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.
Purchased a car above ₹10 lakh and paid 1% TCS? You can claim a refund. Learn eligibility, required documents like Form 27D, and the step-by-step process to get your money back via ITR filing.
Mohali Municipal Corporation begins sealing properties of chronic tax defaulters from January 7. Officials warn of strict action for unpaid dues. Read details.
Income Tax Department alerts salaried taxpayers over mismatched deductions in ITR and Form 16. Experts advise submitting proofs to employers to avoid scrutiny and delays in refunds. Learn key steps to stay compliant.
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.
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.
Indian tax authorities deploy generative AI for faster compliance checks and fraud detection. Discover why human oversight remains crucial in this tech-driven shift.
A Kolkata family, including a 70-year-old man and a toddler, attends an electoral hearing for Taniya Dey, highlighting voter data mismatch issues. Read their full story.
NTA extends JEE Main 2026 identity verification deadline to Jan 15 for photo mismatch cases. Candidates must upload attested certificate PDF via email link and carry printout to exam centre.
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.
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.
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.
NTA extends JEE Main 2026 photo verification deadline to Jan 15, 2026, and allows attestation by Gazetted Officers for candidates with Aadhaar mismatches. Read the full advisory here.
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.
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.
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.
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.
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.
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
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.
Election Commission directs DEOs & DMs in West Bengal to not issue hearing notices to over 1.3 lakh voters facing BLO app mismatch. New process involves field verification via photos. Read the full details.
Chandraboti Mandal, 83, shares her experience of the Special Intensive Revision hearing at her Hatibagan home. Read how Kolkata's senior citizens are participating in this crucial electoral process.
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.
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?
The Income Tax Department is sending direct emails & SMSes to taxpayers over mismatches in ITR claims, pausing refunds. Find out why and what to do before Dec 31 deadline.
Lucknow Municipal Corporation launches Property Tax Management System (PTMS) for transparent, digital assessment. Ends harassment, ensures accurate calculation. Learn how it affects you.
Professor T G Sitharam, ex-AICTE Chairman, argues AI will transform, not eliminate, engineering jobs. The focus must be on reskilling and lifelong learning to bridge the skill gap. Read his insights from the India-AI Impact Summit 2026.
The estate of Robert Brockman settles the biggest US individual tax fraud case, agreeing to pay $750 million in back taxes and penalties. Details on the $2 billion offshore empire revealed.
India's new Income Tax Act, 2025, replaces the 1961 law from April 1, aiming for a simplified tax regime. Read about the key changes and implications.
As India's new tax regime becomes the default, savers are ditching ELSS for PPF and index funds. Discover why tax-saving discipline is shifting and how to invest wisely.