Silver crosses Rs 1.85 lakh on MCX for the first time; gold surges past Rs 1.28 lakh

Why IndiGo’s operations came under strain: DGCA issues special approvals, Govt reviews situation — Key takeaways

IndiGo flight crisis: Railways add 116 extra coaches across 37 trains — Check full list

Yogi Govt to launch ‘One District, One Cuisine’ in major branding push for UP’s culinary heritage

Vidya Wires IPO Allotment: Check your application status with easy steps and direct link

RBI grants ‘In-principle’ Approval to Fino Payments Bank Limited for conversion into a Small Finance Bank — what it means for customers

Meesho IPO Allotment: Here's how to check your status online step-by-step with direct link

IndiGo Cancels 1,000+ Flights: CEO Pieter Elbers apologises, says normalcy expected between December 10–15

'Health Security Se National Security Cess Bill' passed in Lok Sabha: Key things to know

RBI's answer to rising pending complaints against banks & NBFCs: 10 things to know

Don't assume that all transactions between spouses are tax-free. There are some nuanced rules to be aware of, especially when it comes to gifts, investments, and rental income. In this video, we'll break down the key tax implications to keep in mind when dealing with your spouse financially.

Income Tax Tips: What Are The Tax Regulations On Transaction Between Spouses

State-run oil marketing companies Indian Oil Corporation (IOC), Bharat Petroleum Corporation, and Hindustan Petroleum Corporation have revised the prices of commercial 19kg LPG cylinders by up to Rs 101.5 each in the four Indian metros.

New rules come into effect today, November 1, 2023: LPG, ATF, BSE, and other important rules

Billionaires' personal tax in the United States is estimated to be close to 0.5% and as low as zero in otherwise high-tax France, the Observatory estimated.

Global billionaire tax could yield $250 billion annually, study says

GST Council Meeting:&nbsp;Chhattisgarh Deputy Chief Minister T S Singh Deo, who is a member of the GST Council, said extra neutral alcohol (ENA) for industrial use will continue to attract Goods and Services Tax (GST).

GST Council decides to cut tax on molasses to 5% 

The law committee has recommended adopting valuation rules in line with safe harbour rules under the Income Tax Act for providing corporate guarantees.

GST Council likely to levy 18% tax rate on corporate guarantees for loans

The fitment committee of the Goods and Services Tax (GST) Council, at a meeting, rejected the industry request for reducing the GST rate on lithium-ion batteries for electric vehicles from 18 per cent to 5 per cent.

GST panel refuses to cut tax rate on batteries for EVs

On August 11, the Lok Sabha, during its final session of the monsoon season, passed amendments to two Goods and Service Tax (GST) laws with a voice vote and minimal debate.

Centre notifies amendments in GST laws, to tax 28% on online gaming, casinos from today

Karnataka government promulgates ordinance to impose 28% tax on online gaming

PwC Australia said on Wednesday it would adopt, and in some cases already had, the report's 23 recommendations, which include appointing an external chief risk officer, revamping firm culture, and linking partner pay to ethical behaviour.

PwC Australia gave clients other than Google confidential tax info

Real-estate investors can save a sizable portion of their profits by referring to the tax exemptions in Section 54 and Section 54F of the Income Tax Act.

How investment in real estate can help you save taxes

Money Guru: Is there tax on gifts from parents also? Is money received in marriage also tax free? Know the answers to all the questions in today's video.

Money Guru: What are the tax rules on gifts? Know which gifts attract tax

The GST council has set up a grievance redressal portal. Customers and taxpayers can lodge their complaints or seek answers to their GST-related issues using this platform.

GST: Someone charging GST illegally? Here's where you can report it

A fake GST bill is generated by scammers to dupe businessmen and customers, even without any actual supply of goods or services or GST payment. It is basically generated for various fraudulent reasons like tax evasion.

GST: How to identify a fake GST invoice and report it?

Engaging in secondary employment, or moonlighting, isn't unlawful or against the tax laws. Individuals who've misreported their earnings, sometimes hiding sums even double the amount earned from their primary job, are under scrutiny of the I-T department.

ITR: What is moonlighting? Why it is under the Income Tax Department’s scanner

Nearly 10 per cent of taxpayers took no advantage of the Section 80C deductions. Only 55 per cent of taxpayers fully utilised the Rs 1.5 lakh deduction limit, with another 10 per cent claiming the deductions between Rs 1 to Rs 1.5 lakh.

ITR Filing Trend Report: 85% taxpayers opted for old tax regime and other key details

The trust in developmental works among tax paying people has increased and because of that the number of taxpayers is also going up, Modi said.

