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.
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.
Tamil Nadu continues its 100% motor vehicle tax waiver for battery-operated vehicles till Dec 2027, boosting EV adoption and manufacturing. Read more about the state's green push.
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.
Rajasthan's new Vehicle Scrapping Policy 2025 targets old, polluting vehicles. Owners can get up to 50% tax rebate, max ₹1 lakh, on new vehicle purchase. Read details.
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
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.
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.
Confused about PAN-Aadhaar linking? Not everyone must link. Learn the key exemptions for NRIs, seniors, and residents of specific states under Income Tax rules.
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?
JSW MG Motor India extends its Assured Buy Back scheme to five years for EVs, guaranteeing 40-60% resale value. A major move to boost consumer confidence in electric vehicles. Read more.
Lucknow Municipal Corporation launches Property Tax Management System (PTMS) for transparent, digital assessment. Ends harassment, ensures accurate calculation. Learn how it affects you.
All India Dal Mill Association appeals to Madhya Pradesh government for mandi tax exemption on raw pulses for MSME mills, warning of industry decline due to rising costs and unfair competition.
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.
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.
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.
Delhi High Court criticizes authorities for failing to provide tax relief on air purifiers during pollution emergencies. Read the full story on the court's stance for citizen health.
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.
Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.
A Delaware state trooper and a suspected gunman were killed in a shooting at a motor vehicle agency near Wilmington. Authorities confirm the threat is over. Stay tuned for updates.
The Municipal Corporation of Gurugram (MCG) sealed 15 commercial properties for property tax default, recovering over ₹1.5 crore. The crackdown targets major defaulters across the city.
India sees a surge in voluntary tax compliance with 3.6 million individuals revising returns. CBDT's NUDGE campaign urges corrections before the December 31 deadline to avoid penalties.
The 3rd National Indirect Tax Moot Court Competition 2024, organized by the Chamber of Tax Consultants, concluded successfully in Delhi. The event aimed to hone the skills of future indirect tax professionals. Read more about the winners and key insights.
Struggling with property tax payments? Learn how to verify dues, download receipts, and pay online via official municipal portals. Save time and avoid penalties with our simple guide.
Learn how equity, debt & hybrid mutual funds are taxed. Optimise your post-tax returns with this detailed guide on capital gains tax, holding periods, and tax-saving strategies.
Mumbai's BMC demands Rs 10,899 crore in property tax using a disputed formula, overriding High Court and Supreme Court orders. 481 properties face inflated bills and threats of coercive action.
Discover five proven strategies to legally lower your tax bill in retirement. Learn about Roth conversions, Social Security taxation, and new deductions for seniors in 2025.
RTI data reveals state & central govt bodies in Mumbai owe BMC over Rs 3,000 crore in property tax arrears. Only Rs 243 crore recovered in 5 years, raising burden on citizens. Read full details.
Thane MACT dismissed a 2018 road accident compensation claim, citing the claimant's failure to prove the other rider's negligence. Key details and legal implications explained.
Income Tax Department issues detailed FAQs on claiming 80G deductions. Learn the verification process, eligible donations, and key conditions for taxpayers in the old regime.