Delhi HC Quashes 2016 Tax Notices to NDTV Founders
Delhi High Court cancels 2016 income tax reassessment notices against NDTV founders Prannoy Roy and Radhika Roy concerning interest-free loans from promoter entity.
Category : GST & Taxation
Tax-Free Gifts to NRI Daughter-in-Law: Key Rules
Learn how Indian residents can gift money to NRI daughters-in-law without tax implications. Understand documentation, transfer modes, and clubbing provisions under Indian tax law.
Budget 2026: Five Tax Reforms for Ordinary Indians
As Budget 2026 approaches, taxpayers hope for simpler compliance, clearer rules, and fairer treatment. Here are five practical changes that could make India's tax system more humane and efficient.
Gold, Silver Prices Soar to Record Highs on Trade Fears
Gold and silver prices surged to all-time highs in international markets on Monday, driven by safe-haven buying as global trade tensions escalate. Spot gold rose 1.6% to $4,670.01 per ounce, while silver spiked 4.4% to $93.85 per ounce.
Tiger Global Tax Ruling: A Warning Against Retrospective Taxation
The Supreme Court's decision on Tiger Global's Flipkart stake sale tax liability raises concerns about retrospective taxation and foreign investment climate in India.
Budget 2026: Senior Citizens May Get Tax Relief, Says Expert
Deloitte India's Tarun Garg expects Budget 2026 to offer healthcare deductions for seniors, possible interest income relief, and tweaks to standard deduction, focusing on fine-tuning rather than major reforms.
Budget 2026: Tax Relief for Senior Citizens Expected
Deloitte's ED Garg suggests targeted tax measures in Budget 2026 could provide relief for senior citizens, potentially easing their financial burden in India.
Nagpur Supari Traders Raided, ₹2.5 Crore Seized
Income Tax officials conducted a rare weekend raid on areca nut traders in Nagpur, seizing ₹2.5 crore cash and scrutinizing gold jewelry. Multiple agencies may join the investigation.
India Revives Tiger Global Tax Case with Caution
The Indian government plans to reopen tax assessment against Tiger Global's Flipkart stake sale, but will proceed carefully respecting appeal rights. The case involves ₹14,500 crore capital gains.
SC Ruling Revives Tiger Global Tax Case, Investors Review
Income tax department revives assessment for Tiger Global's 2018-19 after SC order on Flipkart stake sale. Investors worry about tax planning implications.
Postal Exports Get Major Boost with New Incentives
CBIC announces export incentive schemes like duty drawback, RoDTEP, and RoSCTL will now apply to postal shipments, boosting MSME competitiveness and cross-border e-commerce.
Deloitte Expert Calls for Customs Reform and GST Fixes in Budget
Deloitte India Partner Saloni Roy says the Union Budget should address customs law gaps, rationalize duties, and support domestic manufacturing by fixing GST issues.
NPCIL 2026 Recruitment: 114 Jobs at Tarapur Plant
NPCIL has started online registration for 114 technical and administrative posts at Tarapur Atomic Power Station. Apply by February 4, 2026, through the official portal.
Platinum's 135% Surge: From Obscurity to Spotlight
Platinum prices soared over 135% in 2025, hitting multi-year highs. This rally was driven by persistent supply deficits and resilient demand, marking a major shift for the long-overlooked metal.
Pardiwala's Sovereignty Note in Tiger Global Case Reshapes Tax Treaties
Supreme Court Justice J.B. Pardiwala's separate opinion in the Tiger Global-Flipkart tax case emphasizes national sovereignty in taxation, potentially influencing future treaty negotiations and foreign investment structures.
Tax Litigation Reform Urged Over Rate Cuts in Budget 2026
Industry bodies push for resolving ₹18.16 lakh crore in pending tax appeals to unlock capital and boost investor confidence ahead of Union Budget 2026.
SC: Tiger Global's Flipkart sale to Walmart taxable in India
The Supreme Court has ruled that Tiger Global's $1.6 billion stake sale in Flipkart to Walmart is subject to Indian taxes, setting a major precedent for investors using tax treaties.
SIR Filing Deadline Extended for 3 States, 2 UTs
The government has extended the deadline for filing the Statement of Income and Revenue (SIR) for three states and two union territories, providing relief to taxpayers.
SC Rules Against Tiger Global in Walmart Tax Case
India's Supreme Court has dismissed Tiger Global's appeal in a tax case related to the Walmart-Flipkart deal, upholding a lower court's decision and setting a precedent for foreign investments.
SC: Tiger Global Must Pay Tax on Flipkart Sale
The Supreme Court overturned a Delhi High Court order, ruling that Mauritius-based Tiger Global entities are liable to pay capital gains tax in India for their 2018 sale of Flipkart shares to Walmart.
Skills Beat Degrees in Delhi Blue-Collar Hiring: Report
A recent report reveals that employers in Delhi are prioritizing practical skills over formal degrees for blue-collar jobs, signaling a shift in hiring trends.
SC: Tiger Global's $1.6B Flipkart Exit Taxable in India
Supreme Court upholds tax department's claim on Tiger Global's $1.6 billion Flipkart exit, setting aside Delhi HC judgment. Decision impacts India-Mauritius tax treaty interpretation.
Industry Demands Customs Overhaul in Pre-Budget Memo
FICCI and tax experts urge government to address customs litigation, expand advance ruling benches, and digitalize processes in Union Budget 2026-27 to support manufacturing and exports.
Budget 2026: More Tax Relief for Salaried Class?
After major tax reforms in 2025, expectations are building for Budget 2026. Will the government make the new income tax regime more attractive? Experts weigh in on possible changes.
CBDT, RBI Warn About Crypto Tax Risks and Enforcement Gaps
The CBDT has raised fresh concerns about cryptocurrency risks, aligning with RBI's stance. The warning highlights revenue risks, enforcement challenges, and India's stringent VDA tax regime.
Fix GST Input Tax Credit to Boost Investment: Ranade
Ajit Ranade argues India's upcoming budget must reform GST's input tax credit system for capital goods to revive private investment and boost economic growth.
Nagpur HC: No GST on MIDC Plot Transfers
Nagpur bench of Bombay High Court rules that businesses transferring MIDC-allotted plots to third parties do not attract GST, following Gujarat HC precedent.
New Income Tax Act 2025: Key Changes for Taxpayers
India's Income Tax Act of 1961 will be replaced by the Income Tax Act, 2025 from April 1, 2026. Learn about the simplified rules, digital processes, and how to prepare for the transition.
Direct Tax Collections Up 4.1%, Income Tax Growth Slows
India's gross direct tax collections increased 4.1% to Rs 21.5 lakh crore, with sluggish income tax growth offset by stronger corporate tax performance. Net collections rose 8.8% to Rs 18.4 lakh crore.
India's TDS System Needs Major Overhaul
India's TDS framework has become overly complex, causing cash-flow issues and litigation. Experts propose using GST data to simplify withholding taxes and reduce compliance burdens.
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