TDS Mandatory on Property Purchase from NRI Seller
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.
Category : GST & Taxation
PAN-Aadhaar Linking Deadline: Dec 31, 2025
Link your PAN with Aadhaar by December 31, 2025, to avoid penalties and an inoperative PAN. Learn the steps, fees, and consequences of missing the deadline.
Dec 31 ITR Deadline: 70 Lakh Returns Unprocessed
Thousands face tax refund delays as the Dec 31 deadline for revised ITR filing nears. The income tax department has yet to process 70 lakh returns for AY 2025-26. Act now to avoid higher penalties.
Govt's 2025 Reform Agenda: GST 2.0, Tax Slabs, Labour Codes
The Indian government has outlined a major outcome-driven reform agenda for 2025, focusing on GST 2.0, rationalized income tax slabs, and implementing new labour codes. Explore the key changes.
I-T Dept Seizes Lulu Mall Lucknow Bank Account for Tax Default
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.
PAN-Aadhaar Link Deadline Dec 31, 2025: Avoid Penalty
The Income Tax Department's deadline for linking PAN with Aadhaar is December 31, 2025. Failure will render your PAN inoperative, disrupting tax filings and financial transactions. Learn how to link and verify status.
₹125 Crore Unreported Deposits Found in Nagpur Credit Society
Income Tax authorities detect over ₹125 crore in unreported deposits at Nirmal Ujjwal Credit Cooperative Society in Nagpur, violating SFT rules. Details of the major compliance failure inside.
Check PAN-Aadhaar Link Status Before Dec 2025 Deadline
Is your PAN card active? Learn two instant methods to check PAN-Aadhaar link status without login. Avoid penalties and service disruptions before the December 31, 2025 deadline.
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.
PAN-Aadhaar Link Exemptions: Who Doesn't Need to Comply?
Confused about PAN-Aadhaar linking? Not everyone must link. Learn the key exemptions for NRIs, seniors, and residents of specific states under Income Tax rules.
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?
How to Declare US RSUs in Your Income Tax Return
Chartered accountant Mahesh Nayak received a tax notice for undisclosed foreign assets. Learn how to correctly declare US RSUs in your ITR, including cost vs. current value and filing a revised return.
Income Tax Dept Sends Blunt Emails, Pauses Refunds
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.
PAN-Aadhaar Link Final Deadline: Dec 31, 2025
The Income Tax Department has set December 31, 2025, as the final deadline to link PAN with Aadhaar. Avoid a ₹1000 fine and an inoperative PAN. Follow our step-by-step guide to link now.
PAN-Aadhaar Link Deadline Dec 31: Check Status Guide
Link your PAN with Aadhaar by December 31, 2025, to prevent it from becoming inactive. Follow our step-by-step guide to check your linking status online easily.
Link PAN-Aadhaar by Dec 31, 2025 to Avoid Penalties
The deadline to link PAN with Aadhaar is December 31, 2025. Failure will make your PAN inoperative, blocking refunds, increasing TDS, and halting key financial transactions. Act now to avoid consequences.
Hyderabad IT Dept Attaches ₹2,002 Cr Benami Land
Hyderabad's Benami Prohibition Unit attaches 282 acres worth ₹2,002 crore linked to ex-Sanghi Industries promoters. Probe reveals SEBI norm violations & shareholder fraud. Read the full investigation details.
ED attaches Rs 17 crore property in Sirsa VAT scam
The Enforcement Directorate has attached properties worth Rs 17 crore linked to the Sirsa VAT scam. The case involves massive tax evasion through fake firms. Read the full details of the investigation here.
GCCI seeks GST late fee waiver for FY 2024-25
Goa Chamber of Commerce requests FM Nirmala Sitharaman to waive late fees for GSTR-9 & 9C filing, citing delayed portal release and complex changes. Read the full story.
FICO Slams Punjab Govt Over Stalled GST Refunds
Ludhiana's FICO demands urgent release of pending GST refunds, citing severe financial strain on manufacturers due to Punjab government delays. Industry warns of protest.
Rs 60 Lakh Unaccounted Cash Seized in Coimbatore
Coimbatore police seized Rs 60 lakh unaccounted cash from a two-wheeler rider from Maharashtra. The man was intercepted during a routine check near Selva Chinthamani Tank. Read the full details.
Govt to HC: Judicial GST direction violates Constitution
Centre tells Delhi High Court that directing a GST cut on air purifiers would breach separation of powers. Hearing on PIL seeking reduction from 18% to 5% adjourned to Jan 9.
IndiGo to Contest ₹13.28 Lakh GST Penalty Order
IndiGo faces a GST penalty of over ₹13 lakh for FY 2021-22. The airline disputes the ruling and plans legal action, stating no major financial impact. Read details.
MCG seals 6 Gurugram properties over ₹2 crore tax dues
MCG intensified its property tax crackdown, sealing six properties with ₹2 crore dues. The action spurred compliance, leading to ₹7 crore in same-day collections. Commissioner warns of continued action.
IndiGo fined Rs 13 lakh for GST issues in Punjab
Punjab's tax department imposes a penalty of over Rs 13 lakh on IndiGo for GST-related discrepancies for FY 2021-22. Details on the penalty and airline's response inside.
Last Date to Link PAN with Aadhaar is Dec 31, 2025
The Income Tax Department mandates PAN-Aadhaar linking by December 31, 2025. Non-compliance will render your PAN inoperative. Follow our step-by-step guide to complete the process now.
Centre Opposes GST Cut on Air Purifiers in Delhi HC
The Central government has opposed a plea to reduce GST on air purifiers, arguing it's a 'calculated' move. The Delhi High Court will hear the matter next in February 2026.
Gold Rules for ITR Filing: Weight Matters, Not Price
Filing a belated or revised ITR for FY24-25? Know the crucial CBDT rules on gold holdings. Learn the exempted limits per family member and avoid seizure risks. Act before Dec 31, 2025.
Govt Defers GST Cut on Air Purifiers After Delhi HC Hearing
The Centre has deferred lowering GST on air purifiers, citing a detailed statutory process. The Delhi High Court, however, questioned the high cost and highlighted nationwide public health implications of air pollution.
Delhi HC Asks Centre for Reply on GST Cut for Air Purifiers
Delhi High Court grants Centre 10 days to respond to a petition seeking reduced GST on air purifiers, crucial for combating the capital's severe pollution. Next hearing on January 9.
Page 14 of 23