The Centre told Delhi High Court it cannot order a GST reduction on air purifiers, warning judicial intervention would breach the Constitution's basic structure. The next hearing is on January 9.
The Centre tells Delhi High Court that reducing GST on air purifiers could open a 'Pandora's box' of demands. What does this mean for consumers and manufacturers? Read the full analysis.
The Income Tax Department mandates PAN-Aadhaar linking by December 31, 2025. Failure will make your PAN inoperative and attract higher TDS. Learn the steps to link and avoid the Rs 1000 late fee.
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.
Bengaluru East City Corporation seals commercial properties over unpaid taxes. With Rs 1,673.5 crore target, only Rs 954.9 crore collected. Read about the enforcement drive.
Link your Aadhaar with PAN before December 31 to avoid a ₹1000 penalty and your PAN becoming inoperative. Follow our step-by-step guide to complete the process online.
Income Tax Dept holds refunds due to ITR discrepancies. Taxpayers get alerts days before Dec 31 revision deadline. Experts explain reasons, risks, and steps to take.
Struggling with a delayed ITR refund? Learn why refunds get stuck and follow our simple guide to check your income tax refund status online via the e-filing or NSDL portal.
Bengaluru entrepreneur Rohit Shroff announces exit from India by 2026, criticising the tax system for targeting compliant taxpayers. His LinkedIn post sparks online debate.
The Chandigarh Bench of the CESTAT ruled sunglasses are not corrective spectacles, upholding a 12.5% GST levy. The decision impacts pricing and classification for retailers and consumers.
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.
Amit Mitra, advisor to CM Mamata Banerjee, says GST has lost its purpose, strangling MSMEs with complexity. He reveals 955 notifications and a ₹2 lakh crore bleed. Read the full critique.
Madras High Court clarifies Union government grants for rehabilitation are capital receipts, not taxable revenue. Landmark ruling aids Dharmapuri milk co-op union. Read the full analysis.
BJP Punjab general secretary Anil Sarin alleges AAP government created an atmosphere of fear and loot in Punjab under GST. Claims of 16% revenue rise are deceptive, he says. Read the full details.
Delhi High Court criticizes Centre for 18% GST on air purifiers during severe pollution, calls it a 'health emergency'. Court directs GST Council to meet urgently. Read more.
Still waiting for your ITR refund? Learn why refunds fail and follow our detailed guide to raise a refund reissue request on the e-filing portal before the deadline.
Taxpayers have until January 31, 2025, to file revised income tax returns for AY 2025-26. Learn the step-by-step process and crucial rules for correcting errors in your ITR.
As ethanol blending hits 20%, India's petrol price breakdown hides key facts. We explore the dual tax system, hidden costs, and why transparent pricing for blended fuel is crucial for consumers and policy. #Ethanol #PetrolPrices
Despite a 17% sales surge, auto dealers face profit squeeze and investor flight due to unresolved GST compensation cess. Supreme Court case looms. Read the full analysis.
Delhi High Court directs GST Council to urgently reconsider 18% tax on air purifiers, calling them a necessity in the city's severe pollution emergency. Read the full story.
Delhi High Court directs GST Council to urgently meet and consider reducing GST rates on air purifiers as city battles hazardous air pollution levels. Read the latest developments.
Delhi High Court criticizes authorities for failing to provide tax relief on air purifiers during pollution emergencies. Read the full story on the court's stance for citizen health.
NRIs, learn the tax implications of being a joint holder on parents' Indian bank accounts and the online procedure to apply for a nil TDS certificate when selling property in India. Expert advice inside.
Delhi High Court questions Centre's 18% GST on air purifiers, calling clean air a basic right as city AQI crosses 350. Court hears plea to declare them medical devices.
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.
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.
Discover Taiwan's ingenious receipt lottery system, turning tax compliance into a national game since 1951. Learn how it works and why Indians are calling for its adoption.
As 2024 ends, a 'Secret Santa' emerges in India's tax data. Discover the surprising trends in last-minute ITR filings and what they reveal about financial behavior. Read the full analysis now!
Thousands face delayed income tax refunds as I-T Dept's 'NUDGE' campaign flags discrepancies. Learn why refunds are stuck, the new December 31 deadline for revised returns, and what taxpayers must do.
Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.