92 Daily Revenue Orders in Kochi, 50% for Loan Defaults
Kochi district issues an average of 92 revenue recovery orders daily. Nearly half target bank loan defaulters, while others are for unpaid taxes. Learn the causes and impact.
Kochi district issues an average of 92 revenue recovery orders daily. Nearly half target bank loan defaulters, while others are for unpaid taxes. Learn the causes and impact.
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.
Telangana's commercial taxes department plans to create three new divisions in Shamshabad, Sangareddy, and Jubilee Hills/Gachibowli to decentralize administration and strengthen tax collection. Read more.
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.
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.
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.
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.
Ghaziabad Municipal Corporation extends the 20% property tax rebate deadline to December 31. After that, rebates will reduce in phases. Over 5.5 lakh taxpayers in the city are affected.
An NRI in Dubai asks if gifting unlisted company shares to his father in India attracts tax. A CA explains the capital gains and DTAA implications for NRIs. Read for expert advice.
The UAE has unveiled key tax amendments effective January 2026, simplifying refunds and boosting FTA powers. Learn what this means for businesses and taxpayers.
Learn how to easily view and download your Form 26AS from the Income Tax portal. This essential document helps verify all your tax deductions and payments. Follow our simple guide now!
Switzerland holds a crucial vote on mandatory civic service for all genders and a climate tax on the super-rich. Will these progressive initiatives pass? Find out the details and implications.
UAE introduces major tax procedure reforms from January 2026, including 5-year refund claims, expanded FTA powers, and R&D tax credits. Learn how these changes impact businesses.
Bengaluru's Mantri Mall clears Rs 6.5 crore property tax but still owes Rs 30 crore to BBMP. The mall has faced multiple sealings for non-payment. Read the latest updates.
US student loan borrowers face new tax rules as federal forgiveness policies shift. Learn how to prepare for potential IRS bills and protect your refunds with expert guidance.
Taxpayers under new regime lose Section 80C deductions for PPF, NSC, SCSS & KVP. Compare interest rates, tax benefits with FDs for informed investment decisions.
Avadi municipal corporation collected ₹42 crore tax revenue by June, exceeding annual target. Yet residents face water shortages, drainage issues after 17 years of waiting. Read more.
Patna Municipal Corporation announces a full waiver on interest and penalties for property tax defaulters. Pay only the principal amount by March 31, 2026. Clear your dues now!
Guntur Municipal Corporation disconnects water and drainage for tax defaulters. Commissioner warns officials of suspension for poor collection performance. Read full story.
Delhi CM Rekha Gupta declares the war drama '120 Bahadur' tax-free in the capital. The move honors Indian soldiers' bravery in the 1962 Battle of Rezang La. Read more.
Delhi government declares war drama '120 Bahadur' tax-free to honor Kumaon Regiment's bravery. Film depicts 1962 Sino-Indian War heroes. Read about this patriotic tribute.
US President Donald Trump suggests income tax could be nearly eliminated, replaced by tariff proceeds. Get the latest updates on this major US policy shift.
CBDT Chairman confirms IT refund delays for claims above ₹50,000 due to wrongful deduction analysis. Learn how to track refund status and claim 6% interest.
Income Tax department uncovers massive tax evasion network in Hyderabad's biryani industry. Rs 600 crore unaccounted income detected across Pista House, Shah Ghouse, and Mehfil chains.
Income Tax Department launches campaign targeting 25,000 high-risk assessees for undisclosed foreign income & assets. Disclose by Dec to avoid heavy penalties under Black Money Act.
Income Tax Department's initiative prompts 24,678 taxpayers to disclose foreign assets worth ₹29,208 crore and foreign income of ₹1,089 crore. Learn how this compliance drive is reshaping tax transparency.