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?
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?
Confused about Karnataka's rent deposit laws? We clarify the legal stance on 2-month security deposits for tenants and landlords. Know your rights under the Model Tenancy Act.
Confused about the 2-month rent deposit rule in Bengaluru? Legal experts decode the Karnataka Rent Act, security deposit limits, and tenant rights. Know your legal obligations!
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.
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.
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.
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.
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.
Still waiting for your ITR refund? Learn why delays happen, when you won't get 6% interest, and how to check your refund status online. Essential guide for Indian taxpayers.
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.
Varanasi Municipal Corporation assures no coercive action against religious sites after seers protest integrated tax bills. Commissioner clarifies tax exemptions for charitable institutions.
HDFC Bank reduces fixed deposit interest rates for select tenures, effective 17 December 2025. Check the new FD rates for general and senior citizen investors here.
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.
The RBI cut the repo rate by 25 bps to 5.25%, its fourth reduction in 2024. This move signals another round of FD rate cuts. Learn how to protect your savings and lock in higher returns before banks act.
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.
Compare top FD interest rates from leading NBFCs like Muthoot Capital (9.10%), Shriram Finance, and Bajaj Finance. Find the best returns for your investment tenure. Make an informed choice today!
Top Chinese banks, including ICBC and AgBank, have removed high-interest 5-year certificates of deposit to cut costs. This move aims to ease pressure on record-low profit margins as lenders support the economy. Learn the implications for savers and the ba
PSU bank chiefs warn RBI of a 70-bps margin squeeze as loans reprice instantly with repo rate cuts, but deposit rates lag. Key asymmetry threatens profitability.
Gujarat High Court questions SBI, PNB & AMCo Bank for withholding widow's joint FD savings. Dispute arises from her late husband's alleged will to another woman. Read the full story.
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.
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.