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.
Income Tax officials conducted a rare weekend raid on areca nut traders in Nagpur, seizing ₹2.5 crore cash and scrutinizing gold jewelry. Multiple agencies may join the investigation.
Income tax department conducts large-scale searches in Indore against real estate and road construction entities. Officials scrutinize records for tax evasion and unaccounted transactions.
On January 14, 1986, the Supreme Court prevented power cuts to Shriram Foods. India expressed concern over Libya tensions. McDowell's faced tax evasion charges.
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.
A Central GST inspector is accused in a Rs 100 crore tax fraud involving fake firms and e-way bills in Ghaziabad. The STF has arrested four, with the inspector absconding. Read the full investigation details.
A Central GST inspector is accused of colluding in a Rs 100 crore tax evasion racket involving shell firms. The STF probe reveals deep corruption and more arrests are likely. Read the full investigation details.
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.
Two men from Delhi arrested for a massive GST fraud scheme involving fake firms and tax evasion of Rs 25 crore. Police recover phones, laptop, and documents. Read the full investigation details.
Sitapur police arrested 7 members of an inter-district gang for massive GST evasion. Raid recovered Rs 8 lakh cash, digital devices, forged documents. Read the full details.
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.
Anti-Corruption Bureau arrests PHED superintending engineer in Jhalawar for allegedly demanding an iPhone to clear bills. Cash, silver, property deeds seized. Read the full story.
CBI arrests CPRI Joint Director in Bengaluru for allegedly taking a Rs 9.5 lakh bribe to favour Sudhir Group. Case registered on Jan 8, 2026. Read the full investigation details.
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.
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.
CBI traps and arrests a mail overseer at Ramgarh post office, Jharkhand, for accepting a Rs 15,000 bribe for a GDS job. Read the full details of the anti-corruption operation.
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.
A municipal corporation clerk in Jalandhar was caught red-handed by the Vigilance Bureau for accepting a bribe of Rs 2,000. The arrest highlights the ongoing fight against corruption in Punjab. Read the full details.
ACB officials in Visakhapatnam arrested Mori John, a Mandal Education Officer, for taking a Rs 40,000 bribe to forward a retired teacher's pension file. Read the full details of the corruption case.
ACB traps college watchman accepting Rs 3 lakh bribe for a trustee to clear retired principal's dues. Trustee flees, probe ongoing. Read the full story.
India's income tax department warns Parliament about crypto's anonymity and tax evasion risks, joining RBI's opposition. Learn about the regulatory challenges.
SVU arrests two NBPCL employees for taking a Rs 5,000 bribe for an electricity connection in Muzaffarpur. One junior engineer escapes. Details on the raid and charges.
A VAO, village assistant & her husband arrested in Namakkal for demanding Rs 40,000 bribe from a farmer. DVAC used chemical notes in the trap. Read the full details.
Bareilly police crack a major GST fraud and hawala racket involving Rs 24 crore. Two key operatives arrested. Details on the sophisticated scam and ongoing investigation here.
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.