Capital Gains Compliance Gets Digital Reset in India
India's finance ministry modernizes Capital Gains Account Scheme with digital deposits, SEZ benefits, and mandatory e-closure starting 2027. Simplified compliance for taxpayers and NRIs.
India's finance ministry modernizes Capital Gains Account Scheme with digital deposits, SEZ benefits, and mandatory e-closure starting 2027. Simplified compliance for taxpayers and NRIs.
Assam's Sonitpur district issues first orders under 1950 Immigrants Act, directing 5 declared foreigners to leave India within 24 hours. Police confirm they are absconding.
Income Tax refunds filed by Sept 16 are eligible for 0.5% monthly interest. Learn how to check your refund status online and the top reasons for delays. Act now to resolve issues.
Discover why buying under-construction properties reduces your home loan tax advantages. Learn how delayed possession impacts interest deductions under Section 24(b) and limits your savings.
CBDT Chairman Nitin Gupta announces new income tax rules under Section 145A and updated ITR forms to be notified by January 2025. Learn how these changes affect taxpayers.
Income Tax Department investigates Waaree Energies offices. Company reports strong Q2 results with 130% profit jump. Stock performance analysis included.
Ranchi Municipal Corporation gives 100 property tax defaulters 7-day ultimatum to clear dues from 2016-2025 or face suspension of civic services like waste collection and water supply.
Thousands of Indian taxpayers await income tax refunds past Sept 2025 deadline. CBDT Chairman reveals enhanced scrutiny of deductions. Learn about interest claims and resolution steps.
As 2025 ends, learn key investment lessons for 2026. From discipline to gold's rally, maximize your portfolio. Reassess your financial goals now!
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 businesses can comply with India's Digital Personal Data Protection Act using a simple 3-step audit process before the 18-month grace period ends.
Jannik Sinner earned $19.1 million in 2025 prize money after winning ATP Finals against Carlos Alcaraz. Discover tax implications and career earnings comparison.
Karnataka's record per capita income growth from welfare schemes could reduce its tax devolution share under the 16th Finance Commission, repeating the Rs 80,000 crore loss experienced earlier.
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.
Madhya Pradesh CM Mohan Yadav announces 15% hike in tribal welfare budget to Rs 47,296 crore on Tribal Pride Day. Tendu leaf collectors get 33% pay raise, Forest Rights Act settlements cross 3 lakh claims.
TrackAse introduces AI-enabled GST litigation management platform to streamline tax dispute resolution. Transform how businesses handle GST compliance efficiently.
Allahabad High Court grants bail to businessman Dhiraj Nath Gupta accused in a Rs 32 crore GST fraud case. The court noted the trial would take considerable time. Read for details.
Bombay High Court refuses urgent interim relief to same-sex couple challenging Income Tax Act's spouse definition. Hearing postponed to December. #LGBTQrights #TaxLaw
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 first household income survey in decades faces data reliability issues but promises crucial insights into inequality. Learn why it won't solve poverty measurement debates.
Discover how to file revised income tax return for FY 2023-24 until December 31, 2025. Learn about Section 139(5), common errors, and difference between revised and updated returns.
Sold a property in March 2024? Learn the tax implications if you don't buy a new house. Will the new 12.5% LTCG rate apply or the old 20%? Get expert insights.
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.
Facing an Income Tax notice after buying property? Learn why scrutiny is increasing, how to respond effectively, and expert tips to avoid penalties. Act now for financial peace.
Rajasthan government removes two-child disqualification rule for local body elections after three decades. Minister Jabbar Singh Kharra explains why public representatives deserve equal treatment.
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.
Karnataka Minister Priyank Kharge alleges RSS refused registration to avoid tax scrutiny. Bhagwat's 'guru dakshina' claims challenged. Read full analysis.
US President Donald Trump confirms $2,000 payments to low and middle income citizens from tariff income. Remaining funds to reduce $37 trillion national debt. Details here!
Essential guide to advance tax compliance under new regime covering bank interest, capital gains, and TDS rules. Avoid penalties with expert insights.