Delhi Police arrests 5 men, including a govt servant, for staging a fake police & Income Tax raid and stealing over 1 kg gold from a Karol Bagh jewellery workshop. Read the full investigation details.
Ahmedabad ITAT restores an NRI's tax appeal despite a 621-day delay, citing notices sent to a wrong email address. The ruling highlights the need for accuracy in the faceless appeals process. Read more.
Get ready for the 2026 tax season with major changes under the One, Big, Beautiful Bill. Learn about new deductions, refund timelines, and how to file early for faster returns. Essential reading for all taxpayers.
India's tax revenues soared 30% in the first half of FY25, yet government expenditure grew faster, widening the fiscal deficit. Explore the details and implications for the economy.
Finance Minister Nirmala Sitharaman announces customs simplification as the next major reform, following GST and income tax rationalisation to boost consumption and put cash in common man's hands.
Understand India's advance tax rules for FY 2025-26. Know payment deadlines, key exemptions for senior citizens & salaried, and how to avoid penal interest. Plan your taxes now.
Aravalli police seized Rs 1.05 crore in unaccounted cash from a car at Shamlaji checkpost. The driver failed to explain the source, raising hawala transaction suspicions. Income Tax Dept. informed.
Vedanta moves Delhi High Court against tax department's ₹1,308 crore GAAR claim over Mauritius holding structure. Court halts coercive action until Dec 18 hearing. Read the full details.
New Jersey's ANCHOR program offers tax relief up to $1,500 for homeowners and $450 for renters. Learn eligibility, payment dates, and how it aids families amid inflation.
Donald Trump claims global tariffs can replace US income tax. Experts and Treasury data reveal a multi-trillion dollar gap, calling the idea 'nonsensical' and economically risky. Read the full analysis.
CBDT data shows personal income-tax refunds have fallen sharply. Experts cite late ITR forms, increased verification, and processing constraints. Learn what taxpayers can do.
Gurgaon's new Income Tax building in Sector 29, operational from April 2026, will centralize all units, boosting efficiency and taxpayer convenience. Learn about the key features and benefits.
Income Tax department expands Hyderabad biryani tax evasion probe to rice & meat suppliers. Officials uncover weight manipulation & ₹600 crore unaccounted income. Read the full investigation details.
A complete guide to Indian tax laws on wedding gifts, clubbing of spouse & minor's income, and alimony taxation. Learn key exemptions and avoid penalties.
The 15 December advance tax deadline is approaching. Learn who must pay, the instalment schedule, and the interest penalty for missing the due date. Act now to avoid fines.
Indian courts are pushing back against tax investigations relying solely on WhatsApp chats. Recent ITAT rulings mandate independent proof like documents or cash trails for digital evidence to be valid. Read the full analysis.
US student loan system faces biggest overhaul in decades. IBR expands, SAVE ends, and forgiven debt becomes taxable from 2026. Key dates and impacts for millions of borrowers explained.
Ghaziabad Municipal Corporation extends the 20% property tax rebate deadline to December 31. After that, rebates will reduce in phases. Over 5.5 lakh taxpayers in the city are affected.
A Delhi student discovered fraudsters used his PAN & Aadhaar for a Rs 26 crore GST scam. Police have registered a cheating case. Learn how to protect your identity.
An NRI in Dubai asks if gifting unlisted company shares to his father in India attracts tax. A CA explains the capital gains and DTAA implications for NRIs. Read for expert advice.
Missed your income tax return deadline? Learn about the condonation of delay under Section 119(2)(b) to avoid penalties up to 70%. A step-by-step guide for Indian taxpayers.
The UAE has unveiled key tax amendments effective January 2026, simplifying refunds and boosting FTA powers. Learn what this means for businesses and taxpayers.
Learn how to easily view and download your Form 26AS from the Income Tax portal. This essential document helps verify all your tax deductions and payments. Follow our simple guide now!
Indian taxpayers must accurately report foreign assets and income through Schedule FA and FSI by November 30, 2025, under Black Money Act compliance requirements.
Congress alleges Modi-Shah government using tax notices for political harassment as elections approach. Party vows to fight back against intimidation tactics.
UAE introduces major tax procedure reforms from January 2026, including 5-year refund claims, expanded FTA powers, and R&D tax credits. Learn how these changes impact businesses.
Bengaluru's Mantri Mall clears Rs 6.5 crore property tax but still owes Rs 30 crore to BBMP. The mall has faced multiple sealings for non-payment. Read the latest updates.
Patna Municipal Corporation announces a full waiver on interest and penalties for property tax defaulters. Pay only the principal amount by March 31, 2026. Clear your dues now!
Coimbatore police intercepted a scooter, seizing Rs 40 lakh in cash. The rider, an employee of a Kerala jewellery store, lacked documentation. Income Tax Department investigates.
CBI uncovers a major bribery network in ITAT Jaipur, arrests accountant Kamlesh Rathod. Over Rs 1.3 crore seized. Investigation reveals manipulation of judicial orders for bribes. Read the full expose.