Category : Search result: premium tax credits


MCD Tax Collection Jumps 45% with Amnesty Scheme

Delhi's Municipal Corporation reports a 45% increase in property tax revenue, reaching Rs 2,700 crore. The SUNIYO amnesty scheme attracted 1.7 lakh taxpayers, boosting collections significantly.

Verizon Outage Hits Thousands, Credits Promised

Verizon faces major cellular and data outage affecting over 175,000 users. Company acknowledges issue, apologizes, and offers account credits while working to restore services.

New Income Tax Act 2025: Single 'Tax Year' From April 1

The new Simplified Income Tax Act, 2025, comes into force on April 1, 2026, replacing the old assessment year system with a single 'tax year'. Learn how this major tax reform simplifies compliance for Indian taxpayers.

DU Relaxes Credit Limit for Final-Year Students

Delhi University permits final-year undergraduates to earn up to 8 extra credits in semester VIII, helping them qualify for a major. This change, effective from the 2025-26 session, addresses a key hurdle for postgraduate admissions. Read the full details

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.

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.

House Passes Bill Extending Health Care Subsidies

The US House of Representatives passed a bill to extend Affordable Care Act subsidies, defying GOP leadership. The move aims to prevent premium hikes for millions. Read more on the political implications.

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 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.

UPSC Key: Indore Water, Bullet Train, Methane from Rice

Essential UPSC updates: Indore's water contamination exposes governance gaps, bullet train project's tunnel breakthrough, and how rice farmers can cut methane for carbon credits. Dive into key insights for Prelims and Mains.

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