Save Tax on Gold, Stock Gains with Section 54F
Learn how Section 54F of the Income Tax Act allows Indians to save on long-term capital gains tax by reinvesting in a residential property. Key conditions and timelines explained.
Category : Search result: tax cuts demand
NMC collects Rs 66 crore from tax defaulters via amnesty scheme
Nashik Municipal Corporation's amnesty scheme recovers Rs 66 crore from 86,000 defaulters, boosting total property tax collection to Rs 208 crore. Officials confident of meeting Rs 275 crore annual target. Read more.
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.
Gold, Silver Start 2026 Strong, Extending 2025's Record Rally
Precious metals like gold and silver surge as 2026 begins, fueled by geopolitical tensions and expectations of US Fed rate cuts. Gold hits $4,372/oz, silver at $73.30/oz. Discover the driving forces.
Vodafone Idea Shares Rise Despite Rs 638 Crore Tax Order
Vodafone Idea's stock surged 3% for a second consecutive day, defying a fresh Rs 638 crore tax demand. Discover the details behind this market resilience and the telecom operator's legal stance.
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.
Indian Auto Sales Jump in December on Tax Cut Demand
India's leading automakers, including Maruti Suzuki and Mahindra, reported strong December sales growth fueled by government tax cuts. Read the full analysis of the auto industry's performance.
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.
Duke University slashes $299M spending after US funding cuts
Duke University implements major cost-cutting, including staff buyouts and building closures, to counter $299 million in reduced US federal funding for higher education. Learn how this impacts operations.
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
India's 2026 Consumption: Gradual Uptick, Not Galloping Growth
India Inc expects a gradual consumption pickup in 2026, fueled by GST cuts & monetary easing. However, executives warn of long-term risks from currency volatility and the need for income growth. Read the full analysis.
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.
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.
Silver Jumps 3.8% to $82.15, Gold Steady at $4,527.79
Silver prices surged above $80 an ounce, driven by supply constraints and industrial demand. Gold held near record highs amid Fed rate cut expectations. Get the full analysis.
8-hour power cuts cripple life in Kansal, Nayagaon
Residents of Kansal and Nayagaon face up to 8 hours of daily power cuts. PSPCL helplines go unanswered, disrupting lives of students, elderly, and businesses. Details inside.
Gold Soars Past $4,540, Silver Tops $74 in Safe-Haven Rally
Gold surged 1% to $4,541/oz and silver jumped over 4% to $74.90/oz as investors sought safety. US stocks traded mixed in thin volumes post-Christmas. Get full market insights.
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.
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.
Nifty Metal up 24% in 2025, but analysts see correction ahead
Nifty Metal index delivers over 24% returns in 2025, trailing only PSU Bank. Hindustan Copper leads with 55.6% surge. Analysts debate if the rally driven by Fed rate cuts and China demand can last. Read for expert views and technical outlook.
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.
Gold Prices Soar to Lifetime High in India and Globally
Gold prices surged to fresh records domestically and internationally driven by Fed rate cut hopes and geopolitical tensions. Check latest rates in your city.
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.
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