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.
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.
A 52-year-old Indian homemaker's joy at earning her first income through YouTube in just six months has gone viral, proving age is no barrier to dreams. Watch the heartwarming moment!
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.
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.
Bond carry trades, profiting from India's high yields and low funding costs, are surging. With RBI holding rates, investors target 1% returns. Learn the strategy and risks for 2025.
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.
Thousands face tax refund delays as the Dec 31 deadline for revised ITR filing nears. The income tax department has yet to process 70 lakh returns for AY 2025-26. Act now to avoid higher penalties.
Income Tax Department freezes Lulu Mall Lucknow's bank account for failing to deposit TDS. Action follows a ₹1.5 crore demand. Read the full story.
US Senator Bernie Sanders questions Elon Musk and Bill Gates on AI replacing jobs, sparking a viral debate on Universal Basic Income and robot tax as solutions. Explore the Indian UBI pilot's results.
Telangana's per capita income is set to hit $5,000, surpassing nations like Pakistan and Nepal. Driven by GCCs and steady growth, the state's economy is reshaping its global standing. Explore the full analysis.
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?
The deadline to link PAN with Aadhaar is December 31, 2025. Failure will make your PAN inoperative, blocking refunds, increasing TDS, and halting key financial transactions. Act now to avoid consequences.
As RBI rate cuts reshape India's investment landscape, bonds offer a rare opportunity for high returns with lower risk. Learn the strategies to capitalise in 2026.
Social media influencer Sophie Rain reveals earning $43.4 million on OnlyFans in a year, sparking viral debate as her income surpasses NBA star Jayson Tatum's salary.
Chandigarh's vehicle registration trends show a shift as two-wheelers now lead. Explore the data, reasons behind high car ownership, and comparisons with Gandhinagar and Jalandhar.
Chris Jericho and Jessica Lockhart's combined net worth in 2025 is estimated between $15-20 million. Discover how Jericho's wrestling, music, and media empire built this fortune. Read the full analysis!
Freelance journalist Ezrela Dalidia Fanaipari Fanai was discovered deceased in her Aizawl residence. Police found no evidence of foul play. Read the full report on this tragic incident.
20-year-old creator Sophie Rain reveals earning $82 million in 18 months, surpassing LeBron James. But her journey was tougher than a 9-to-5 job. Read her full story.
Bengaluru entrepreneur Rohit Shroff announces exit from India by 2026, criticising the tax system for targeting compliant taxpayers. His LinkedIn post sparks online debate.
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.
Taxpayers have until January 31, 2025, to file revised income tax returns for AY 2025-26. Learn the step-by-step process and crucial rules for correcting errors in your ITR.
India's upcoming Household Income Survey 2026 aims to close a decades-long data gap on what homes earn, moving beyond consumption for better policy. Read how this will reshape economic understanding.
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.
Credit risk funds delivered stellar 10% returns in 2025, while long-term debt funds lagged at 2.8%. Experts suggest a barbell strategy for 2026. Discover the top-performing dynamic bond funds.
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.
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.
Income Tax Department reveals over 15 lakh revised returns filed for AY 2025-26. Deadline is Dec 31. Learn about updated ITR rules and new advisory campaign.
Indian taxpayers must file revised or belated Income Tax Returns by December 31, 2025 for FY 2024-25. Experts explain the rules and post-deadline options like Updated Returns.
Indian taxpayers can still disclose foreign income & assets by filing a revised ITR before December 31. Learn about Schedule FA, FSI, and how to avoid heavy penalties under the Black Money Act.
A Karnataka farmer's innovative model of combining solar power generation with agriculture yields Rs 1.2 crore annual income. Discover how this sustainable approach is being promoted by CM Siddaramaiah.