl aged 16 years and three months under Muslim personal law. Justice Sanjeev Narula said the age of consent is 18 and no personal law can create an exception to it.
Punjab CM orders strict action over alleged LPU rape, directs DGP to visit campus
Punjab Chief Minister Bhagwant Mann has directed strict actions concerning the alleged rape incident at Lovely Professional University. He instructed Director General of Police Gaurav Yadav to assess the situation on-site. Following the incident, student protests erupted on campus, leading to increased police deployment for security. The university has suspended regular classes for ten days amid these events.
Sleeper bus fire safety concerns grow after 9 die in Delhi-Mahoba bus blaze: What retrofitting and overloading can change
Sleeper buses traveling along highways are facing heightened scrutiny following a tragic fire incident that resulted in nine fatalities. Experts warn that modifications intended to boost passenger capacity could undermine safety measures and evacuation protocols. The use of unauthorized retrofits raises concerns about fire hazards, as many buses have evaded proper fitness assessments. Ensuring passenger safety is a collective responsibility shared by bus operators, manufacturers, and retrofitters alike.
Electronics demand, global supply shifts, policy support driving India's semiconductor play: BCG top exec
India is well placed to build a deeper semiconductor ecosystem as domestic electronics demand rises, government incentives expand and global supply chains diversify, BCG’s Ankush Wadhera said. He expects AI to keep driving demand for GPUs, memory and compute, arguing that current AI-safety debates are “speed-breakers” rather than barriers to semiconductor growth.
‘Reverse engineered from UFOs’: Does US military have a triangular aircraft with anti-gravity technology called ‘TR-3B Black Manta’? Here’s the truth
Recently, numerous reports emerged from Tehran and Zahedan about sightings of a mysterious triangular object illuminated by bright lights. This has sparked online chatter about a potential clandestine craft known as the TR-3B Black Manta. Given former President Donald Trump's past remarks on advanced weaponry, public interest in secret military technologies has surged.
Non-recovery of train ticket from deceased passenger can't defeat compensation claim: SC
The Supreme Court restored an award of compensation for the parents of Maheshbhai, a deceased passenger. He died after falling from a moving train in Gujarat on September 27, 2017. The court noted the absence of a train ticket should not invalidate their claim for compensation. The Railways Claim Tribunal had held Maheshbhai was a bona fide passenger deserving of compensation, which was initially undermined by the Gujarat High Court.
The company reported a Rs. 162 crore loss. It actually lost nearly Rs. 8,000 crore. Where, and how, did it hide the loss?
There is a legal way to make a loss-making company look profitable, and it turns on a single label almost nobody questions. Once it's applied, a running cost can stop, a whole bleeding business can slip out of the headline number, and a stale valuation can sit untouched for years. This story walks through each of these moves, one by one, and shows them at work inside real Indian companies – including one where a fraction of the true loss was the number shareholders actually saw.
Fridge still smells after cleaning? Soak a cotton swab in vanilla and leave it inside for 24 hours: This little-known trick targets lingering odors
Deep cleaning your refrigerator is vital for eliminating odors and maintaining food hygiene. Consider soaking cotton swabs in vanilla essence and placing them inside to help neutralize unwanted smells. Alternative options include vinegar-based cleaning or coffee grounds to absorb odors effectively. If unpleasant scents persist, a more vigorous cleaning regimen may be necessary, and in dire situations, replacing the appliance might be essential to ensure a safe food storage environment.
Facebook accused of deceiving users in New Mexico as trial over privacy scandal wraps up
Jurors heard two weeks of evidence and must now decide whether Facebook violated the state's Unfair Practices Act and if so, how many times. It would then be up to the judge to determine how much the company would pay per violation.
Did government order banks to stock ATMs ahead of UPI charges? Here’s what PIB said
A newspaper clipping claiming banks were told to increase ATM cash stocks ahead of UPI fees has circulated online, prompting a government fact check. PIB said neither the RBI nor the Finance Ministry issued such an instruction. The clarification comes as a revised UPI framework introduces MDR for specified higher-value merchant payments, while keeping P2P transactions and most merchant payments free.
How one email cost a 77-year-old retiree $390,000 and his retirement plans
Jeffrey Maas, a 77-year-old retiree, lost his life savings after falling for a scam. He received a fake email about an antivirus charge that led to a phone call with a scammer. Maas was manipulated into believing he had to buy gold to reverse a fraudulent deposit. He filed a lawsuit against his bank and the precious metals dealer for negligence.
National Student Laptop Scheme 2026: Viral message leaves students curious, PIB responds
The PIB Fact Check has debunked a WhatsApp message claiming that the Government of India is inviting students to apply for free laptops under the “National Student Laptop Scheme 2026.” The agency said no such government scheme has been announced and no applications have been invited. It also warned that fraudsters may use attractive offers to obtain personal, financial or banking information.
Indian Bank, Bank of Maharashtra, Canara Bank among 9 PSU banks to merge with SBI, PNB, BoB? PIB responds
A Gazette notification claiming that nine public sector banks will be merged into State Bank of India, Punjab National Bank and Bank of Baroda has gone viral on social media. The document, designed to resemble an official Ministry of Finance notification, lists the proposed combinations. The PIB Fact Check Unit has debunked the claim and identified the circulating notification as fake.
India Post gift offer goes viral on social media, but what is the ‘Dak Seva Gifts’ scheme? PIB responds
A viral image claiming that India Post is distributing gifts under a “Dak Seva Gifts” scheme has been debunked by the PIB Fact Check Unit. The agency said India Post has no connection with the alleged gift, reward or lucky draw offer and urged citizens not to click suspicious links or share bank details, OTPs or Aadhaar information
Oversight Board blasts 'inadequate' Meta safeguards for AI deepfakes
Meta on Thursday moved to remove AI-generated videos targeting two women, including a British politician, after the tech giant's Oversight Board blasted its "fundamentally inadequate" safeguards against proliferating deepfakes. "From politicians to private citizens, AI-generated deepfakes are increasingly being used to harass and silence women from engaging in public discourse," Oversight Board Cochair Pamela San Martin said in a statement.
Oversight Board asks Meta not to replace fact-checking with Community Notes
Meta's Oversight Board asked the company not to replace fact-overnight Friday, after it said it was testing the crowdsourcing system in Latin America. However, Meta's Oversight Board, the quasi-independent body the company funds to review its moderation decisions, said Community Notes was not an adequate replacement for fact-checking and that the two practices serve "distinct purposes."
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