Advance Tax Rules: Exemptions, Deadlines for FY 2025-26
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.
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.
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.
Finance Minister Nirmala Sitharaman clarified in Lok Sabha that the tobacco levy is an excise duty, not a new cess. The move aims to keep cigarettes unaffordable and revenue will be shared with states.
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.
Finance Minister Nirmala Sitharaman introduces bills to impose excise duty on tobacco and a health cess on pan masala, ensuring high taxes after GST compensation ends. Read the details.
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.
Finance Minister Nirmala Sitharaman tables two key bills in Lok Sabha to impose excise duty on tobacco and a cess on pan masala, replacing the GST compensation cess. Get the full details.
The UAE has unveiled key tax amendments effective January 2026, simplifying refunds and boosting FTA powers. Learn what this means for businesses and taxpayers.
The government will table two key bills in Lok Sabha to impose excise duty on tobacco and a new cess on pan masala manufacturing. This move follows the end of the GST compensation cess. Read for details.
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!
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.
Qatar updates Hayya GCC Resident Visa, allowing 2-month stays and multiple entries from Nov 30, 2025. Perfect for FIFA Arab Cup fans and tourism boost. Explore Qatar now!
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!
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.
Three event planners arrested for transporting leftover wedding beer from Delhi to Greater Noida for illegal sale. Police recovered 504 cans worth over ₹65,000 in excise department raid.
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.
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.
Selling a property? Learn how Section 54EC bonds can help you save tax on long-term capital gains. Discover investment limits, lock-in period, and key conditions. Consult an advisor today!