Missed 15 Dec Advance Tax? Know Penalty & Rules
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.
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.
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.
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.
An NRI in Dubai asks if gifting unlisted company shares to his father in India attracts tax. A CA explains the capital gains and DTAA implications for NRIs. Read for expert advice.
The UAE has unveiled key tax amendments effective January 2026, simplifying refunds and boosting FTA powers. Learn what this means for businesses and taxpayers.
Learn how to easily view and download your Form 26AS from the Income Tax portal. This essential document helps verify all your tax deductions and payments. Follow our simple guide now!
Sebi's new rule allows easy gifting of mutual fund units, enabling massive tax savings for families. Learn how to transfer units without triggering capital gains tax.
UAE introduces major tax procedure reforms from January 2026, including 5-year refund claims, expanded FTA powers, and R&D tax credits. Learn how these changes impact businesses.
Bengaluru's Mantri Mall clears Rs 6.5 crore property tax but still owes Rs 30 crore to BBMP. The mall has faced multiple sealings for non-payment. Read the latest updates.
Patna Municipal Corporation announces a full waiver on interest and penalties for property tax defaulters. Pay only the principal amount by March 31, 2026. Clear your dues now!
Aggressive hybrid mutual funds surge to ₹2.5 lakh crore AUM with 13% growth. Discover how these balanced funds deliver 17%+ returns amid market volatility. Expert insights reveal top performers.
Income Tax department uncovers massive tax evasion network in Hyderabad's biryani industry. Rs 600 crore unaccounted income detected across Pista House, Shah Ghouse, and Mehfil chains.
UK Chancellor Rachel Reeves unveils £26 billion tax plan freezing brackets and hiking wealth taxes. Learn how this impacts millions of families and the economic outlook.
Waiting for your income tax refund? Learn when you'll receive it and follow our step-by-step guide to check your refund status online. Get your money faster with these simple methods.
Popular YouTuber Cody WhistlinDiesel reveals arrest for $30,000 Ferrari F8 sales tax evasion. The car was destroyed in 2023 but tax issues persisted. Read shocking details.
Greater Bengaluru Authority launches aggressive tax recovery drive to address ₹3,100 crore shortfall. Chief Commissioner orders immediate action against top defaulters. Read full details.
Indian-origin billionaire Lakshmi Mittal relocates from UK to Dubai as Labour government plans tax reforms targeting ultra-wealthy. Read about the inheritance tax concerns driving this exodus.
Discover why Bajaj Finserv BFSI Fund offers compelling investment opportunity with strong fundamentals and attractive valuations in banking sector.
CBDT Chairman Ravi Agrawal announced the new Income Tax Act 2025 forms will be notified by Jan 2026, giving taxpayers ample preparation time before the April 1 implementation.
Learn how interest and dividends from inherited fixed deposits and shares are taxed during legal transfer delays. Essential tax compliance guide for legal heirs in India.
Discover how Bajaj Finserv Banking and Financial Services Fund offers diversified exposure to India's growing BFSI sector. Learn about its investment strategy and benefits.
PPFAS AMC, known for its successful flexi-cap fund, enters the competitive large-cap space with Parag Parikh Large Cap Fund. Will their valuation-conscious approach work?