Discover how digital flexi-benefit cards are revolutionizing salary structures in India. Employees save taxes while employers reduce compliance burden. Learn about tax-free allowances and smart salary packaging.
India's finance ministry modernizes Capital Gains Account Scheme with digital deposits, SEZ benefits, and mandatory e-closure starting 2027. Simplified compliance for taxpayers and NRIs.
SBI's Soumya Kanti Ghosh reveals India's GST collections could double to Rs 4-5 lakh crore monthly by closing tax loopholes. Discover the growth trajectory and future projections.
Indian professionals holding US stocks or ESOPs face up to 40% US estate tax risk. Learn how to protect your family's inheritance from cross-border taxation.
Income Tax refunds filed by Sept 16 are eligible for 0.5% monthly interest. Learn how to check your refund status online and the top reasons for delays. Act now to resolve issues.
India's GST revenue growth is expected to surge to 10% in November, recovering from an October slowdown caused by September's historic tax reforms. The government anticipates sustained buoyancy.
Government doubles fitness test fees for vehicles over 20 years old. Learn how this impacts car, bike & commercial vehicle owners and new testing procedures.
CBDT Chairman Nitin Gupta announces new income tax rules under Section 145A and updated ITR forms to be notified by January 2025. Learn how these changes affect taxpayers.
Despite GST rate reductions, India's apparel and footwear sectors saw disappointing festive sales due to weak consumer spending, erratic weather, and tax transition issues. Learn why the expected consumption boost didn't materialize.
Thousands of Indian taxpayers await income tax refunds past Sept 2025 deadline. CBDT Chairman reveals enhanced scrutiny of deductions. Learn about interest claims and resolution steps.
CBDT Chairman Ravi Agrawal announced the new Income Tax Act 2025 forms will be notified by Jan 2026, giving taxpayers ample preparation time before the April 1 implementation.
CBIC Chairman Sanjay Kumar Agarwal inaugurates innovative GST Customs Pavilion at 44th India International Trade Fair, showcasing digital transformation in tax administration. Discover the future of taxation!
Learn how interest and dividends from inherited fixed deposits and shares are taxed during legal transfer delays. Essential tax compliance guide for legal heirs in India.
TrackAse introduces AI-enabled GST litigation management platform to streamline tax dispute resolution. Transform how businesses handle GST compliance efficiently.
Delhi GST authorities uncover massive ₹645 crore fake input tax credit scheme, arrest key operator. Learn how the sophisticated fraud was detected and prevented.
Discover how to file revised income tax return for FY 2023-24 until December 31, 2025. Learn about Section 139(5), common errors, and difference between revised and updated returns.
Sold a property in March 2024? Learn the tax implications if you don't buy a new house. Will the new 12.5% LTCG rate apply or the old 20%? Get expert insights.
India's new tax rule makes share buybacks fully taxable for shareholders. Experts warn it could reduce payouts and hurt market confidence. Learn about the global context and potential solutions.
Facing an Income Tax notice after buying property? Learn why scrutiny is increasing, how to respond effectively, and expert tips to avoid penalties. Act now for financial peace.
India's net direct tax collection surges 7% to over ₹12.9 trillion for the current fiscal year, while refunds see a significant 17.7% decline. Get the full details on this economic boost.
Two men from Uttar Pradesh arrested for a massive GST refund fraud of Rs 3.42 crore using fake firms and forged documents. Police uncover a web of 85 fictitious companies.
Planning to donate ₹5 lakh to German Red Cross? Understand TDS, DTAA benefits, and TCS implications under LRS for foreign charitable contributions from India.
A Maharashtra-based company linked to Parth Pawar receives Rs 42 crore GST demand notice from tax authorities. Learn about the case details and implications.
A Maharashtra-based company faces a Rs 42 lakh GST notice for services provided during Parth Pawar's political event. Learn about the tax implications and legal proceedings.
Bollywood star Aishwarya Rai Bachchan emerges victorious in ₹4 crore tax dispute with Income Tax Department. ITAT rules in her favor citing procedural lapses. Read full details.
Comprehensive analysis of green tax implementation in Indian hill states. Learn how this environmental fee affects tourists and local ecology. Understand the policy's impact now!
India's auto industry hits record sales after GST reduction on two-wheelers and cars. Discover how tax cuts boosted demand and what it means for the economy.
DGGI arrests Nilesh Yogesh Jagiwala for a massive Rs 325 crore GST fraud using 105 shell companies. Uncover the sophisticated virtual network and evidence seized. Read the full investigation details.
India takes pioneering role in global tax policy transformation for digital economy. CBDT Joint Commissioner reveals India's leadership at UN tax cooperation meeting. Read more.
Jharkhand finance minister Radhakrishna Kishore expressed dissatisfaction over poor revenue collection, directing officials to accelerate recovery efforts to meet Rs 26,500 crore target.