ISMA Calls for GST Cut on Flex-Fuel Vehicles
The Indian Sugar Mills Association urges the GST Council to lower taxes on flex-fuel vehicles, a crucial step for India's ethanol blending and energy security goals. Read more.
Category : GST & Taxation
Musk Slams California Wealth Tax, Defends Stock Wealth
Elon Musk joins the debate on California's proposed wealth tax, arguing his Tesla and SpaceX shares represent real value creation. Tech leaders warn of a billionaire exodus.
New Excise Duty on Tobacco Products Effective Feb 2
The Indian government has levied an additional excise duty on tobacco products like cigarettes and bidis. The new duty, effective February 2, aims to boost revenue. Learn about the impact on prices and industry.
Cigarette, Gutkha Prices to Rise After Govt Excise Duty Hike
The Indian government has sharply increased excise duties on cigarettes and tobacco products from February 1, 2024. This move will lead to higher retail prices for consumers. Get all the details on the new rates and their impact.
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New Tax on Tobacco, Pan Masala from February 1
The government introduces a new tax structure for tobacco and pan masala from February 1, replacing the GST compensation cess with additional duties. Learn the impact.
New Tobacco, Pan Masala Taxes Effective February 1
India hikes excise duty on tobacco and imposes a health cess on pan masala from February 1, likely raising prices for 100 million smokers. Read the full details and impact.
CBI busts Jhansi CGST bribery racket, arrests IRS officer
CBI arrests 5, including an IRS officer, in a Rs 1.5 crore GST bribery scandal in Jhansi. Over Rs 1.6 crore cash seized. Read the full investigation details.
Vadodara CGST's Outreach Programme Boosts Taxpayer Engagement
CGST Vadodara-II Commissionerate's outreach programme with trade bodies strengthens the GST regime. Learn how their initiatives secured the top national rank.
Centre Raises Excise Duty on Cigarettes from Feb 1
The Indian government has increased the National Calamity Contingent Duty on cigarettes. Find out the new rates and the expected impact on prices and public health.
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New Health & National Security Cess on Tobacco from Feb 1
The Centre introduces a new health and national security cess on tobacco, replacing the GST compensation cess from February 1. This tax overhaul aims to keep levies high and align with WHO benchmarks. Read more.
GMC Waives ₹33.62 Crore in Uncollectable Property Tax
Guntur Municipal Corporation clears ₹33.62 crore from old property tax arrears after a detailed audit. The move aims to clean up records and boost future collection efficiency. Read more.
India's 2026 Tax Overhaul: Predictability & Tech at Core
India's 2026 tax landscape is set for a major shift towards predictability and technology. Explore the key reforms in Income Tax, GST 2.0, and dispute resolution that aim to build taxpayer trust.
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.
PAN-Aadhaar Link Last Date Today: Steps, Penalty
Today, December 31, 2025, is the final deadline to link PAN with Aadhaar. Failure to comply will make your PAN inactive from Jan 1, 2026. Check steps, penalty, and status here.
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Aadhaar-PAN Deadline Today, Iran Unrest, $35M Bank Heist
Today is the final day to link Aadhaar with PAN. Also, major protests erupt in Iran, and a German bank loses $35 million in a heist. Get all the details here.
PAN-Aadhaar Link Last Date Today: Avoid Rs 1000 Fine
December 31 is the final deadline to link PAN with Aadhaar. Failure will make PAN inoperative and attract a late fee of Rs 1000. Follow our step-by-step guide to complete the linking process now.
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
IndiGo Gets Rs 458.3 Crore GST Penalty, Will Appeal
IndiGo faces a massive GST penalty of Rs 458.3 crore from Delhi tax authorities. The airline calls the order 'erroneous' and plans to pursue legal remedies. Details inside.
Mumbai restaurant fined Rs 50,000 for service charge
The CCPA imposed a Rs 50,000 penalty on a Mumbai restaurant for adding a mandatory service charge. The authority ordered the firm to modify its billing software immediately. Read the full details.
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Last Date for Revised ITR is Dec 31: Key Steps
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.
Revised ITR Deadline Dec 31: Don't Forget Verification
Filing a revised ITR before the Dec 31, 2025 deadline? Experts warn that failing to verify it will render it invalid. Learn the mandatory steps to ensure your corrections are accepted by the tax department.
TDS Mandatory on Property Purchase from NRI Seller
Buying property in India from an NRI? Learn why TDS deduction is mandatory regardless of the seller's income or capital gains amount. Avoid hefty penalties and legal liability.
PAN-Aadhaar Linking Deadline: Dec 31, 2025
Link your PAN with Aadhaar by December 31, 2025, to avoid penalties and an inoperative PAN. Learn the steps, fees, and consequences of missing the deadline.
Dec 31 ITR Deadline: 70 Lakh Returns Unprocessed
Thousands face tax refund delays as the Dec 31 deadline for revised ITR filing nears. The income tax department has yet to process 70 lakh returns for AY 2025-26. Act now to avoid higher penalties.
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Govt's 2025 Reform Agenda: GST 2.0, Tax Slabs, Labour Codes
The Indian government has outlined a major outcome-driven reform agenda for 2025, focusing on GST 2.0, rationalized income tax slabs, and implementing new labour codes. Explore the key changes.
I-T Dept Seizes Lulu Mall Lucknow Bank Account for Tax Default
Income Tax Department freezes Lulu Mall Lucknow's bank account for failing to deposit TDS. Action follows a ₹1.5 crore demand. Read the full story.
PAN-Aadhaar Link Deadline Dec 31, 2025: Avoid Penalty
The Income Tax Department's deadline for linking PAN with Aadhaar is December 31, 2025. Failure will render your PAN inoperative, disrupting tax filings and financial transactions. Learn how to link and verify status.
₹125 Crore Unreported Deposits Found in Nagpur Credit Society
Income Tax authorities detect over ₹125 crore in unreported deposits at Nirmal Ujjwal Credit Cooperative Society in Nagpur, violating SFT rules. Details of the major compliance failure inside.
Check PAN-Aadhaar Link Status Before Dec 2025 Deadline
Is your PAN card active? Learn two instant methods to check PAN-Aadhaar link status without login. Avoid penalties and service disruptions before the December 31, 2025 deadline.
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California Wealth Tax Sparks Silicon Valley Exodus Fears
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.
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