Narasaraopet MP Lavu Sri Krishna Devarayalu assures tobacco farmers he will take their GST hike grievances to the Centre, seeking relief to protect livelihoods in Guntur's Vinukonda belt. Read more.
The new Simplified Income Tax Act, 2025, comes into force on April 1, 2026, replacing the old assessment year system with a single 'tax year'. Learn how this major tax reform simplifies compliance for Indian taxpayers.
The new Income Tax Act 2025 comes into force on April 1, 2025. Understand the key changes in tax slabs, deductions, and compliance for the upcoming financial year.
The Income Tax Act, 2025, replaces the 64-year-old law from April 1. It simplifies rules, reduces litigation, and incorporates Budget 2026-27 changes. Read the full explainer.
India's income tax department launches a 'Nudge' campaign to boost honest reporting as direct tax growth slows to 8%. Learn about the new compliance focus and collection targets.
Chandigarh Municipal Corporation intensifies property tax recovery, targeting residential & commercial defaulters. Officials aim to maximise revenue before fiscal year-end in March.
Gurgaon's MCG accelerates property tax recovery, collecting Rs 30 crore in 1.5 months and sealing 55 properties. The civic body now targets illegal commercial activities in residential areas to boost revenue for city development.
Prayagraj Municipal Corporation identifies 40,000 properties with 3-year tax dues. Notices issued; failure to pay may lead to property attachment, water cut. Act now to avoid penalties.
The Municipal Corporation of Gurugram has successfully recovered ₹295 crore in outstanding property tax from defaulters in 2025 through a special recovery drive. Discover how the civic body is boosting its revenue.
More than 145 countries have solidified a revised global minimum tax agreement, incorporating US concerns. This landmark deal aims to curb corporate tax avoidance worldwide. Read the full details here.
Indian tax authorities deploy generative AI for faster compliance checks and fraud detection. Discover why human oversight remains crucial in this tech-driven shift.
A sharp increase in excise duty on cigarettes, effective Feb 1, 2026, may trigger a surge in illicit trade and cause revenue losses, experts caution. Read more.
Cigarettes to cost more as new excise duty and 40% GST kick in from February 1. Check the new price slabs and tax changes for all tobacco products.
Thousands of tobacco farmers in Andhra Pradesh protest against the Centre's steep tax increase, warning it will destroy livelihoods and boost illegal smuggling. FAIFA demands a rollback.
Andhra Pradesh's net GST revenue surged to a record ₹2,652 crore in December 2025, marking 5.78% growth despite major tax reductions. Discover how the state outpaced the national average.
Thousands of tobacco farmers protest in Andhra Pradesh & Karnataka against a steep GST hike, warning it will crush livelihoods and boost illegal smuggling. FAIFA demands a rollback to revenue-neutral rates.
ITC shares tumble over 13% as a steep hike in cigarette taxes threatens volumes and profits. Analysts slash earnings forecasts and downgrade the stock. Read more.
Cigarettes to get costlier as the Centre imposes additional excise duty from February 1. Find out how much more you'll pay for brands like Marlboro, Gold Flake, and others.
Cigarette stocks like ITC crashed after govt notified new tax structure from Feb 1, replacing GST cess with higher excise. Analysts warn of 15-20% price hikes impacting sales. Full details inside.
The GST Council has approved new tax rates for tobacco, pan masala, and other items from February 1. Learn about the revised compensation cess and its impact on prices.
Cigarette prices in India are expected to surge by up to 20% from February 1, 2025, following a significant increase in the National Calamity Contingent Duty. This move will impact major tobacco companies and consumers nationwide.
GST authorities revise penalties for Akzo Nobel India. Karnataka slashes demand to ₹41.56 lakh, while Telangana hikes it to ₹44.98 lakh. Stock market investors eye shares.
Vodafone Idea receives a massive GST penalty order of Rs 638 crore from the Directorate General of GST Intelligence. The telecom giant plans to appeal. Details inside.
PIB Fact Check refutes viral social media claim of an 85% tax on transactions over ₹10 lakh. No such tax exists. Read details on the new Income Tax Act 2025 and its simplified rules.
India's GST collections for December 2024 show robust growth, reaching Rs 1.75 lakh crore. This marks a 6.1% year-on-year increase, highlighting strong economic activity. Read the full analysis.
India's GST collections surged to Rs 1.75 lakh crore in December 2025, a 6.1% yearly rise. The April-December FY26 period saw 8.6% growth. Discover how recent tax reforms are driving this record revenue.
India's GST collections surged to ₹1.74 lakh crore in December 2025, marking a 6.1% year-on-year growth, as reported by PTI. Explore the key details and economic implications here.
With the new tax regime as default, choosing wrongly can lead to higher tax payments. Experts explain key factors like HRA, deductions, and documentation to consider for optimal tax planning in India.
India's 2026 tax landscape is set for a major shift towards predictability and technology. Explore the key reforms in Income Tax, GST 2.0, and dispute resolution that aim to build taxpayer trust.
India's 2025 tax reforms reshaped personal income tax, GST, and crypto rules. Explore key changes in slabs, compliance, and the new Income-tax Act 2025. Read more.