Student loan forgiveness to be taxed from 2026
Millions of US student loan borrowers may face large federal tax bills from 2026 as a key tax exemption expires. Learn about the impact and how to prepare.
Category : Search result: Tambaram property tax
Mohali MC to Seal, Auction Properties of Tax Defaulters
Mohali Municipal Corporation launches a strict drive against property tax defaulters. Major commercial & industrial units face sealing & auction if dues not cleared in 3-day grace period. Pay now to avoid action.
Tambaram cuts property name change fee to flat ₹500
Tambaram Corporation introduces a flat ₹500 fee for property tax name changes, down from thousands. This new uniform rate, effective January, brings major relief to residents and aligns with Greater Chennai Corporation's model.
Mohali MC seals properties over Rs 10 crore tax dues
Mohali Municipal Corporation cracks down on major property tax defaulters, including GMADA with Rs 10 crore dues. Sealing and auction drive initiated. Pay now to avoid action.
Govt Debunks 85% Tax on ₹10 Lakh Bank Transactions
PIB Fact Check refutes viral social media claim of an 85% tax on transactions over ₹10 lakh. No such tax exists. Read details on the new Income Tax Act 2025 and its simplified rules.
Tax Regime Choice Impacts Your Tax Outgo Significantly
With the new tax regime as default, choosing wrongly can lead to higher tax payments. Experts explain key factors like HRA, deductions, and documentation to consider for optimal tax planning in India.
India's 2026 Tax Overhaul: Predictability & Tech at Core
India's 2026 tax landscape is set for a major shift towards predictability and technology. Explore the key reforms in Income Tax, GST 2.0, and dispute resolution that aim to build taxpayer trust.
2025 Tax Reforms: New Regime, Crypto Rules, GST Slabs
India's 2025 tax reforms reshaped personal income tax, GST, and crypto rules. Explore key changes in slabs, compliance, and the new Income-tax Act 2025. Read more.
Saudi Arabia's new sugar tax on beverages starts Jan 1
Saudi Arabia replaces its 50% flat tax with a four-tier excise duty based on sugar content from January 1, aiming to cut consumption. The UAE will implement a similar system in 2026. Read how this GCC health move affects prices.
Gurgaon MCG seals 7 properties for Rs 1.8 crore tax dues
MCG Gurgaon sealed seven properties for non-payment of Rs 1.8 crore in property tax. The drive, led by Zonal Taxation Officer Pankaj Kumar, resulted in a single-day collection of Rs 7 crore. Read more about the crackdown and the use of AI to boost revenue
Last Date for Revised ITR is Dec 31: Key Steps
Taxpayers can file revised ITR until Dec 31, 2025 for AY 2025-26. Learn how to check your refund status online and understand common reasons for processing delays.
TDS Mandatory on Property Purchase from NRI Seller
Buying property in India from an NRI? Learn why TDS deduction is mandatory regardless of the seller's income or capital gains amount. Avoid hefty penalties and legal liability.
Chandigarh Estate Office Ends Paperwork, Goes Fully Digital
Chandigarh's UT estate office has launched complete digital processing for property applications, from transfers to OC, cutting paperwork and visits. Discover the new reforms.
Tambaram's Garbage Crisis: Broken Trucks Halt Waste Collection
A year after privatisation, Tambaram's waste management fails as non-functional vehicles lead to open dumping, raising health risks. Councillors demand urgent action.
Tambaram's Hawker Crisis: 5,000+ Illegal Vendors Cause Chaos
Tambaram councillors highlight severe encroachment by over 5,000 vendors. Read about the demand for a vending committee and the commissioner's action plan.
California Wealth Tax Sparks Silicon Valley Exodus Fears
Anduril's Palmer Luckey warns California's proposed 5% billionaire wealth tax could force asset sales and home seizures. Tech elite like Peter Thiel consider leaving. Read the full analysis.
NITI Aayog Wants to Decriminalise Income Tax Offences
NITI Aayog's new paper recommends decriminalising many income tax offences to shift from fear to trust-based compliance. Could this reform boost investment and ease business?
Lucknow's New Digital Property Tax System Boosts Transparency
Lucknow Municipal Corporation launches Property Tax Management System (PTMS) for transparent, digital assessment. Ends harassment, ensures accurate calculation. Learn how it affects you.
MCG seals 6 Gurugram properties over ₹2 crore tax dues
MCG intensified its property tax crackdown, sealing six properties with ₹2 crore dues. The action spurred compliance, leading to ₹7 crore in same-day collections. Commissioner warns of continued action.
Saudi Arabia Imposes Fines on Undeveloped Land to Boost Housing
Saudi Arabia's new draft regulation imposes heavy fines on idle land to force development, ease housing shortages, and curb speculation. Public consultation open until 2026.
Brockman estate pays $750M in tax fraud settlement
The estate of Robert Brockman settles the biggest US individual tax fraud case, agreeing to pay $750 million in back taxes and penalties. Details on the $2 billion offshore empire revealed.
Bengaluru East seals properties in tax crackdown
Bengaluru East City Corporation seals commercial properties over unpaid taxes. With Rs 1,673.5 crore target, only Rs 954.9 crore collected. Read about the enforcement drive.
New Simplified Income Tax Act 2025 Takes Effect April 1
India's new Income Tax Act, 2025, replaces the 1961 law from April 1, aiming for a simplified tax regime. Read about the key changes and implications.
New Tax Regime: PPF Holds Ground, ELSS Loses Appeal
As India's new tax regime becomes the default, savers are ditching ELSS for PPF and index funds. Discover why tax-saving discipline is shifting and how to invest wisely.
ITR Processing Deadline: CPC Must Finish by Dec 31, 2026
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
ITR Refund on Hold? I-T Dept's SMS Sparks Concern
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.
IT Refunds on Hold: Tax Dept Flags Mismatches in ITR Filing
Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.
MCG Seals 15 Properties of Tax Defaulters in Gurugram
The Municipal Corporation of Gurugram (MCG) sealed 15 commercial properties for property tax default, recovering over ₹1.5 crore. The crackdown targets major defaulters across the city.
3.6 Million Indians Update Tax Returns Before Dec 31 Deadline
India sees a surge in voluntary tax compliance with 3.6 million individuals revising returns. CBDT's NUDGE campaign urges corrections before the December 31 deadline to avoid penalties.
3rd National Indirect Tax Moot Court Competition Concludes
The 3rd National Indirect Tax Moot Court Competition 2024, organized by the Chamber of Tax Consultants, concluded successfully in Delhi. The event aimed to hone the skills of future indirect tax professionals. Read more about the winners and key insights.
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