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.
Amazon begins $2.5 billion payouts to eligible Prime members after FTC settlement. Find out if you qualify for a refund and the details of the lawsuit.
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.
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.
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.
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.
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.
TrackAse introduces AI-enabled GST litigation management platform to streamline tax dispute resolution. Transform how businesses handle GST compliance efficiently.
Haryana introduces Lok Adalat mechanism for immediate refund of blocked cyber fraud money. Victims can now recover funds within days instead of months through simplified process.
Haryana Police launches 4-step process for immediate refund of blocked cyber fraud money through Lok Adalat. No lawyer needed. DGP advises reporting scams to 1930 helpline.
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.
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.
Two men from Uttar Pradesh arrested for a massive GST refund fraud of Rs 3.42 crore using fake firms and forged documents. Police uncover a web of 85 fictitious companies.
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.
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.
Discover 7 government-backed small savings schemes offering guaranteed returns up to 8% annually. Perfect for risk-averse investors seeking stable income and tax benefits in their financial portfolio.
Planning to gift stocks or mutual funds this festive season? Discover the hidden income tax implications and capital gains rules you must know to avoid costly mistakes.