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TAXPAYER CONCERNS
Man, who refused US job offer earlier, pays over Rs 1 crore income tax, says 'I'm earning for someone else'; sparks debate- Rs 22.94 lakh LTCG for land sale of Rs 92 lakh invited tax notice; Gujarat HC ruled in her favour after 9 years fight; Know why
- Petrol could cost Rs 125/litre without ethanol blending: Government
- GSTN puts proposed e-way bill changes on hold after industry feedbackGST Network has postponed two e-way bill system enhancements. These changes were scheduled for implementation starting August 1. Industry f...30 Jul, 2026, 08.22 PM IST
- US air defence missile stockpiles depleted after recent conflict with Iran: ReportEscalating tensions with Iran have severely drained the stock of U.S. missile interceptors, notably affecting the inventory levels of Patri...29 Jul, 2026, 09.53 AM IST
- Freedom 250 Social Security card: Who qualifies for the new limited-edition SSA card and why most Americans won't receive itFreedom 250 Social Security card: The Social Security Administration is rolling out a brand-new card design. Only a select group of America...28 Jul, 2026, 05.15 PM IST
- Tax filers scramble to fix foreign asset disclosures: I-T portal data & SMS alerts prompt review of overseas holdings before July 31Taxpayers are receiving alerts about undeclared foreign assets before the July 31 deadline. The tax department has uploaded foreign asset d...27 Jul, 2026, 07.49 AM IST
- Crypto exchanges to collect tax residency, ID details of users under new CBDT frameworkIndia now requires crypto exchanges to collect user tax residency details. Digital asset intermediaries must share transaction data annuall...27 Jul, 2026, 12.42 AM IST
- Mandi House and Central Secretariat metro stations reopen amid protest-related restrictions across central DelhiEntry gates at Mandi House and Central Secretariat metro stations have reopened. This follows earlier closures due to security arrangements...24 Jul, 2026, 05.54 PM IST
- White House report says US relies too heavily on foreign STEM talent, calls for stronger domestic pipelineA recent US report advocates for minimizing dependence on international STEM graduates for national security purposes. It highlights how Am...24 Jul, 2026, 01.07 PM IST
- Tariffs alone will not produce sustainable generic medicine in US: IPAThe Indian Pharmaceutical Alliance believes tariffs alone will not build US generic drug manufacturing. Broader reforms are needed for fair...22 Jul, 2026, 07.05 PM IST
- Foreign income taxation: Employees, investors, freelancers check these aspects to prevent double taxation on same foreign income while filing ITR for AY 2026-2027Indian taxpayers earning global income face potential double taxation concerns. India's tax treaties offer relief through credits or exclus...22 Jul, 2026, 10.26 AM IST
- ITR filing 2026: CBDT takes these steps to prevent portal glitches before July 31 deadlineITR filing 2026: The government has addressed concerns regarding the income tax e-filing portal's performance. While usage has increased, t...21 Jul, 2026, 02.14 PM IST
- Americans are angry about data centers. Politicians are feeling the pressureJust down the road, though, cranes reach above towering fences at the site of a $16 billion project - one that has turned this town of 2,40...17 Jul, 2026, 08.22 AM IST
- AIS now includes foreign assets, income dataThe Income Tax Department now shows foreign asset details in annual statements. This move aims to improve voluntary tax compliance for elig...17 Jul, 2026, 12.25 AM IST
- Trump administration revives rule that could deny green cards to immigrants who use public benefitsIn a significant policy shift, the Trump administration is reinstating a rule that will directly affect green card applicants. Under the pu...16 Jul, 2026, 11.55 PM IST
- Bengaluru landowner sells 17 apartments, earns Rs 11.8 crore LTCG, pays no tax; I-T dept sends notices; he contests and wins in ITAT BangaloreLandowner sells 17 apartments, earns Rs 11.8 crore gains, paid no tax, reinvests gains into 5 properties; tax dept sent notice; he wins cas...14 Jul, 2026, 03.19 PM IST
- Presumptive taxation: Rebate to losses & deductions, what is the practical impact of changes under Income Tax Act, 2025Under the old Income Tax Act, 1961, the regime operated under three separate provisions. The new Income Tax Act, 2025 consolidates them int...13 Jul, 2026, 11.29 AM IST
- GST Tax officer can allege fraud first and prove it later, Rules Madras High Court; Why this matters to every taxpayerGST officers can now issue fraud notices with a reasonable basis. Proof of fraud is not required at the initial notice stage. Businesses mu...13 Jul, 2026, 10.32 AM IST
- ITR utility updated: New 'other income' column added under exempt income schedule; here's what it meansIncome Tax Return (ITR) filing for the assessment year 2026-2027 sees a significant update with a new 'Other Income' column under the Exemp...06 Jul, 2026, 05.36 PM IST
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