MCD Tax Collection Jumps 45% with Amnesty Scheme
Delhi's Municipal Corporation reports a 45% increase in property tax revenue, reaching Rs 2,700 crore. The SUNIYO amnesty scheme attracted 1.7 lakh taxpayers, boosting collections significantly.
Delhi's Municipal Corporation reports a 45% increase in property tax revenue, reaching Rs 2,700 crore. The SUNIYO amnesty scheme attracted 1.7 lakh taxpayers, boosting collections significantly.
EPFO subscribers will soon withdraw PF savings directly via UPI to bank accounts, simplifying access and reducing delays for India's 8 crore members.
The Labour Ministry is developing a UPI-based system for EPF withdrawals, aiming to give 8 crore members direct access to funds by April 2026, streamlining the process.
EPFO plans to deploy AI, blockchain, and machine learning to authenticate past service records for members, especially those from pre-UAN era, simplifying claims and merging accounts.
Finance Minister Nirmala Sitharaman will present Union Budget 2026 on February 1. Tax experts predict a gradual phase-out of the old income tax regime as the new regime gains popularity.
India's gross direct tax collections increased 4.1% to Rs 21.5 lakh crore, with sluggish income tax growth offset by stronger corporate tax performance. Net collections rose 8.8% to Rs 18.4 lakh crore.
India's net direct tax collection rises 8.82% to over Rs 18.38 lakh crore till Jan 11. Refunds drop 17%. Government aims for Rs 25.20 lakh crore target for FY26. Read the full analysis.
EPFO plans to integrate ATM and UPI for instant PF withdrawals, eliminating the need for cheques. Learn how this digital shift will benefit over 7 crore subscribers.
The new Simplified Income Tax Act, 2025, comes into force on April 1, 2026, replacing the old assessment year system with a single 'tax year'. Learn how this major tax reform simplifies compliance for Indian taxpayers.
The new Income Tax Act 2025 comes into force on April 1, 2025. Understand the key changes in tax slabs, deductions, and compliance for the upcoming financial year.
The Income Tax Act, 2025, replaces the 64-year-old law from April 1. It simplifies rules, reduces litigation, and incorporates Budget 2026-27 changes. Read the full explainer.
Dhirendra Kumar of Value Research explains how India's structural & cultural bias towards fixed deposits silently erodes wealth. Discover why savers lose to inflation while banks & govt thrive.
India's income tax department launches a 'Nudge' campaign to boost honest reporting as direct tax growth slows to 8%. Learn about the new compliance focus and collection targets.
Chandigarh Municipal Corporation intensifies property tax recovery, targeting residential & commercial defaulters. Officials aim to maximise revenue before fiscal year-end in March.
Gurgaon's MCG accelerates property tax recovery, collecting Rs 30 crore in 1.5 months and sealing 55 properties. The civic body now targets illegal commercial activities in residential areas to boost revenue for city development.
Private sector employees may see their PF contribution limit raised to Rs 30,000 by 2026, boosting retirement savings. Learn what this means for your Provident Fund balance.
AMFI data reveals a slowdown in equity mutual fund inflows to ₹28,054 crore in Dec 2025, while gold ETF investments surge over 3x. Discover the shifting trends in investor portfolios.
Groww Mutual Fund launches Groww Small Cap Fund NFO from Jan 8-22, 2026. Minimum investment ₹500. Aiming for long-term capital appreciation in high-potential small-cap stocks. Know key details.
Prayagraj Municipal Corporation identifies 40,000 properties with 3-year tax dues. Notices issued; failure to pay may lead to property attachment, water cut. Act now to avoid penalties.
The Municipal Corporation of Gurugram has successfully recovered ₹295 crore in outstanding property tax from defaulters in 2025 through a special recovery drive. Discover how the civic body is boosting its revenue.
EPFO to enable instant advance withdrawals for 30 crore members via BHIM app. Get ready for ATM-like access to your provident fund for emergencies. Learn more.
A proposal to raise the EPFO monthly wage ceiling from Rs 15,000 to Rs 25,000-30,000 is revived, potentially expanding social security coverage for millions of workers. Learn the impact.
More than 145 countries have solidified a revised global minimum tax agreement, incorporating US concerns. This landmark deal aims to curb corporate tax avoidance worldwide. Read the full details here.
Recent tax amendments on PF, NPS, and superannuation funds create financial anxiety for India's middle class. Explore the impact and calls for reform.
Indian tax authorities deploy generative AI for faster compliance checks and fraud detection. Discover why human oversight remains crucial in this tech-driven shift.
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.
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 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.
Ministry of Labour pre-publishes draft rules under new labour codes. Public consultation open for 45 days. Key changes in wage definition, PF, gratuity calculation explained.
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.