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.
Kerala Excise arrests a father-son duo in Thiruvananthapuram, seizing 100kg of banned tobacco products meant for wholesale distribution. Read about the special festive season crackdown.
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.
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.
A PGIMER study reveals oral bacteria adapt to break down nicotine, potentially lowering dependence. This finding could lead to new microbiome-based cessation strategies for India's smokeless tobacco challenge.
Gujarat government imposes a complete ban on the sale and storage of rolling papers and cones, citing severe health risks and youth drug abuse. Violators to face legal action under BNS.
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.
Chandigarh shines with just 13.7% adult tobacco users, among India's top 5 lowest. National rate is 28.6%. Data reveals a promising decline in youth tobacco consumption nationwide.
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.
Lok Sabha passes bill imposing a 25% National Security and Health Cess on pan masala and tobacco. The move aims to curb consumption and fund public health initiatives. Read the full details.
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.
FM Nirmala Sitharaman explains new Health & National Security Cess to replace GST compensation levy. Bill aims to stop tax evasion on pan masala, secure funds for public health and defence. Read more.
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.
Jalandhar's Mass Media Wing launches a major campaign to create tobacco-free youth. Learn about the awareness drive, health risks, and community action.
The Indian Parliament has approved a bill to impose excise duty on tobacco. Finance Minister Nirmala Sitharaman addressed the Rajya Sabha, detailing the legislation's aspects and responding to queries. Read the full story.
Parliament has approved the Central Excise Amendment Bill, 2025, raising excise duty on tobacco products. The move aims to boost revenue and curb consumption. Read the full details and implications here.
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.
Lok Sabha MPs shared personal battles to quit tobacco during a debate on the Central Excise (Amendment) Bill, 2025, which proposes a new tax structure on tobacco products.
The Lok Sabha has passed a crucial bill to amend excise duty rates on tobacco and its products. This legislative move aims to update the Central Excise Act, 1944. Read for details and implications.
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.