Page 2 of Tax

GST Council, Groups of Ministers, GST, rate rationalisation, life & health insurance, compensation cess, GST exemption, finance ministry, central government, tax collection

GST reforms before Diwali: Tax experts call it ‘timely and much-needed’ intervention

Despite global challenges, India’s macro stability, tax growth, and growth momentum remained strong, and the GST reforms, combined with stable…

August 16, 2025 11:44 IST

GDP, GDP growth, inflation, monsoon, Donald Trump, US tariff, exports, RBI, rate cut, domestic economy, CRR reduction, household consumption, expenditure, agriculture growth, GVA, construction

US tariffs fail to dent India’s FY26 GDP outlook: BofA Securities maintains projection at 6.5% – Here’s why

BofA Securities has retained India’s FY26 GDP growth forecast at 6.5 per cent despite fresh US tariffs, citing the economy’s…

August 14, 2025 14:04 IST

tax, Australian Taxation Office, Accounting, International Monetary Fund, IMF

Nudge for tax compliance

Leveraging human facets through behavioural science tools may help policymakers.

August 6, 2025 05:00 IST

DLF Cyber City Developers, DCCDL, industry, DLF, revenue

DLF’s Q1 profit rises 18%; revenue nearly up 2x

DLF posts Rs 763 crore profit in Q1FY26, up 18% YoY but below analyst estimates. Revenue nearly doubles to Rs…

August 4, 2025 21:33 IST

PwC India Forecasts 6.5% GDP Growth for FY26 Driven by Rate Cuts, Tax Relief, and Rural Demand. (Image Source: Canva)

Tax, rate cuts to help India grow 6.5% in FY26: PwC

PwC India experts predict India’s economic growth to reach approximately 6.5% in FY26, fueled by expected interest rate cuts of…

July 31, 2025 05:35 IST

mutual funds, ITR, tax, money, foreign tax credit, I-T Act, DTAA

Report foreign mutual fund holdings in ITR

Resident Indians must report foreign mutual fund holdings and other overseas assets in ITR under Schedule FA. Know how to…

July 25, 2025 19:44 IST

Akasa Air, airways, aviation, airline, Boeing, revenue

Akasa Air targets 226 aircraft by 2032

Akasa Air plans to operate 226 aircraft by 2032, backed by strong revenue growth, tech investments, and cost control. The…

July 22, 2025 23:11 IST

RBI, VRRR auctions, repo rate, Liquidity, banking, Reserve Bank of India

RBI’s VRRR auctions lift overnight rates above repo

RBI’s VRRR auctions and tax outflows pushed overnight market rates above the repo rate, with call and TREPS rates rising…

July 22, 2025 22:42 IST

Automatic Exchange of Information, AEOI, tax, money, foreign black money law

Rs 35,105-crore tax demand raised under foreign black money law

Over Rs 35,105 crore in tax demands and 163 prosecution complaints have been raised under India’s black money law till…

July 22, 2025 22:34 IST

The total valuation of the crypto market has jumped by 45 per cent to $3.3 trillion.

Income tax collections from cryptocurrencies jump to Rs 437.43 crore in FY24

India collects Rs 437.43 crore in income tax from cryptocurrency transactions in FY24, up from Rs 269.09 crore in FY23.…

Updated: July 22, 2025 21:40 IST

income tax department, health insurance, ITD, ITR, tax, money

A paper trail for tax deductions

Understand how to safely claim tax deductions under Chapter VI-A. Learn about common red flags like inflated claims, unverifiable donations,…

July 20, 2025 21:43 IST

capital gains, home loan, money, loans, tax, income tax act

You get tax benefit on top-up home loan; your queries answered

Get clarity on tax benefits for top-up home loans, education loans, and F&O trading losses. Understand deductions under Sections 24(b),…

July 18, 2025 23:15 IST

Trump halts trade talks with Canada over digital tax, warns of new tariffs; country responds

Trump’s signature ‘One Big Beautiful Bill’ narrowly clears Senate with VP Vance’s tie-breaking vote

The Senate passed the bill in a razor-thin vote, following intense backroom negotiations and public pressure from president. Trump has…

Updated: July 1, 2025 22:05 IST

GST, GST collection, GST revenue, exports, imports, GST refund, geopolitical factors, consumer spending

June GST collection drops below Rs 2 lakh crore mark

India’s gross GST collection went up by 6.2 per cent on-year for the month of June to Rs 1.84 lakh…

Updated: July 1, 2025 18:01 IST

Relief for NRIs: US Senate Lowers Remittance Tax to 1% with Key Exemptions. (Image Source: Blommberg)

US Senate draft reduces remittance tax to 1% from proposed 3.5%

In a significant move offering relief to Non-Resident Indians (NRIs), the US Senate has reduced the proposed remittance transfer tax…

June 28, 2025 21:34 IST

ITR Filing AY 2025-26: Deadline Extended to Sept 15, But Pay Tax Early to Avoid Penalties; New Capital Gains & Deduction Rules Apply. (Image Source: Financial Express)

Pay additional taxes now on FY25 income to save on interest outgo

While the Income Tax Return (ITR) filing deadline for AY 2025-26 has been extended to September 15, 2025, taxpayers are…

June 27, 2025 20:42 IST

56th GST Council Meeting: Slabs, cess and simplification – Here’s what to expect

The 56th GST Council meeting is expected to take up key issues including rate rationalisation, compensation cess, and compliance simplification.…

Updated: June 26, 2025 14:36 IST

tax demands, refunds, Nirmala Sitharaman, finance ministry, tax

Accelerate disposal of tax demands, refunds: Nirmala Sitharaman

FM Nirmala Sitharaman urges faster disposal of tax disputes, quicker refunds, and improved grievance redressal. Calls for region-wise strategies, simplified…

June 23, 2025 22:53 IST

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Markets steady in early trade: Nifty near 25,300, Sensex up 160 points

Market9 min ago

The Indian stock market started positively, following global cues and improved India-U.S. trade relations. Sensex and Nifty saw slight gains, while Nifty Bank opened lower. President Trump’s hint at reducing tariffs on China has boosted investor sentiment. Key factors to watch out for are top gainers, laggards, and technical outlook for a volatile session

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