ITR Refund Delay: CBDT Reveals Reason, December Release Expected
CBDT Chairman explains income tax refund delays for FY 2024-25 due to wrongful deduction analysis. Taxpayers can expect refunds by December. Check your ITR status now.
CBDT Chairman explains income tax refund delays for FY 2024-25 due to wrongful deduction analysis. Taxpayers can expect refunds by December. Check your ITR status now.
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.
Infosys announces ₹18,000 crore share buyback at ₹1,800 per share. Learn how new income tax rules effective April 2024 affect your returns. Expert analysis on who should participate.
India's new capital gains tax regime shifts real estate investment from long-term holding to active strategy. Learn how the end of indexation impacts your property wealth.
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.
Understand how capital gains tax applies to mutual funds in India. Learn about tax rates for equity and debt funds based on holding period. Plan your investments wisely!
India's finance ministry modernizes Capital Gains Account Scheme with digital deposits, SEZ benefits, and mandatory e-closure starting 2027. Simplified compliance for taxpayers and NRIs.
Thousands of Indian taxpayers await income tax refunds past Sept 2025 deadline. CBDT Chairman reveals enhanced scrutiny of deductions. Learn about interest claims and resolution steps.
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.
India intensifies its call for UN Security Council reform, demanding expansion of both permanent and non-permanent members to reflect contemporary global realities. Read more about this diplomatic push.
Delhi GST authorities uncover massive ₹645 crore fake input tax credit scheme, arrest key operator. Learn how the sophisticated fraud was detected and prevented.
India's new tax rule makes share buybacks fully taxable for shareholders. Experts warn it could reduce payouts and hurt market confidence. Learn about the global context and potential solutions.
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!
India's net direct tax collection surges 7% to over ₹12.9 trillion for the current fiscal year, while refunds see a significant 17.7% decline. Get the full details on this economic boost.
Essential guide to advance tax compliance under new regime covering bank interest, capital gains, and TDS rules. Avoid penalties with expert insights.
Bollywood icon Aishwarya Rai Bachchan emerges victorious in a significant tax dispute involving foreign income and expense claims. Get the exclusive details about this landmark case.
Planning to gift stocks or mutual funds this festive season? Discover the hidden income tax implications and capital gains rules you must know to avoid costly mistakes.
Migos rapper Offset faces massive financial turmoil as federal and state authorities slap him with $2.3 million in tax liens while his divorce from Cardi B continues, creating perfect storm of legal and money troubles.
Discover how bank FDs and equity mutual funds stack up against each other for tax-saving in India. Expert analysis on which investment works better under the new versus old tax regimes.
Unlock the secrets of India's share buyback tax regime. Learn how it impacts investors and companies, tax implications, and strategic considerations for maximum returns.
Income Tax Department issues final warning: PAN cards without Aadhaar linkage will become inactive from January 1, 2026. Learn the simple steps to complete this mandatory process and protect your financial transactions.
Explore the heated global debate on wealth taxes for ultra-rich individuals. Discover why economists are divided and what this means for economic equality in India and worldwide.
Human rights lawyer Maheen Sultan fights to abolish Pakistan's controversial 10-18% sales tax on menstrual products, calling it discriminatory against women's health and dignity.
Nithin Kamath explains why India's unique tax advantages are creating unprecedented IPO momentum and transforming the investment landscape for retail investors.
Maruti Suzuki witnesses unprecedented growth in small car segment as GST reduction makes vehicles more affordable for millions of Indians. Discover how tax reforms are reshaping the automotive landscape.
Planning to deposit a big cash amount? The Income Tax Department is watching. Learn how high-value transactions trigger red flags and discover smart strategies to avoid unwanted tax notices and penalties.
Union Bank of India's latest report highlights significant challenges in meeting FY26 fiscal targets due to weakening tax collections, raising concerns about India's economic trajectory and government spending capacity.
FMCG giant Hindustan Unilever receives substantial tax demand from income tax authorities over royalty payments and other deductions. Learn about the breakdown and company's response.