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.
Category : Search result: tourist tax
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.
Kerala's Rs 5 Crore Veli Tourist Centre Unused Since 2019
A Rs 5 crore tourist facilitation centre at Veli, Thiruvananthapuram, remains unused for 5 years due to lack of water and power. Locals urge govt to open it for summer crowds.
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.
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.
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
Tourist trains crash near Machu Picchu, 1 dead
A tragic head-on collision between two tourist trains en route to Machu Picchu in Peru has resulted in one fatality and left around 30 people injured. Get the latest updates on this developing story.
Nandi Hills Tourist Entry Banned by Karnataka Government
Karnataka government bans tourist entry to Nandi Hills due to safety risks from heavy rain and landslides. Officials cite dangerous conditions and urge public cooperation. 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.
Japanese Tourists Harassed at Varanasi Ghat on Christmas
A viral video shows Japanese tourists in Santa outfits harassed at Varanasi's Dashashwamedh Ghat on Dec 25. Netizens and politicians slam the incident, raising safety concerns for foreign visitors.
Jaipur, Udaipur, Jaisalmer Gridlocked by Tourist Surge
Rajasthan's top tourist destinations faced severe traffic chaos this Christmas due to a 23% visitor surge. Read how it impacted locals and tourists, and what authorities did.
Jaipur Boosts Traffic Force for New Year Tourist Influx
Jaipur traffic police deploy 300 officials from neighboring districts to manage expected heavy tourist traffic on New Year's Day and weekend. New domestic tourist trends noted.
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.
NITI Aayog Wants to Decriminalise Income Tax Offences
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?
Global Cities Fight Overtourism with Taxes & Caps
From Venice to Barcelona, cities worldwide are imposing tourist taxes, visitor caps, and rental bans to combat overtourism and protect local life. Discover the new travel rules.
Lucknow's New Digital Property Tax System Boosts Transparency
Lucknow Municipal Corporation launches Property Tax Management System (PTMS) for transparent, digital assessment. Ends harassment, ensures accurate calculation. Learn how it affects you.
French Tourist Injured, Stranded for 2 Days at Hampi
A 52-year-old French tourist suffered critical injuries after a fall at Hampi's Mahanavami Dibba. Stranded for nearly two days, he was rescued by police and ASI officials. Read about the safety concerns raised.
Injured French Tourist Rescued in Hampi After Two Days
A French tourist sustained grievous leg injuries in Hampi, Karnataka, and was rescued after two days. Local farmers found him in a banana plantation. Read the full story of survival.
Brockman estate pays $750M in tax fraud settlement
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.
New Simplified Income Tax Act 2025 Takes Effect April 1
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.
New Tax Regime: PPF Holds Ground, ELSS Loses Appeal
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.
ITR Processing Deadline: CPC Must Finish by Dec 31, 2026
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
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