Category : Search result: tax cuts demand


Indian Auto Sales Jump in December on Tax Cut Demand

India's leading automakers, including Maruti Suzuki and Mahindra, reported strong December sales growth fueled by government tax cuts. Read the full analysis of the auto industry's performance.

Saudi Arabia's new sugar tax on beverages starts Jan 1

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.

Gurgaon MCG seals 7 properties for Rs 1.8 crore tax dues

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

Brockman estate pays $750M in tax fraud settlement

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.

Nifty Metal up 24% in 2025, but analysts see correction ahead

Nifty Metal index delivers over 24% returns in 2025, trailing only PSU Bank. Hindustan Copper leads with 55.6% surge. Analysts debate if the rally driven by Fed rate cuts and China demand can last. Read for expert views and technical outlook.

IT Refunds on Hold: Tax Dept Flags Mismatches in ITR Filing

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.

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