EY's Budget 2026 Wishlist: TDS Reform, Tax Clarity
As India awaits Union Budget 2026 on Feb 1, EY highlights key reforms needed: simplifying TDS, smooth new tax law rollout, and clarity for investors. Read the full analysis.
As India awaits Union Budget 2026 on Feb 1, EY highlights key reforms needed: simplifying TDS, smooth new tax law rollout, and clarity for investors. Read the full analysis.
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.
India's new Income-tax Act, 2025, replaces the 1961 law with a simplified framework. Experts call for Budget 2026 to ensure smooth transition, rationalize TDS, and boost manufacturing. Read key reforms.
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.
Karnataka cabinet extends B-khata to A-khata conversion to all urban centres, aiming to bring lakhs of unauthorised properties into the tax net and formal framework. Details inside.
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.
Income Tax Department's survey uncovers Rs 20 crore interest payment without TDS deduction by a cotton trading company in Chhatrapati Sambhajinagar, leading to recovery of Rs 84 lakh. Learn about TDS compliance.
Explore the fascinating history of how the United States grew from 13 colonies to a global superpower through wars, purchases, and ideology. Discover the key events that shaped the world's largest economy.
Bhopal's municipal water tests reveal TDS levels of 130-172 mg/L, matching premium bottled water. Amid contamination scares elsewhere, the findings question the need for costly filters. Read the full report.
Bhopal's tap water matches premium bottled water specs, tests reveal. With TDS levels far below safety caps, residents question the need for costly filters. Discover the full report.
Uttar Pradesh cabinet extends concessional stamp duty of Rs 5,000 on gift deeds for commercial & industrial properties among family members. Move aims to make transfers affordable & transparent.
V-Guard launches upgraded Rejive RO water purifier series with 2-year unconditional warranty and BIS-compliant 40% water recovery. Available from Jan 4, 2026. Explore the new range.
Mohali Municipal Corporation launches a strict drive against property tax defaulters. Major commercial & industrial units face sealing & auction if dues not cleared in 3-day grace period. Pay now to avoid action.
Tambaram Corporation introduces a flat ₹500 fee for property tax name changes, down from thousands. This new uniform rate, effective January, brings major relief to residents and aligns with Greater Chennai Corporation's model.
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
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.
Income Tax Department freezes Lulu Mall Lucknow's bank account for failing to deposit TDS. Action follows a ₹1.5 crore demand. Read the full story.
Chandigarh's UT estate office has launched complete digital processing for property applications, from transfers to OC, cutting paperwork and visits. Discover the new reforms.
A Rs 12 crore fraud involving a non-existent flat in Gurgaon's Camellias exposes critical gaps in property verification and broker-led resale deals. Read how the scam unfolded.
NRIs, learn the tax implications of being a joint holder on parents' Indian bank accounts and the online procedure to apply for a nil TDS certificate when selling property in India. Expert advice inside.
Missed declaring deductions to your employer? You can still claim them in your belated ITR until Dec 31. Experts explain the process, key sections, and pitfalls to avoid for a smooth refund.
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.
GHMC introduces a GIS-driven digital platform and QR-enabled app for real-time property monitoring, transparent tax administration, and citizen self-service in Hyderabad.
Rajya Sabha MP Balbir Singh Seechewal's year-long drive cleans Buddha Dariya, reducing TDS from 2000 to 160. The campaign now moves into city areas. Read about the challenges and achievements.
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.
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.
Actor D. Sivakarthikeyan approaches Madras High Court against producer K.E. Gnanavelraja for non-payment of Rs 4 crore remuneration for 'Mr. Local' and TDS issues. Hearing scheduled.
Karnataka mandates Aadhaar for property registration to prevent fake transactions. Learn how this new rule impacts buyers, sellers, and the real estate sector.
Bombay High Court directs Maharashtra to refund stamp duty to an elderly Pune couple who abandoned a flat purchase due to Covid-19 financial and medical crisis. Landmark ruling prevents 'unjust enrichment' by state.
As India prepares for the Union Budget 2026, experts see a historic chance to simplify TDS, boost consumption, and support manufacturing for sustainable 7%+ GDP growth in FY27. Read the analysis.