Direct Tax Collection Up 7%, Refunds Down 17.7%
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.
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.
In a landmark judgment, the Bombay High Court uncovers fabricated AI-generated legal precedents used to justify massive tax demands, raising serious questions about technology's role in legal proceedings.
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.
Supreme Court grants Vodafone Idea crucial relief in ₹20,000 crore transfer pricing case, offering hope for the struggling telecom giant's financial recovery.
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.
In a dramatic policy shift, China eliminates gold tax incentives, triggering major sell-off and reshaping global bullion market dynamics. Expert analysis inside.
A senior income tax official in Jaipur faces CBI investigation after discovery of disproportionate assets worth ₹4 crore, including luxury vehicles and properties beyond known income sources.
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.
India's upcoming GST reforms in 2025 promise simplified tax slabs, reduced compliance burden, and significant impact on temporary staffing, manpower services, and retail sectors. Discover what changes await businesses.
Diversified conglomerate Aryan Anna Group makes strategic entry into entertainment sector with AN Productions, promising fresh content and innovative storytelling approaches for Indian audiences.
A taxpayer's victory over Income Tax Department reveals crucial rules about cash deposits and presumptive taxation. Learn how proper documentation saved him from unnecessary tax liability.
MCG initiates aggressive property tax recovery campaign in Gurugram, targeting thousands of defaulters with attachment proceedings and legal action. Commercial establishments face special scrutiny.
The UAE government has finalized its excise tax structure for sweetened beverages, imposing 50% tax on sugary drinks while giving artificial sweeteners a free pass. Learn how this health-focused tax policy will impact consumers and the beverage industry.
Get crucial updates on the extended ITR filing deadline for FY 2024-25. CBDT official notification provides relief for corporate taxpayers and audited cases until December 10, 2025.
BMC extends property tax payment deadline in Mumbai, offering relief to thousands of defaulters while preparing to auction properties for recovery of outstanding dues.
CBDT grants crucial extension for companies and entities requiring tax audit reports. New deadline December 10 provides relief for businesses navigating complex filing requirements.
CBDT extends tax audit filing deadline to December 10, 2024. Get crucial details about Form 3CE/3CB, who qualifies, and how this extension benefits businesses and tax professionals across India.
In a major relief for taxpayers, the Income Tax Department extends ITR filing deadline for audit cases to December 10 following court directives. Get all details about the extension and what it means for you.
New US legislation proposes eliminating FICA tax exemptions for OPT students, potentially increasing financial burden for Indian students in America. Learn how this could impact your study abroad plans.