Tax Dept Tightens Compliance with 'Nudge' Campaign
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.
Category : Search result: Rs 638 crore tax order
Chandigarh MC Sends Bulk Notices to Property Tax Defaulters
Chandigarh Municipal Corporation intensifies property tax recovery, targeting residential & commercial defaulters. Officials aim to maximise revenue before fiscal year-end in March.
Gurgaon MCG collects Rs 30 crore tax, seals 55 properties
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.
Budget 2025: Experts Urge No Major Tax Law Changes
Ahead of Budget 2025, tax expert Dinesh Kanabar advises against substantive changes to the new Income-tax Act 2025, calling for focus on TDS simplification, R&D incentives, and dispute resolution.
40,000 Prayagraj homes face action for unpaid property tax
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.
MCG Recovers ₹295 Crore in Property Tax from Defaulters
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.
IRS 2026 Tax Filing Season Begins: New Rules Apply
The IRS has opened the 2026 tax filing season. Learn about key changes from the One, Big, Beautiful Bill, new forms like Schedule 1-A, and tips for filing your 2025 returns before the April 15 deadline.
Congress Leader, Bizman Held in Rs 50+ Crore GST Fraud
Hyderabad DGGI arrests Congress's Balkonda in-charge Muthyala Sunil Kumar & Bengaluru's N Chethan in separate GST fraud cases totaling over Rs 50 crore. Details on the scams and bail.
AMC Tax Rebate Gets Strong Response, Rs 24 Cr Collected
Ahmedabad's property tax incentive scheme offers major interest relief. Over 24,000 taxpayers paid Rs 24+ crore in a week. Learn how to benefit before March 31.
Visakhapatnam's GVMC targets ₹600 crore property tax revenue
Greater Visakhapatnam Municipal Corporation collected ₹510 crore in property tax last fiscal. With new assessments and revised structures, it aims for ₹600 crore this year. Read how they plan to achieve it.
Mohali MC to seal tax defaulters' properties from Jan 7
Mohali Municipal Corporation begins sealing properties of chronic tax defaulters from January 7. Officials warn of strict action for unpaid dues. Read details.
145+ Nations Agree on Updated Global Minimum Tax Deal
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.
How to Save Tax on Sale of Residential Property in India
Many Indians are unaware of capital gains tax on property sale. Learn about long-term vs short-term gains, tax rates, and two legal ways to save tax under Sections 54 and 54EC. Expert advice by Balwant Jain.
How AI is Reshaping Tax Scrutiny in India
Indian tax authorities deploy generative AI for faster compliance checks and fraud detection. Discover why human oversight remains crucial in this tech-driven shift.
Save Tax on Gold, Stock Gains with Section 54F
Learn how Section 54F of the Income Tax Act allows Indians to save on long-term capital gains tax by reinvesting in a residential property. Key conditions and timelines explained.
NMC collects Rs 66 crore from tax defaulters via amnesty scheme
Nashik Municipal Corporation's amnesty scheme recovers Rs 66 crore from 86,000 defaulters, boosting total property tax collection to Rs 208 crore. Officials confident of meeting Rs 275 crore annual target. Read more.
Student loan forgiveness to be taxed from 2026
Millions of US student loan borrowers may face large federal tax bills from 2026 as a key tax exemption expires. Learn about the impact and how to prepare.
Vodafone Idea Shares Rise Despite Rs 638 Crore Tax Order
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.
Vodafone Idea Hit with Rs 638 Crore GST Penalty
Vodafone Idea receives a massive GST penalty order of Rs 638 crore from the Directorate General of GST Intelligence. The telecom giant plans to appeal. Details inside.
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.
Tax Regime Choice Impacts Your Tax Outgo Significantly
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.
Jhansi CGST officers held for Rs 70 lakh bribe, CBI seizes Rs 1.6 crore
CBI arrests Deputy Commissioner, two superintendents of CGST in Jhansi for demanding Rs 1.5 crore bribe. Rs 70 lakh first installment seized. Raids recover Rs 90 lakh more. Read the full investigation details.
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.
Defence Stock Jumps 5% on Rs 419 Crore Coal India Deal
Shares of a defence PSU hit the upper circuit after securing a massive Rs 419 crore order from Coal India. Discover the details and market impact.
Saudi Arabia's new sugar tax on beverages starts Jan 1
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.
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 to Contest Rs 458 Crore GST Penalty Order
IndiGo faces a massive Rs 458 crore GST demand and penalty. The airline calls the order 'erroneous' and vows to contest it legally. Full details inside.
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.
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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