Sold a property funded entirely by you but jointly owned with your wife? You may claim 100% Section 54 LTCG exemption on a new home in your name; what your wife should report in her ITR

Section 54 provides relief from long-term capital gains tax when an individual or HUF sells a residential house and reinvests the capital gain in another residential house. You bought a property jointly in the name of yourself and your wife, but the entire money spent on the purchase came from you. Now you are planning…

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Sea Otters were successfully reintroduced in Canada after their extinction due to fur trade, protecting the kelp populations; but now they are threatening a ‘local delicacy’

The reintroduction and success of sea otters in British Columbia was a story that initially satisfied everyone including conservationists and the natives. The adorable creatures once occupied much of Canada’s Pacific coast, before the fur trade for their exceptionally dense coats turned into a mass death sentence. But now, their population is threatening the availability…

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US army secretary Dan Driscoll steps down amid tensions with Pentagon chief Hegseth: Report

Driscoll’s exit leaves the Army without its Senate-confirmed civilian secretary amid a wider leadership shake-up. Army Secretary Dan Driscoll has resigned after about 18 months in the post, becoming the latest senior military official to leave the Trump administration amid a sweeping shake-up of Pentagon leadership.The White House confirmed Driscoll’s departure on Monday but gave…

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