MCD Tax Collection Jumps 45% with Amnesty Scheme
Delhi's Municipal Corporation reports a 45% increase in property tax revenue, reaching Rs 2,700 crore. The SUNIYO amnesty scheme attracted 1.7 lakh taxpayers, boosting collections significantly.
Delhi's Municipal Corporation reports a 45% increase in property tax revenue, reaching Rs 2,700 crore. The SUNIYO amnesty scheme attracted 1.7 lakh taxpayers, boosting collections significantly.
Finance Minister Nirmala Sitharaman will present Union Budget 2026 on February 1. Tax experts predict a gradual phase-out of the old income tax regime as the new regime gains popularity.
India's gross direct tax collections increased 4.1% to Rs 21.5 lakh crore, with sluggish income tax growth offset by stronger corporate tax performance. Net collections rose 8.8% to Rs 18.4 lakh crore.
India's net direct tax collection rises 8.82% to over Rs 18.38 lakh crore till Jan 11. Refunds drop 17%. Government aims for Rs 25.20 lakh crore target for FY26. Read the full analysis.
Nearly 2000 ex-servicemen and seniors in Lucknow's Sarojininagar society face property attachment by LMC over retrospective house tax demands from 2010, despite mayor's assurances.
The new Simplified Income Tax Act, 2025, comes into force on April 1, 2026, replacing the old assessment year system with a single 'tax year'. Learn how this major tax reform simplifies compliance for Indian taxpayers.
The new Income Tax Act 2025 comes into force on April 1, 2025. Understand the key changes in tax slabs, deductions, and compliance for the upcoming financial year.
The Income Tax Act, 2025, replaces the 64-year-old law from April 1. It simplifies rules, reduces litigation, and incorporates Budget 2026-27 changes. Read the full explainer.
India's income tax department launches a 'Nudge' campaign to boost honest reporting as direct tax growth slows to 8%. Learn about the new compliance focus and collection targets.
Anti-Corruption Bureau arrests PHED superintending engineer in Jhalawar for allegedly demanding an iPhone to clear bills. Cash, silver, property deeds seized. Read the full story.
CBI arrests CPRI Joint Director in Bengaluru for allegedly taking a Rs 9.5 lakh bribe to favour Sudhir Group. Case registered on Jan 8, 2026. Read the full investigation details.
Chandigarh Municipal Corporation intensifies property tax recovery, targeting residential & commercial defaulters. Officials aim to maximise revenue before fiscal year-end in March.
East Champaran SP Swarn Prabhat suspends SI Pankaj Kumar after probe confirms bribe demand in a Rupani village land case. SDPO Chandan Kumar led the inquiry. Read the full details.
Gurgaon's MCG accelerates property tax recovery, collecting Rs 30 crore in 1.5 months and sealing 55 properties. The civic body now targets illegal commercial activities in residential areas to boost revenue for city development.
Prayagraj Municipal Corporation identifies 40,000 properties with 3-year tax dues. Notices issued; failure to pay may lead to property attachment, water cut. Act now to avoid penalties.
CBI traps and arrests a mail overseer at Ramgarh post office, Jharkhand, for accepting a Rs 15,000 bribe for a GDS job. Read the full details of the anti-corruption operation.
The Municipal Corporation of Gurugram has successfully recovered ₹295 crore in outstanding property tax from defaulters in 2025 through a special recovery drive. Discover how the civic body is boosting its revenue.
A municipal corporation clerk in Jalandhar was caught red-handed by the Vigilance Bureau for accepting a bribe of Rs 2,000. The arrest highlights the ongoing fight against corruption in Punjab. Read the full details.
ACB officials in Visakhapatnam arrested Mori John, a Mandal Education Officer, for taking a Rs 40,000 bribe to forward a retired teacher's pension file. Read the full details of the corruption case.
ACB traps college watchman accepting Rs 3 lakh bribe for a trustee to clear retired principal's dues. Trustee flees, probe ongoing. Read the full story.
SVU arrests two NBPCL employees for taking a Rs 5,000 bribe for an electricity connection in Muzaffarpur. One junior engineer escapes. Details on the raid and charges.
A VAO, village assistant & her husband arrested in Namakkal for demanding Rs 40,000 bribe from a farmer. DVAC used chemical notes in the trap. Read the full details.
More than 145 countries have solidified a revised global minimum tax agreement, incorporating US concerns. This landmark deal aims to curb corporate tax avoidance worldwide. Read the full details here.
A Trichy village administrative officer was caught red-handed by DVAC for demanding a ₹5,000 bribe for a succession certificate. Read the full details of the anti-corruption operation.
Indian tax authorities deploy generative AI for faster compliance checks and fraud detection. Discover why human oversight remains crucial in this tech-driven shift.
ED reveals in court that Gujarat IAS officer, as a district collector, had fixed rates for bribes and took a 50% share. The officer faces serious corruption charges. Read the full investigation details.
Anti-Corruption Bureau arrests cooperative bank manager in Ajmer for demanding Rs 30,000 bribe from a farmer to release crop damage compensation. Full details on the trap and investigation.
Muzaffarpur's District Agriculture Officer, Sudhir Kumar, was caught red-handed accepting a bribe of Rs 19,000. The victim had already paid Rs 1.81 lakh. Raids uncovered Rs 11 lakh cash and gold. Read the full details.
Vodafone Idea's stock surged 3% for a second consecutive day, defying a fresh Rs 638 crore tax demand. Discover the details behind this market resilience and the telecom operator's legal stance.
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.