Ludhiana manufacturers face a working capital crisis due to prolonged GST refund delays exacerbated by a steep inverted duty structure. Industry demands an automated system for timely refunds to prevent business closures.
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.
Amazon begins automatic refunds for millions of Prime users after a historic $2.5 billion FTC settlement. Find out if you are eligible and how to claim your money back.
Ohio regulators order FirstEnergy to pay over $250 million in fines and refunds for its role in a massive statehouse bribery scandal. Learn how this landmark decision impacts consumers.
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.
Supreme Court postpones Sahara's plea to sell 88 assets, including Aamby Valley, to Adani Properties for investor refunds. Centre gets 6 weeks to respond amid undisclosed asset claims.
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!
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.
Major flight disruptions hit US airports as FAA implements 4% capacity reductions. Everything you need to know about affected airports, rebooking options, and refund policies.
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.
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.
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.
Major sportsbooks stun betting community with unprecedented refunds for Isaac Dulgarian vs Yadier Del Valle UFC fight, sparking match-fixing speculation and integrity concerns in mixed martial arts.
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.
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.
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.