Maruti Small Car Sales Boom After GST Cuts
Maruti Suzuki witnesses unprecedented growth in small car segment as GST reduction makes vehicles more affordable for millions of Indians. Discover how tax reforms are reshaping the automotive landscape.
Category : Search result: tax penalty
Insurance firm to pay ₹3.18L for denying cancer claim
In a landmark consumer rights victory, an insurance company has been directed to pay ₹3.18 lakh with interest for illegally rejecting a cancer treatment claim. The Chandigarh consumer court ruling sets a strong precedent for policyholder protection.
Large Cash Deposits Triggering Tax Notices? Stay Safe!
Planning to deposit a big cash amount? The Income Tax Department is watching. Learn how high-value transactions trigger red flags and discover smart strategies to avoid unwanted tax notices and penalties.
Union Bank: FY26 Fiscal Targets Challenging Amid Weak Tax Growth
Union Bank of India's latest report highlights significant challenges in meeting FY26 fiscal targets due to weakening tax collections, raising concerns about India's economic trajectory and government spending capacity.
GST Revenue Up 4.6% to ₹1.96L Cr in October
India's GST collections show robust recovery with October figures reaching ₹1.96 lakh crore, marking 4.6% year-on-year growth despite recent tax rate reductions across key sectors.
Odisha HC penalizes Utkal University over job denial
In a landmark judgment, Odisha High Court penalizes Utkal University for illegally denying compassionate appointment to deceased employee's son. Court orders immediate employment with full back wages.
GST Revenue Hits ₹1.96L Cr in Oct, Grows 4.6%
India's GST collections show robust growth in October 2024, reaching ₹1.96 lakh crore despite recent tax reductions, signaling strong economic momentum and improved compliance.
GST Revenue Jumps 4.6% to ₹1.95 Lakh Crore in October
India's GST collections show robust growth in October 2023, reaching ₹1.95 lakh crore with domestic transactions leading the surge. Expert analysis reveals what this means for the Indian economy.
GST Collections Hit ₹1.96 Lakh Crore in October
India's GST collections witness robust growth in October 2024, reaching ₹1.96 lakh crore with domestic transactions showing strong performance and record-high integrated GST from imports.
SC: In-House Counsel Can't Claim Legal Privilege
The Supreme Court clarifies that in-house legal advisors cannot invoke client-attorney privilege under Section 132 of the Evidence Act during income tax searches, marking a significant legal interpretation.
ELSS vs PPF vs FD: Best Tax-Saving Investment 2024
Struggling to choose between ELSS, PPF, and FDs for tax savings? Our comprehensive guide breaks down returns, lock-in periods, and risks to help you make the smartest investment decision this financial year.
China Scraps Gold Tax Perks, Markets Stunned
In a dramatic policy shift, China eliminates gold tax incentives, triggering major sell-off and reshaping global bullion market dynamics. Expert analysis inside.
Ahmedabad tailor fined ₹7,000 for wedding blouse delay
A Ahmedabad tailor faces ₹7,000 penalty for failing to deliver a wedding blouse on time. Consumer court rules in favor of bride in landmark judgment for service deficiency.
Varanasi: ₹500-₹1L fine for feeding strays, new civic rules
Varanasi Municipal Corporation introduces strict penalties: ₹500-₹1 lakh fines for feeding stray animals in public, ₹200 for littering, and ₹500 for spitting. New regulations aim to maintain cleanliness in the holy city.
CBI probes Jaipur tax official's ₹4cr assets, Porsche
A senior income tax official in Jaipur faces CBI investigation after discovery of disproportionate assets worth ₹4 crore, including luxury vehicles and properties beyond known income sources.
JH High Court Judges Split Over Cop Killer's Death Penalty
In a dramatic legal showdown, Jharkhand High Court judges deliver split verdict on death sentence for cop killer. Read about the judicial deadlock and case retrial.
HUL Gets ₹1,986 Crore Tax Notice for FY2020-21
FMCG giant Hindustan Unilever receives substantial tax demand from income tax authorities over royalty payments and other deductions. Learn about the breakdown and company's response.
Draisaitl Blasts Referees Over Controversial NHL Call
Edmonton Oilers star Leon Draisaitl expresses frustration over questionable penalty call against Mika Zibanejad in dramatic overtime defeat. Read about the controversial NHL officiating decision that's making headlines.
India's Fiscal Deficit at 36.5% of FY26 Target
Latest government data reveals India's fiscal deficit reached ₹5.41 lakh crore by August 2024, while tax collections show robust performance at nearly half of budget estimates.
Andhra Court: Death Penalty for 5 in Mayor's Husband Murder
In a landmark judgment, an Andhra Pradesh court has sentenced five individuals to death for the brutal murder of Chittoor Mayor's husband. The case that shook the political circles sees justice served after extensive legal proceedings.
Nephew gets death for murdering Chittoor's woman mayor
In a shocking case that rocked Andhra Pradesh, a court has awarded death penalty to a nephew for the cold-blooded murder of Chittoor's pioneering woman mayor and her husband after a decade-long legal battle.
Chittoor Mayor Murder: 5 Get Death Penalty
In a historic verdict, five convicts receive death penalty for the brutal murder of Chittoor Mayor P. Sreenivasa Reddy and his wife Kumari. The court delivers justice after a dramatic trial.
Chittoor Mayor Husband Murder: 5 Get Death Penalty
In a landmark judgment, an Andhra Pradesh court has awarded death penalty to five individuals for the brutal murder of Chittoor Mayor's husband. The case that shook the political circles sees justice served after extensive legal proceedings.
SEBI to Penalize MCX for 4-Hour Trading Outage
India's commodity exchange MCX faces severe regulatory action from SEBI following a massive 4-hour trading outage that disrupted markets and angered traders. Exclusive details inside.
GST 2.0: India's 2025 Tax Revolution Explained
India's upcoming GST reforms in 2025 promise simplified tax slabs, reduced compliance burden, and significant impact on temporary staffing, manpower services, and retail sectors. Discover what changes await businesses.
Man wins tax case against ₹8 lakh cash deposit notice
A taxpayer's victory over Income Tax Department reveals crucial rules about cash deposits and presumptive taxation. Learn how proper documentation saved him from unnecessary tax liability.
GST Axed on Health Insurance Premiums - Policyholders Win!
In a landmark move, the GST Council has eliminated the 18% GST on individual health insurance premiums, making healthcare coverage more affordable for millions of Indians.
Gurugram MCG cracks down on property tax defaulters
MCG initiates aggressive property tax recovery campaign in Gurugram, targeting thousands of defaulters with attachment proceedings and legal action. Commercial establishments face special scrutiny.
Assam Govt Donates GST from Zubeen Garg's Film to Foundation
In a remarkable tribute to musical legend Zubeen Garg, the Assam government announces it will donate all GST revenue from his last film to support his foundation's charitable initiatives across the state.
Meta Profits Crash 52% on $16B Trump Tax Charge
Meta Platforms reports staggering 52% profit decline in Q3 earnings, hit by massive $16 billion legal charge from Trump administration legislation. Revenue growth continues despite Reality Labs losses.
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