Greater Visakhapatnam Municipal Corporation collected ₹510 crore in property tax last fiscal. With new assessments and revised structures, it aims for ₹600 crore this year. Read how they plan to achieve it.
Mohali Municipal Corporation begins sealing properties of chronic tax defaulters from January 7. Officials warn of strict action for unpaid dues. Read details.
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.
Many Indians are unaware of capital gains tax on property sale. Learn about long-term vs short-term gains, tax rates, and two legal ways to save tax under Sections 54 and 54EC. Expert advice by Balwant Jain.
Indian tax authorities deploy generative AI for faster compliance checks and fraud detection. Discover why human oversight remains crucial in this tech-driven shift.
The US military operation capturing Venezuelan President Nicolas Maduro marks a brazen breach of sovereignty, raising global concerns about unilateral regime change and its aftermath. Read the analysis.
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.
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.
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.
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.
Plan your 2026 finances with this essential calendar. Key dates for tax filing, PPF investments, advance tax, and new banking rules to save money and avoid penalties.
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.
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.
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
Axis Pension Fund CEO calls for a Rs 50,000 tax deduction for NPS under Section 80C to revive the scheme's appeal under the new tax regime. Key demands ahead of the Union Budget.
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.
From new tax regime to labour codes and NPS flexibility, key 2025 reforms reshape India's personal finance landscape. Plan your 2026 strategy with our guide.
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'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 Municipal Corporation launches Property Tax Management System (PTMS) for transparent, digital assessment. Ends harassment, ensures accurate calculation. Learn how it affects you.
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.
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.
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.
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.
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.
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.
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.