Govt Debunks 85% Tax on ₹10 Lakh Bank Transactions
PIB Fact Check refutes viral social media claim of an 85% tax on transactions over ₹10 lakh. No such tax exists. Read details on the new Income Tax Act 2025 and its simplified rules.
PIB Fact Check refutes viral social media claim of an 85% tax on transactions over ₹10 lakh. No such tax exists. Read details on the new Income Tax Act 2025 and its simplified rules.
With the new tax regime as default, choosing wrongly can lead to higher tax payments. Experts explain key factors like HRA, deductions, and documentation to consider for optimal tax planning in India.
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.
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.
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.
Elite attorney Alex Spiro warns Governor Gavin Newsom that California's proposed wealth tax will cause a mass exodus of billionaires and innovation. Read the full legal and economic analysis.
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.
Bahrain's updated Golden Residency Visa offers 10-year renewable permits, work freedom & no income tax. Learn about property investment, talent & retiree routes for long-term Gulf living.
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.
NITI Aayog's new paper recommends decriminalising many income tax offences to shift from fear to trust-based compliance. Could this reform boost investment and ease business?
White House AI and crypto czar David Sacks hints at leaving California over proposed 5% 'wealth tax'. He joins other billionaires like Peter Thiel and Larry Page in criticising the move. Read more.
Feeling panicked by market dips? Learn why your brain reacts to losses and get practical strategies from Value Research's Dhirendra Kumar to stay invested for long-term wealth creation.
Madras High Court clarifies Union government grants for rehabilitation are capital receipts, not taxable revenue. Landmark ruling aids Dharmapuri milk co-op union. Read the full analysis.
The 3rd National Indirect Tax Moot Court Competition 2024, organized by the Chamber of Tax Consultants, concluded successfully in Delhi. The event aimed to hone the skills of future indirect tax professionals. Read more about the winners and key insights.
Struggling with property tax payments? Learn how to verify dues, download receipts, and pay online via official municipal portals. Save time and avoid penalties with our simple guide.
Learn how equity, debt & hybrid mutual funds are taxed. Optimise your post-tax returns with this detailed guide on capital gains tax, holding periods, and tax-saving strategies.
Value Research analyst explains why patience through market cycles, not a fixed time horizon, is key to equity wealth. Learn why staying invested beats clever timing.
Mumbai's BMC demands Rs 10,899 crore in property tax using a disputed formula, overriding High Court and Supreme Court orders. 481 properties face inflated bills and threats of coercive action.
Discover five proven strategies to legally lower your tax bill in retirement. Learn about Roth conversions, Social Security taxation, and new deductions for seniors in 2025.
India's corporate tax collections grew 7.5% to Rs 9.94 lakh crore by mid-December, surpassing personal income tax growth. Net direct tax kitty crosses Rs 17 lakh crore. Read the full analysis.
Indian residents selling US RSUs face 12.5% long-term capital gains tax. Learn the rules for reporting foreign assets and handling FAIU summons for NRIs.
Returned NRI wants to gift money from foreign account to daughter abroad. Also, an NRI selling Dubai property seeks clarity on TDS certificate. Expert explains tax implications.
India's net direct tax revenue rose 8% to ₹17 trillion in April-December, missing the 13% target. Personal income tax growth slowed due to new slab rates. Can the government meet its full-year goal?
India's net direct tax collection for FY25 grows 8% to Rs 17.04 lakh crore. Gross collections surge 24% to Rs 19.45 lakh crore, while refunds slow. Read the full analysis.
Varanasi Municipal Corporation assures no coercive action against religious sites after seers protest integrated tax bills. Commissioner clarifies tax exemptions for charitable institutions.
Canada's financial regulator holds capital buffer steady at 3.5%, revealing big banks have C$60 billion in excess capital. Read how this impacts lending and economic growth.
Finance Act 2024 rewired share buyback taxation, shifting the burden to shareholders from Oct 1. Experts warn it taxes notional income and creates distortions. Learn the new tax implications.
ICICI Direct recommends 7 stocks, including Bajaj Finserv & SRF, for long-term wealth creation. Discover their detailed analysis and target prices for 2026.
Planning to transfer a co-op apartment to a child? A gift deed is common, but not the only way. Explore tax implications, wills, and security concerns for a smooth wealth transition.
Starting April 2025, term insurance premiums will be GST-free. Learn how this tax change impacts your financial planning and boosts insurance affordability in India.