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.
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.
Buying a used car? Avoid legal and financial risks. Learn 5 simple ways to check if the vehicle is under an unpaid loan before you finalize the deal. Essential guide for smart buyers.
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.
Varanasi Municipal Corporation assures no coercive action against religious sites after seers protest integrated tax bills. Commissioner clarifies tax exemptions for charitable institutions.
UPCA announces ticket refund process after excessive fog forces abandonment of 4th India vs South Africa T20I in Lucknow. Full details on eligibility and procedure inside.
UPCA offers full ticket refunds after fog cancels India vs South Africa 4th T20I in Lucknow. Details on online & offline refund process for December 20-22.
UPCA to refund all tickets after fog cancels 4th India-South Africa T20I in Lucknow. Details for online & offline refund process from Dec 20-22. Read for full instructions.
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.
President Trump announces a special $1,776 holiday bonus for US soldiers and forecasts the largest tax refund season next spring. Get the key details here.
West Bengal govt initiates refund process for 34,000 fans after Messi's no-show. CM's committee steps in, but procedural hurdles may cause delays. Get the full story.
Fr Muller Charitable Institutions launches a special health check-up scheme in Mangaluru, offering 15% festive discounts and free tests until January 15. Over 25 registrations recorded on day one.
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.
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.
Kolkata flyers face long waits for IndiGo refunds via portals like MakeMyTrip. Govt fare cap fails to curb high prices, leaving passengers frustrated. Details inside.
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.
Travel platform ixigo announces full refund of convenience & assured fees for passengers hit by IndiGo's mass cancellations from Dec 3-8, 2025. Get details here.
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.
Travel aggregator ixigo announces full refund of convenience and assured fees for all passengers affected by IndiGo flight cancellations between December 3 and 8, 2025. Learn the details.
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.
The Indian government mandates IndiGo to finalize all passenger refunds for disrupted flights by Sunday, 8 PM. Airlines barred from rescheduling fees. Full details here.
Understand India's advance tax rules for FY 2025-26. Know payment deadlines, key exemptions for senior citizens & salaried, and how to avoid penal interest. Plan your taxes now.
Vedanta moves Delhi High Court against tax department's ₹1,308 crore GAAR claim over Mauritius holding structure. Court halts coercive action until Dec 18 hearing. Read the full details.
New Jersey's ANCHOR program offers tax relief up to $1,500 for homeowners and $450 for renters. Learn eligibility, payment dates, and how it aids families amid inflation.
CBDT data shows personal income-tax refunds have fallen sharply. Experts cite late ITR forms, increased verification, and processing constraints. Learn what taxpayers can do.
Ludhiana's bicycle sector faces a worsening crisis as a GST reduction to 5% exacerbates an inverted duty structure, blocking working capital and threatening small units. Industry demands urgent reform.
A complete guide to Indian tax laws on wedding gifts, clubbing of spouse & minor's income, and alimony taxation. Learn key exemptions and avoid penalties.
The 15 December advance tax deadline is approaching. Learn who must pay, the instalment schedule, and the interest penalty for missing the due date. Act now to avoid fines.
Indian courts are pushing back against tax investigations relying solely on WhatsApp chats. Recent ITAT rulings mandate independent proof like documents or cash trails for digital evidence to be valid. Read the full analysis.