California Wealth Tax Sparks Silicon Valley Exodus Fears
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.
Category : Search result: tax demand bribe
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?
Roorkee Doctor Caught Taking Bribe for Medical Report
A medical officer at Roorkee Civil Hospital was caught red-handed accepting a Rs 20,000 bribe. The vigilance department urges citizens to report corruption. Read more.
Teacher Sentenced to 4 Years in Jail for Accepting Bribe
A teacher in Barwani, Madhya Pradesh, was sentenced to four years of rigorous imprisonment for demanding a bribe for salary arrears. Read the full details of the Lokayukta trap and court verdict.
Bengaluru ACP Arrested for Rs 30,000 Bribe
A Bengaluru ACP was caught red-handed accepting a bribe of Rs 30,000 from a hotel manager. The officer had demanded Rs 50,000 for allowing late-night operations. Read the full details of the Lokayukta's anti-corruption operation.
CBI arrests MCD staff for Rs 2 lakh bribe in Delhi
CBI traps MCD assistant engineer & beldar for demanding Rs 2 lakh bribe for a building closure report in Shahdara. Case filed under Prevention of Corruption Act. Details inside.
Bihar VIB nabs revenue clerk, SI in separate bribery traps
Vigilance sleuths in Bihar arrested a revenue employee for a ₹1 lakh bribe in Patna and a sub-inspector for ₹40,000 in Siwan. Read the full details of the anti-corruption operations.
CBI Arrests GST Officer for Rs 20 Lakh Bribe in Tax Case
CBI arrests a CGST Superintendent in Maharashtra for allegedly demanding a Rs 20 lakh bribe to settle a fabricated Rs 98 lakh tax demand. Read the full details of the corruption case.
3rd National Indirect Tax Moot Court Competition Concludes
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.
Guide: Pay Property Tax Online, Avoid Queues & Scams
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.
Complete Guide to Mutual Fund Taxation in India
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.
5 Tax-Saving Strategies for Retirees in 2025
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.
UltraTech Cement to Contest Rs 782 Crore GST Demand Notice
UltraTech Cement receives a Rs 782.2 crore GST demand notice for 2018-2023 period. The company plans to legally challenge the order. Read the full details.
Corporate Tax Growth Hits 7.5%, Overtakes Personal Tax
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.
Retired VAO Jailed for 2000 Bribe in Trichy
A 73-year-old retired VAO in Trichy sentenced to 2 years in prison for demanding a ₹2000 bribe in 2007. The vigilance department's trap led to his conviction.
NRI Tax Guide: Gifting Money & Selling Property
Returned NRI wants to gift money from foreign account to daughter abroad. Also, an NRI selling Dubai property seeks clarity on TDS certificate. Expert explains tax implications.
Direct Tax Collection at ₹17 Trillion, Growth Slows to 8%
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?
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.
Direct Tax Collections Up 8%, Refunds Down 13.5%
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 Rolls Out New Property Tax System with Unique IDs
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.
VMC Pauses Coercive Action on Temples After Seers' Protest
Varanasi Municipal Corporation assures no coercive action against religious sites after seers protest integrated tax bills. Commissioner clarifies tax exemptions for charitable institutions.
Income Tax Dept: Recent Notices Are Advisory, Not Enforcement
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.
ICICI Bank Receives Rs 238 Crore GST Demand Notice
ICICI Bank faces a GST demand of Rs 238 crore from tax authorities for FY 2018-19. The bank plans to appeal the order. Get the full details here.
CID Inspector, Constable Remanded in Rs 30 Lakh Bribe Case
A Gandhinagar court sends a CID inspector and constable to police remand until Dec 19 after ACB arrest for allegedly accepting a Rs 30 lakh bribe. Read the full details.
Kanpur: 4 held for Rs 37.87 crore GST fraud using fake firms
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.
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.
Pune ACB nabs duo for Rs 8 crore bribe demand
Pune ACB arrests a government-appointed liquidator and a panel member for demanding an Rs 8 crore bribe from a housing society. First instalment of Rs 30 lakh seized. Read the full details.
ITAT Restores NRI Appeal After 621-Day Email Error
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.
2026 Tax Season: New OBBB Rules, Refund Dates, Tips
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.
Pune ACB nabs duo for Rs 8 crore bribe demand
Pune ACB arrests a govt-appointed liquidator & administrator for demanding an Rs 8 crore bribe from a co-op society member. Rs 30 lakh advance accepted, trap laid. Details inside.
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