UAE mandates e-invoicing from July 2026 with strict penalties for delays. Learn about the phased rollout, fines up to Dh5,000/month, and how businesses must prepare. Act now to avoid costly non-compliance.
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.
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.
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.
Finance Minister Nirmala Sitharaman calls for international tax transparency to tackle digital economy & crypto assets. Highlights India's improved tax compliance. Read more.
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.
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.
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.
India's gross GST revenue rose to ₹1.7 trillion in November 2025, marking a 0.7% year-on-year increase, driven by lower tax rates. Get the latest economic updates and analysis.
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!
Sebi's new rule allows easy gifting of mutual fund units, enabling massive tax savings for families. Learn how to transfer units without triggering capital gains tax.
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!
US President Donald Trump suggests income tax could be nearly eliminated, replaced by tariff proceeds. Get the latest updates on this major US policy shift.
CBDT Chairman confirms IT refund delays for claims above ₹50,000 due to wrongful deduction analysis. Learn how to track refund status and claim 6% interest.
Income Tax department uncovers massive tax evasion network in Hyderabad's biryani industry. Rs 600 crore unaccounted income detected across Pista House, Shah Ghouse, and Mehfil chains.
Income Tax Department launches campaign targeting 25,000 high-risk assessees for undisclosed foreign income & assets. Disclose by Dec to avoid heavy penalties under Black Money Act.
Income Tax Department's initiative prompts 24,678 taxpayers to disclose foreign assets worth ₹29,208 crore and foreign income of ₹1,089 crore. Learn how this compliance drive is reshaping tax transparency.
Still waiting for your income tax refund? Discover the 7 main reasons for ITR refund delays and learn actionable steps to get your money faster. Complete guide for taxpayers.
Britain's Chancellor Rachel Reeves unveils £26 billion tax increases targeting wealthier individuals while protecting low-income families. Key budget decisions focus on economic stability.
Israel increases VAT exemption threshold for personal imports from $75 to $500 starting July 1. Major relief for international shoppers and Israeli consumers.
India's taxpayer base surged to 116.1 million in AY 2024-25, but only 8.08 million filed returns. Expanding TDS system drives growth while compliance gap widens significantly.