PM says his government changed perception that tax paid by citizens is squandered in corruption

Section 80C of the Income Tax Act, 1961, is one of the most commonly used sections for claiming tax deductions. Under Section 80C individuals can claim deductions for certain investments and expenses. These included investments in pension schemes, PPF and life insurance, among others.&nbsp; &nbsp;

Income Tax Return: Is government planning to increase Section 80C deduction limit? Here’s what we know 

While many basic deductions that resident Indians are eligible for are not available for NRIs, they can save on taxes in many different ways.&nbsp;

How NRIs are taxed and what they can do to save taxes

Wrong bank account details shared while filing Income Tax Return (ITR) can cause delays in receiving the tax refund. Ahead of the July 31 deadline of filing ITR, taxpayers can rectify the error and update their bank account details online through the e-filing portal of the Income Tax Department.&nbsp; &nbsp;

ITR Filing: Have you filed wrong bank account details in income tax return form? Here's how to correct it

The number of people filing income tax returns (ITR) in India has grown by over 32 per cent in the past five financial years, the Parliament was informed on Tuesday.

ITR filers grow by 32% in 5 years: Government

If you file your ITR after the deadline, you need to pay a penalty of up to Rs 5,000 and may face some other consequences.

ITR Filing 2025: What happens if you miss filing your income tax return before the deadline? Penalty and other things to know

With 100 per cent FDI permitted under the automatic route in shipping and shipbuilding, and fiscal incentives offered by the International Financial Services Centre (IFSC) at GIFT City, India presents a compelling case for global maritime investors, a top government official has said.

India presents a compelling case for global maritime investors: Government

 Professional tax is a tax that is charged by the state's commercial tax department on people who earn a salary in that state. Employers are responsible for deducting this tax from employees' salaries before paying them. Since this tax is set by each state, the rules, rates, and deadlines vary from state to state. Different income groups are required to pay different amounts of professional tax. People living in Union Territories do not have to pay this tax.

Professional Tax Explained: Meaning, TDS Differences & States That Impose It | Personal Finance 

In the current assessment year (2024-25) till February 28, around 464,000 updated ITRs have been filed and taxes of Rs 431.20 crore paid, the minister said.

 Centre mops up extra Rs 9,118 crore as 9 million taxpayers file updated ITRs

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Income Tax Tips: What Are The Tax Regulations On Transaction Between Spouses

New rules come into effect today, November 1, 2023: LPG, ATF, BSE, and other important rules

Global billionaire tax could yield $250 billion annually, study says

GST Council decides to cut tax on molasses to 5%

GST Council likely to levy 18% tax rate on corporate guarantees for loans

GST panel refuses to cut tax rate on batteries for EVs

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Why IndiGo’s operations came under strain: DGCA issues special approvals, Govt reviews situation — Key takeaways

IndiGo flight crisis: Railways add 116 extra coaches across 37 trains — Check full list

Yogi Govt to launch ‘One District, One Cuisine’ in major branding push for UP’s culinary heritage

Vidya Wires IPO Allotment: Check your application status with easy steps and direct link

RBI grants ‘In-principle’ Approval to Fino Payments Bank Limited for conversion into a Small Finance Bank — what it means for customers

Meesho IPO Allotment: Here's how to check your status online step-by-step with direct link

IndiGo Cancels 1,000+ Flights: CEO Pieter Elbers apologises, says normalcy expected between December 10–15

'Health Security Se National Security Cess Bill' passed in Lok Sabha: Key things to know

RBI's answer to rising pending complaints against banks & NBFCs: 10 things to know

Centre notifies amendments in GST laws, to tax 28% on online gaming, casinos from today

Karnataka government promulgates ordinance to impose 28% tax on online gaming

PwC Australia gave clients other than Google confidential tax info

How investment in real estate can help you save taxes

Money Guru: What are the tax rules on gifts? Know which gifts attract tax

GST: Someone charging GST illegally? Here's where you can report it

GST: How to identify a fake GST invoice and report it?

ITR: What is moonlighting? Why it is under the Income Tax Department’s scanner

ITR Filing Trend Report: 85% taxpayers opted for old tax regime and other key details

PM says his government changed perception that tax paid by citizens is squandered in corruption

Income Tax Return: Is government planning to increase Section 80C deduction limit? Here’s what we know

How NRIs are taxed and what they can do to save taxes

ITR Filing: Have you filed wrong bank account details in income tax return form? Here's how to correct it

Top News

Silver crosses Rs 1.85 lakh on MCX for the first time; gold surges past Rs 1.28 lakh

Why IndiGo’s operations came under strain: DGCA issues special approvals, Govt reviews situation — Key takeaways

IndiGo flight crisis: Railways add 116 extra coaches across 37 trains — Check full list

Yogi Govt to launch ‘One District, One Cuisine’ in major branding push for UP’s culinary heritage

Vidya Wires IPO Allotment: Check your application status with easy steps and direct link

RBI grants ‘In-principle’ Approval to Fino Payments Bank Limited for conversion into a Small Finance Bank — what it means for customers