Despite GST rate reductions, India's apparel and footwear sectors saw disappointing festive sales due to weak consumer spending, erratic weather, and tax transition issues. Learn why the expected consumption boost didn't materialize.
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.
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.
State Bank of India upgrades credit growth outlook as tax relief and potential rate cuts create perfect storm for consumer spending explosion. Get exclusive insights.
India's economy is poised for explosive growth as strategic tax reductions fuel unprecedented consumer spending. Discover how this fiscal stimulus could propel GDP growth to 8% and transform the economic landscape.
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.
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.
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.
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.