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.
Category : Search result: GCC excise tax
NITI Aayog Wants to Decriminalise Income Tax Offences
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?
GCC Unified Tourist Visa Launch Pushed to 2026
The GCC unified tourist visa, a single permit for six Gulf nations, is now set for a 2026 rollout. Saudi Arabia's tourism minister confirmed the delay, citing security and technical challenges. Discover the new timeline and impact.
Pune Excise Raids Illegal Liquor Party at Viman Nagar Pub
Pune excise department raided The Noir pub in Viman Nagar, booking 52 people and seizing items worth ₹3.67 lakh in an illegal liquor party. 21 squads formed for New Year vigilance.
Excise Dept Seizes 300 Bottles of Illicit Liquor in Mohali
Mohali excise officials arrest a smuggler near Mataur village, seizing 25 cases of whiskey meant for illegal sale in Chandigarh. Read the full details of the crackdown.
Hotels seek extended hours for festive season in Maharashtra
HRAWI requests Maharashtra govt to extend operating hours for bars & restaurants until 5 AM on Dec 24, 25, 31. Move aims to boost festive hospitality & tourism.
3rd National Indirect Tax Moot Court Competition Concludes
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.
Guide: Pay Property Tax Online, Avoid Queues & Scams
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.
Complete Guide to Mutual Fund Taxation in India
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.
5 Tax-Saving Strategies for Retirees in 2025
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.
Mysuru sees 83% property tax collection, aims for 100% by 2026
Mysuru's urban bodies, led by MCC, achieve an 83% property tax collection surge. Digital payments, early rebates, and door-to-door drives fuel the success. Discover how the district is boosting civic development.
Corporate Tax Growth Hits 7.5%, Overtakes Personal Tax
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.
NRI Tax Guide: Gifting Money & Selling Property
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.
Direct Tax Collection at ₹17 Trillion, Growth Slows to 8%
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?
Net Direct Tax Collection Grows 8% to Rs 17.04 Lakh Crore
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.
Direct Tax Collections Up 8%, Refunds Down 13.5%
India's net direct tax collections grew 8% to Rs 17.05 lakh crore till Dec 17, boosted by a sharp 13.5% fall in refunds. Advance tax up 4.27%. Read the full analysis.
Lucknow Rolls Out New Property Tax System with Unique IDs
Lucknow Municipal Corporation introduces a new Property Tax Management System (PTMS) with unique 16-digit IDs for all properties. Aimed at boosting transparency and compliance, it links to the Smart City Command Centre. Read more.
VMC Pauses Coercive Action on Temples After Seers' Protest
Varanasi Municipal Corporation assures no coercive action against religious sites after seers protest integrated tax bills. Commissioner clarifies tax exemptions for charitable institutions.
Income Tax Dept: Recent Notices Are Advisory, Not Enforcement
The Income Tax Department clarifies recent taxpayer communications are for voluntary compliance. Review your AIS and respond via the Compliance Portal by Dec 31, 2025, if needed.
₹1 Crore Illegal Liquor Seized on Mumbai-Nashik Highway
Kalyan Excise vigilance team intercepts a container smuggling foreign liquor worth nearly ₹1 crore from Goa & MP. Driver arrested, investigation ongoing to bust the racket. Read details.
Gurgaon beer price probe: Vends accused of overcharging bars
Gurgaon's excise department investigates liquor vends for allegedly overcharging restaurants for beer, violating policy and encouraging tax evasion. Full details inside.
India's GCCs Become Global Innovation Engines
India's Global Capability Centres are transitioning into global leaders, owning product strategy and driving AI innovation. Discover how GCCs like Fiserv's are reshaping global enterprise roles from India.
Chandigarh warns against liquor sales on social media
Chandigarh's Excise Commissioner warns of strict action against illegal liquor promotion on social media. Stakeholders propose beer-focused reforms for 2026-27 policy. Read more.
GCCs Hire 4x Faster Than IT Firms, Create 300K Jobs Yearly
Global Capability Centres are now India's primary tech job engine, adding 18-27% more staff annually vs 4-6% for IT services. Discover the skills in demand and salary trends shaping the future.
Kanpur: 4 held for Rs 37.87 crore GST fraud using fake firms
Kanpur police and tax officials bust a gang that created fake companies to evade GST worth Rs 37.87 crore. Four arrested, laptops and phones seized. Read the full investigation details.
Excise Seizes 500L Illicit Liquor in T'puram, 2 Arrested
Thiruvananthapuram excise department's special drive nets 500 litres of illicit liquor and wash, leading to two arrests. Officials vow to continue intensified inspections to curb illegal trade.
Missed 15 Dec Advance Tax? Know Penalty & Rules
Third advance tax instalment for FY 2025-26 due 15 Dec. Missing it attracts interest under Section 234C. Know calculation, exemptions for seniors, and how to pay by March.
ITAT Restores NRI Appeal After 621-Day Email Error
Ahmedabad ITAT restores an NRI's tax appeal despite a 621-day delay, citing notices sent to a wrong email address. The ruling highlights the need for accuracy in the faceless appeals process. Read more.
2026 Tax Season: New OBBB Rules, Refund Dates, Tips
Get ready for the 2026 tax season with major changes under the One, Big, Beautiful Bill. Learn about new deductions, refund timelines, and how to file early for faster returns. Essential reading for all taxpayers.
Tax Revenues Jump 30%, But Spending Still Outruns Income
India's tax revenues soared 30% in the first half of FY25, yet government expenditure grew faster, widening the fiscal deficit. Explore the details and implications for the economy.
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