Indigo to Contest Rs 458 Crore GST Penalty Order
IndiGo faces a massive Rs 458 crore GST penalty from authorities. The airline vows to contest the order, claiming compliance with all regulations. Read the full details.
IndiGo faces a massive Rs 458 crore GST penalty from authorities. The airline vows to contest the order, claiming compliance with all regulations. Read the full details.
IndiGo faces a massive Rs 458 crore GST demand and penalty. The airline calls the order 'erroneous' and vows to contest it legally. Full details inside.
PM Modi says India's next-gen reforms in GST, taxation, and FDI are accelerating growth, earning global confidence. He highlights a trust-based system for a Viksit Bharat.
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?
Punjab's tax department imposes a penalty of over Rs 13 lakh on IndiGo for GST-related discrepancies for FY 2021-22. Details on the penalty and airline's response inside.
The Central government has opposed a plea to reduce GST on air purifiers, arguing it's a 'calculated' move. The Delhi High Court will hear the matter next in February 2026.
BJP Punjab general secretary Anil Sarin alleges AAP government created an atmosphere of fear and loot in Punjab under GST. Claims of 16% revenue rise are deceptive, he says. Read the full details.
Delhi High Court directs GST Council to urgently reconsider 18% tax on air purifiers, calling them a necessity in the city's severe pollution emergency. Read the full story.
Delhi High Court directs GST Council to urgently consider lowering GST on air purifiers from 18% to 5%, highlighting severe health risks from breathing polluted air 21,000 times a day.
The 3rd National Indirect Tax Moot Court Competition 2024, organized by the Chamber of Tax Consultants, concluded successfully in Delhi. The event aimed to hone the skills of future indirect tax professionals. Read more about the winners and key insights.
A new report highlights how the GST 2.0 reforms were pivotal in driving domestic consumption and economic expansion in 2025. Discover the key findings and future roadmap.
Struggling with property tax payments? Learn how to verify dues, download receipts, and pay online via official municipal portals. Save time and avoid penalties with our simple guide.
Nagpur police book three for allegedly defrauding govt of ₹25 lakh via fraudulent GST input tax credit claims using fake documents. Details of the case under BNS & MGST Act inside.
Learn how equity, debt & hybrid mutual funds are taxed. Optimise your post-tax returns with this detailed guide on capital gains tax, holding periods, and tax-saving strategies.
Learn how to verify a GSTIN in India to prevent fraudulent payments and loss of Input Tax Credit. Follow our simple guide using official government portals.
Thane police register a case against four individuals for allegedly creating eight fake GST firms and fraudulently claiming over Rs 22 crore in input tax credit. No arrests made yet. Details inside.
Discover five proven strategies to legally lower your tax bill in retirement. Learn about Roth conversions, Social Security taxation, and new deductions for seniors in 2025.
Tax professionals in Madhya Pradesh seek a 3-month extension for GSTR-9 & 9C filing for FY 2024-25, citing late form release and technical glitches. Read why they argue it's crucial for compliance.
India's corporate tax collections grew 7.5% to Rs 9.94 lakh crore by mid-December, surpassing personal income tax growth. Net direct tax kitty crosses Rs 17 lakh crore. Read the full analysis.
India's net direct tax revenue rose 8% to ₹17 trillion in April-December, missing the 13% target. Personal income tax growth slowed due to new slab rates. Can the government meet its full-year goal?
India's net direct tax collection for FY25 grows 8% to Rs 17.04 lakh crore. Gross collections surge 24% to Rs 19.45 lakh crore, while refunds slow. Read the full analysis.
India's net direct tax collections grew 8% to Rs 17.05 lakh crore till Dec 17, boosted by a sharp 13.5% fall in refunds. Advance tax up 4.27%. Read the full analysis.
Varanasi Municipal Corporation assures no coercive action against religious sites after seers protest integrated tax bills. Commissioner clarifies tax exemptions for charitable institutions.
Starting April 2025, term insurance premiums will be GST-free. Learn how this tax change impacts your financial planning and boosts insurance affordability in India.
Kanpur police and tax officials bust a gang that created fake companies to evade GST worth Rs 37.87 crore. Four arrested, laptops and phones seized. Read the full investigation details.
Government uncovers 489 bogus GST registrations using forged IDs, evading Rs 3,000 crore. Data analytics drive intensifies against tax fraud networks. Read the full report.
Government detects 489 fake GST registrations using forged PAN & Aadhaar, leading to ₹3,000+ crore tax evasion. Learn about the crackdown and new safety measures.
India's tax revenues soared 30% in the first half of FY25, yet government expenditure grew faster, widening the fiscal deficit. Explore the details and implications for the economy.
Understand India's advance tax rules for FY 2025-26. Know payment deadlines, key exemptions for senior citizens & salaried, and how to avoid penal interest. Plan your taxes now.