New facility for voluntary correction The CBIC has introduced the Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025, effective November 1. This significant trade… 2 months agoNovember 1, 2025
FM says ‘Rs 6.05 lakh crore festive sales; simplified GST registration from Nov 1’: Report Finance Minister Nirmala Sitharaman announced Rs 6.05 lakh crore festive sales and said the simplified GST registration process will begin… 2 months agoOctober 24, 2025
IRS releases 2026 tax brackets – Top changes you need to know The IRS has announced new 2026 tax brackets, with inflation adjustments that could slightly lower tax bills for high earners. 2 months agoOctober 20, 2025
US tax filing deadline—Will the government extend date amid shutdown? Amid US government shutdown the IRS faces growing strain with nearly half its staff furloughed and taxpayers anxious about whether… 3 months agoOctober 13, 2025
Your queries: Electronics or vouchers received as gift not taxable Understand the income tax implications of Diwali gifts from vendors (electronics, vouchers), whether GST is included in stamp duty calculation… 3 months agoOctober 10, 2025
Centre releases Rs 1,01,603 crore advance tax devolution to states ahead of festive season Government releases Rs 1,01,603 crore as advance tax devolution to states, supporting capital spending and welfare expenditure ahead of festive… 3 months agoOctober 2, 2025
Tax Talk: Errors in ITR? Revise, rectify or update Discover the simple ways to correct errors in your Income Tax Return (ITR). This article explains three key mechanisms: filing… 3 months agoSeptember 19, 2025
Buyback tax plays spoilsport in Infosys offer Infosys’s latest buyback offer comes with a catch for many investors. Under new tax rules, the entire amount received is… 3 months agoSeptember 19, 2025
Advance tax collections see modest growth at 3.9% in Q2 India’s Q2 FY26 advance direct tax collections saw modest growth, largely due to recent income tax relief for individuals 3 months agoSeptember 19, 2025
System liquidity falls to 3-month low amid tax outflows System liquidity dropped to a three-month low of Rs 70,579 crore amid advance tax outflows, pushing overnight money market rates… 3 months agoSeptember 17, 2025
JK Tyre’s tax penalties from 27 states revised 10% lower in rectification order JK Tyre first received the tax penalty order on September 4 when the company received a show cause notice, which… 3 months agoSeptember 17, 2025
The latte illusion: The invisible tax hiding in your everyday treats From Instagram lattes to checkout snacks, invisible taxes slip into every bill. GST 2.0 promises relief, but the blind spot… 4 months ago
Higher tax on work contracts may inflate cost of oil & gas hunt Analysts believe the GST hike on oil and gas contracts from 12% to 18% will increase production costs for upstream… 4 months agoSeptember 4, 2025
‘We should be less…’: Ruchir Sharma points out at India’s tax paradox on Nikhil Kamath’s podcast He further endorsed a simpler regime, adding, “Studies have shown that a flat tax tends to be the best way… 4 months agoSeptember 3, 2025
GST reforms to reduce compliance burden and increase transparency: FM Sitharaman Sitharaman said Prime Minister Narendra Modi recently announced the creation of a Task Force for next generation reforms with a… 4 months agoSeptember 2, 2025
TAX Talk: When a tax notice keeps you awake With India’s tax system becoming more digital, individual taxpayers are increasingly receiving tax notices. This guide explains the different types… 4 months agoAugust 29, 2025
Will government implement new GST rates before Navratri season? Traders demand early respite A delay in the implementation of the revised GST rates could hurt the sales of businesses. The centre is also… 4 months agoAugust 25, 2025
How one simple tax change could unleash a Rs 37,000 crore NRI windfall for India The article analyses the impact of India’s taxation rules for Non-Resident Indians (NRIs) and how a policy change could attract… 4 months ago
