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Retired PSU bank employee claimed Rs 9.29 lakh leave encashment as tax-free, but taxman restricted exemption to Rs 3 lakh; ITAT applies Rs 25 lakh limit retrospectively, cancels Rs 6.29 lakh addition

On September 22, 2026, the ITAT Jaipur ruled in the retired bank employee’s favour. (Image for representative purpose only) Leave encashment is tax-free up to a limit for non-government employees. While the limit was earlier Rs 3 lakh, it was revised to Rs 25 lakh in 2023. There is no such upper limit for government...

‘He can’t walk in right now’: Shreyas Iyer says Vaibhav Sooryavanshi has ‘more years to get opportunities’ | Cricket News

Shreyas Iyer and Vaibhav Sooryavanshi India T20 captain Shreyas Iyer has made it clear that Vaibhav Sooryavanshi will have to wait for regular opportunities in the playing XI, with established openers Abhishek Sharma and Sanju Samson continuing to deliver at the top of the order.Despite the teenager’s impressive rise, Iyer believes there is no need...

MPPSC ADPO admit card 2026 to be released today at mppsc.mp.gov.in; check download steps and exam date

MPPSC ADPO exam on November 1; check 107 vacancies, paper pattern and admit card details MPPSC ADPO admit card 2026: The Madhya Pradesh Public Service Commission (MPPSC) Assistant District Public Prosecution Officer (ADPO) 2026 admit card is scheduled to be available for download from October 21, 2026, according to the details provided. Candidates appearing for...

Stock Market Highlights: Sensex closes 561 points lower at 77,054; Nifty settles at 24,052

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been standard dummy text ever since the 1500s,

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.



Stock Market Live Updates: Indian benchmark indices extended their losses on Tuesday, with the BSE Sensex tumbling 561.46 points to 77,054.94, while the NSE Nifty50 declined 158.95 points to 24,052.05. This marked a further dip after the market closed flat on Monday after recovering from sharp intraday losses, supported by a rally in IT stocks led by TCS, HCLTech and Infosys.

However, sentiment remains fragile as crude oil prices have climbed to multi-week highs following fresh US-Iran hostilities and renewed concerns over disruptions in the Strait of Hormuz.

Brent crude surged to nearly $85 a barrel, while the rupee weakened 30 paise to close at 95.68 against the US dollar, raising concerns over inflation and imported costs. Investors will closely track developments in the Middle East, global markets, oil prices and the rupee for further cues.

The BSE Sensex surged 827.57 points (1.08%) to close at 77,569.39 on Friday, while the NSE Nifty50 climbed 244.10 points (1.02%) to settle at 24,206.90, driven by gains in heavyweight stocks including Reliance Industries, ICICI Bank and HDFC Bank.

(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)



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