AMC Tax Rebate Gets Strong Response, Rs 24 Cr Collected
Ahmedabad's property tax incentive scheme offers major interest relief. Over 24,000 taxpayers paid Rs 24+ crore in a week. Learn how to benefit before March 31.
Category : Search result: IndianAmerican tax contribution
Visakhapatnam's GVMC targets ₹600 crore property tax revenue
Greater Visakhapatnam Municipal Corporation collected ₹510 crore in property tax last fiscal. With new assessments and revised structures, it aims for ₹600 crore this year. Read how they plan to achieve it.
Why Corporate NPS is a smarter retirement bet now
Recent NPS changes enhance flexibility for retirement planning. Discover how corporate NPS offers superior tax benefits, especially under the new tax regime, and why you should maximise it if your employer offers it.
Mohali MC to seal tax defaulters' properties from Jan 7
Mohali Municipal Corporation begins sealing properties of chronic tax defaulters from January 7. Officials warn of strict action for unpaid dues. Read details.
Syracuse University injects $2B into local economy yearly
A new report reveals Syracuse University contributes nearly $2 billion to Central New York's economy, supporting over 14,000 jobs and driving research and construction. Discover the full economic impact.
145+ Nations Agree on Updated Global Minimum Tax Deal
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.
Retirement Tax Burden Grows for India's Salaried Employees
Recent tax amendments on PF, NPS, and superannuation funds create financial anxiety for India's middle class. Explore the impact and calls for reform.
Grok AI Defends Indian-Americans Amid Deportation Calls
AI Grok counters far-right deportation rhetoric with data: Indian-Americans contribute $300B in taxes, have low welfare use, and are key to US innovation. Read the full analysis.
How to Save Tax on Sale of Residential Property in India
Many Indians are unaware of capital gains tax on property sale. Learn about long-term vs short-term gains, tax rates, and two legal ways to save tax under Sections 54 and 54EC. Expert advice by Balwant Jain.
How AI is Reshaping Tax Scrutiny in India
Indian tax authorities deploy generative AI for faster compliance checks and fraud detection. Discover why human oversight remains crucial in this tech-driven shift.
Undertrial Prisoners Donate Food for Gavi Mutt Festival
In a heartwarming gesture, undertrial prisoners in Koppal district jail donated rice and flour by skipping breakfast for Gavi Mutt's Maha Rathotsav community feeding. Read how diverse groups are contributing to the dasoha.
Save Tax on Gold, Stock Gains with Section 54F
Learn how Section 54F of the Income Tax Act allows Indians to save on long-term capital gains tax by reinvesting in a residential property. Key conditions and timelines explained.
NMC collects Rs 66 crore from tax defaulters via amnesty scheme
Nashik Municipal Corporation's amnesty scheme recovers Rs 66 crore from 86,000 defaulters, boosting total property tax collection to Rs 208 crore. Officials confident of meeting Rs 275 crore annual target. Read more.
Student loan forgiveness to be taxed from 2026
Millions of US student loan borrowers may face large federal tax bills from 2026 as a key tax exemption expires. Learn about the impact and how to prepare.
Govt Debunks 85% Tax on ₹10 Lakh Bank Transactions
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.
Tax Regime Choice Impacts Your Tax Outgo Significantly
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 Overhaul: Predictability & Tech at Core
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 Real Estate Hits New Highs in 2025, Eyes 2026 Growth
India's real estate sector, contributing 8% to GDP, sees record office absorption & warehousing boom in 2025. Driven by digital shift & sustainability, 2026 outlook focuses on affordability & new asset classes. Read more.
2025 Tax Reforms: New Regime, Crypto Rules, GST Slabs
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.
Saudi Arabia's new sugar tax on beverages starts Jan 1
Saudi Arabia replaces its 50% flat tax with a four-tier excise duty based on sugar content from January 1, aiming to cut consumption. The UAE will implement a similar system in 2026. Read how this GCC health move affects prices.
Gurgaon MCG seals 7 properties for Rs 1.8 crore tax dues
MCG Gurgaon sealed seven properties for non-payment of Rs 1.8 crore in property tax. The drive, led by Zonal Taxation Officer Pankaj Kumar, resulted in a single-day collection of Rs 7 crore. Read more about the crackdown and the use of AI to boost revenue
Last Date for Revised ITR is Dec 31: Key Steps
Taxpayers can file revised ITR until Dec 31, 2025 for AY 2025-26. Learn how to check your refund status online and understand common reasons for processing delays.
IIT Kanpur alumni pledge record Rs 100 crore
IIT Kanpur's Class of 2000 pledges a historic Rs 100 crore during its Silver Jubilee reunion, marking the highest-ever batch alumni contribution in India. Discover how this gift will transform the institute.
IIT Roorkee 1975 alumni donate Rs 45 lakh at reunion
IIT Roorkee's 1975 alumni batch marked their Golden Jubilee with a Rs 45 lakh contribution for campus development, including electric carts and a proposed ultrasound machine, strengthening alumni-institute ties.
California Wealth Tax Sparks Silicon Valley Exodus Fears
Anduril's Palmer Luckey warns California's proposed 5% billionaire wealth tax could force asset sales and home seizures. Tech elite like Peter Thiel consider leaving. Read the full analysis.
NITI Aayog Wants to Decriminalise Income Tax Offences
NITI Aayog's new paper recommends decriminalising many income tax offences to shift from fear to trust-based compliance. Could this reform boost investment and ease business?
Lucknow's New Digital Property Tax System Boosts Transparency
Lucknow Municipal Corporation launches Property Tax Management System (PTMS) for transparent, digital assessment. Ends harassment, ensures accurate calculation. Learn how it affects you.
Brockman estate pays $750M in tax fraud settlement
The estate of Robert Brockman settles the biggest US individual tax fraud case, agreeing to pay $750 million in back taxes and penalties. Details on the $2 billion offshore empire revealed.
New Simplified Income Tax Act 2025 Takes Effect April 1
India's new Income Tax Act, 2025, replaces the 1961 law from April 1, aiming for a simplified tax regime. Read about the key changes and implications.
New Tax Regime: PPF Holds Ground, ELSS Loses Appeal
As India's new tax regime becomes the default, savers are ditching ELSS for PPF and index funds. Discover why tax-saving discipline is shifting and how to invest wisely.
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