Net Direct Tax Collection Grows 8% to Rs 17.04 Lakh Crore
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 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.
Lucknow Municipal Corporation introduces a new Property Tax Management System (PTMS) with unique 16-digit IDs for all properties. Aimed at boosting transparency and compliance, it links to the Smart City Command Centre. Read more.
Varanasi Municipal Corporation assures no coercive action against religious sites after seers protest integrated tax bills. Commissioner clarifies tax exemptions for charitable institutions.
The Income Tax Department clarifies recent taxpayer communications are for voluntary compliance. Review your AIS and respond via the Compliance Portal by Dec 31, 2025, if needed.
Odisha government commits to implementing Supreme Court's Advance Medical Directives. High Court hears PIL on delay. Committee formed, draft resolution in final stages. Read details.
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.
Third advance tax instalment for FY 2025-26 due 15 Dec. Missing it attracts interest under Section 234C. Know calculation, exemptions for seniors, and how to pay by March.
Ahmedabad ITAT restores an NRI's tax appeal despite a 621-day delay, citing notices sent to a wrong email address. The ruling highlights the need for accuracy in the faceless appeals process. Read more.
Get ready for the 2026 tax season with major changes under the One, Big, Beautiful Bill. Learn about new deductions, refund timelines, and how to file early for faster returns. Essential reading for all taxpayers.
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.
Vedanta moves Delhi High Court against tax department's ₹1,308 crore GAAR claim over Mauritius holding structure. Court halts coercive action until Dec 18 hearing. Read the full details.
Ranveer Singh's 'Dhurandhar' hits theatres. Early shows collect ~Rs 66 lakh. Advance bookings reach ~Rs 14 cr. Can word-of-mouth drive it to success?
Mammootty's action drama Kalamkaval releases Dec 5 with massive Rs 2.03 crore advance. The actor embraces a bold villain role, hinting at a houseful weekend.
Ranveer Singh's 'Dhurandhar' set for Dec 5 release. Advance bookings strong, film poised for Rs 15-20 crore opening day, potentially his biggest post-pandemic opener. Details inside.
New Jersey's ANCHOR program offers tax relief up to $1,500 for homeowners and $450 for renters. Learn eligibility, payment dates, and how it aids families amid inflation.
Ranveer Singh's spy thriller Dhurandhar faces soft advance bookings, eyeing a ₹15-18 crore opening. The film blends real events like the IC-814 hijack in a high-stakes mission. Read more.
Russian forces capture Chervonoye village in Ukraine's Zaporizhzhia region, claiming control of over 12 sq km. Details on the advance and Ukraine's reported losses inside.
Mammootty's 'Kalamkaval' advance booking crosses Rs 2.31 crore globally. The suspense drama, featuring the megastar as an antagonist, releases December 5. Read more.
Advance booking begins for Ranveer Singh's first 'A' rated film in over 15 years, one of Bollywood's longest. Get the details on this major release.
Ranveer Singh's Dhurandhar sees strong advance booking with over 38,000 tickets sold. CBFC clears film of Major Mohit Sharma link, grants 'A' certificate. Details inside.
Ranveer Singh's action-packed film 'Dhurandhar' is off to a phenomenal start, selling tickets worth Rs 1.4 crore in just hours. The A-rated film releases December 5. Read for full box office details.
A complete guide to Indian tax laws on wedding gifts, clubbing of spouse & minor's income, and alimony taxation. Learn key exemptions and avoid penalties.
The 15 December advance tax deadline is approaching. Learn who must pay, the instalment schedule, and the interest penalty for missing the due date. Act now to avoid fines.
Indian courts are pushing back against tax investigations relying solely on WhatsApp chats. Recent ITAT rulings mandate independent proof like documents or cash trails for digital evidence to be valid. Read the full analysis.
Directly paying one credit card bill with another is banned in India. Discover the two legitimate, yet cautious, methods like balance transfers that banks allow for debt management.
Ghaziabad Municipal Corporation extends the 20% property tax rebate deadline to December 31. After that, rebates will reduce in phases. Over 5.5 lakh taxpayers in the city are affected.
A Kanpur couple faces criminal breach of trust charges for allegedly backing out of a property deal after taking a Rs 1.10 crore advance from their neighbour. Read the full details of the real estate dispute.
Ranveer Singh's 'Dhurandhar' garners over ₹2 crore in advance sales ahead of its December 5 release, despite a legal controversy. Delhi leads state-wise collections. Details inside.