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.
Lok Sabha passes bill imposing a 25% National Security and Health Cess on pan masala and tobacco. The move aims to curb consumption and fund public health initiatives. Read the full details.
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.
FM Nirmala Sitharaman explains new Health & National Security Cess to replace GST compensation levy. Bill aims to stop tax evasion on pan masala, secure funds for public health and defence. Read more.
Karnataka CM Siddaramaiah highlights a Rs 9,000 crore GST compensation shortfall, urging PM Modi to share pan masala cess revenue with states. Read the full story.
Lok Sabha approves bill imposing cess on pan masala and tobacco products. Finance Minister Nirmala Sitharaman assures states of revenue sharing to compensate for GST loss. Key step for public health funding.
RJD MP Sudhakar Singh opposes the Health Safety to National Security Cess Bill, 2025, demanding a complete ban on gutka and pan masala instead of a tax. He calls the bill a revenue-generating tactic.
The Lok Sabha has passed a bill to collect a 10% cess on pan masala and tobacco products. The funds will support health initiatives and national security. Learn about the key provisions and financial impact.
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.
Finance Minister Nirmala Sitharaman clarifies the new Health and National Security Cess will only tax demerit goods like pan masala. Revenue to fund health schemes and security. Opposition raises concerns over MSME impact.
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.
Finance Minister Nirmala Sitharaman introduced a bill for a new cess on pan masala production. The revenue will fund health and security initiatives and be shared with states. Read the details.
The Consumer Affairs Department mandates Retail Sale Price on all pan masala packs from February 1, 2026, boosting transparency and aiding GST levy. Know the new rules.
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.
Finance Minister Nirmala Sitharaman introduces bills to impose excise duty on tobacco and a health cess on pan masala, ensuring high taxes after GST compensation ends. Read the details.
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.
The Centre proposes a new cess and higher excise duty on tobacco and pan masala as the GST compensation cess ends. Learn how this tax overhaul impacts prices and states.
Finance Minister Nirmala Sitharaman tables two key bills in Lok Sabha to impose excise duty on tobacco and a cess on pan masala, replacing the GST compensation cess. Get the full details.
The Lok Sabha introduced the Health Security se National Security Cess Bill, 2025. Once the compensation cess ends, tobacco will attract GST plus excise, while pan masala will face GST plus the new cess. Read the full details.
Finance Minister Nirmala Sitharaman introduces two key bills in Lok Sabha to increase excise duty on tobacco and raise cess on pan masala. The move aims to boost revenue and regulate consumption.
The UAE has unveiled key tax amendments effective January 2026, simplifying refunds and boosting FTA powers. Learn what this means for businesses and taxpayers.
The government will table two key bills in Lok Sabha to impose excise duty on tobacco and a new cess on pan masala manufacturing. This move follows the end of the GST compensation cess. Read for details.
India introduces Health Security Cess Bill 2025, replacing compensation cess with new taxes on tobacco and paan masala. Learn how this impacts prices and public health.
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!