NRI Gifting Shares to Father: No Tax in India
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.
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.
The UAE has unveiled key tax amendments effective January 2026, simplifying refunds and boosting FTA powers. Learn what this means for businesses and taxpayers.
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.
Tamil Nadu Motor Transport Federation urges withdrawal of increased vehicle fitness certificate fees by central government, citing burden on struggling motor industry.
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.
Israel increases VAT exemption threshold for personal imports from $75 to $500 starting July 1. Major relief for international shoppers and Israeli consumers.
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 young students killed in Uluberia as investigation reveals pool car operated without fitness certificate, defective brakes. Authorities launch safety drive.
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.
Supreme Court agrees to examine plea challenging income tax exemption for political parties receiving anonymous cash donations below Rs 2,000, seeking transparency in political funding.
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.
Odisha's one-time settlement scheme for traffic e-challans recovers just Rs 21.49 crore against Rs 1,597 crore pending dues. Scheme offers 50% waiver till March 2026. Learn how to avail benefits.
Afghanistan announces 5-year tax exemption for Indian investors in gold mining & new sectors. Trade tensions with Pakistan creating hurdles, says official. Explore investment opportunities now!
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.
MG Windsor EV achieves 50,000 sales milestone in just over a year, becoming India's fastest-selling electric vehicle. Discover how Battery-as-a-Service revolutionized EV adoption.
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.
Bombay High Court refuses urgent interim relief to same-sex couple challenging Income Tax Act's spouse definition. Hearing postponed to December. #LGBTQrights #TaxLaw
Ludhiana police begins a special challan drive against illegally modified vehicles like cars and bikes with LED lights, big tyres, and altered silencers. Know the details and penalties under the Motor Vehicles Act.
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.
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.
The Indian government plans to amend the 44-year-old Vehicles Act to create standardized penalties across states, replacing the current patchwork of fines with a unified national system.
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.