New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
Maximum 39% marginal rate of income tax applicable for these individuals in Tax Year 2026-2027Individuals and certain entities will face a maximum 39% income tax rate under the new tax regime for Tax Year 2026-2027. This Maximum Marg...
Centre waives customs duty on cotton imports till October 30Cotton imports will be duty-free from June 1 to October 30, 2026. This move by the Centre aims to increase cotton availability for India's ...
Delhi Chakka Jam live updates: Why drivers are on strike today in NCR; Check areas affected in Delhi, Noida, Gurugram, Ghaziabad and NCRDelhi Chakka Jam News: A three-day transport strike has started today across Delhi-NCR. Commercial vehicle drivers are protesting rising fu...
Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
Wipro is buying back shares at Rs 250. What your tax bill looks like depends on this factorWipro's share buy-back offers Rs 250 per share, a premium over market price. New tax rules effective April 1, 2026, treat buy-back proceeds...
Delhi government to introduce smart cards, cess portal to benefit construction workersDelhi government is introducing chip-enabled smart cards for construction workers. This initiative will streamline registration and welfare...
Indirect tax mop-up tops FY26 target, but pan masala cess misses the markIndia's indirect tax collections for fiscal year 2025-26 have surpassed the government's target. Customs, excise, and GST revenues showed s...
Pan masala manufacturers need registration under health and security cess law from Feb 1Pan masala makers must register for a new health and national security cess by February 1, 2026. Separate registrations are needed for each...
JSW Energy moves SC challenging Goa's Green Cess Act, cites legislative incompetence of stateJSW Energy has approached the Supreme Court, contesting Goa's Green Cess Act and Rules, questioning the state legislature's authority over ...
Abolished various cesses via budgets to pave way for GST: GovernmentHowever, seven cesses will continue to be levied under the Goods and Services Tax regime since they pertain to customs or goods which are n...
Rajasthan High Court rejects Cairn India claim for refund of Rs 300 crore cessA Division Bench of the HC, set aside the order of the Central Excise and Sales Tax Appellant Tribunal while allowing the appeal of the cen...
States collect Rs 27,000 crore construction cess; spend Rs 5,600 croreUnder the Building and Other Construction Workers' Welfare Cess Act 1996, realty developers are required to pay cess of 1 per cent of the t...
'State collects Rs 2,500 crore for workers, but fails to use it'The department collected the funds under the Building and Other Construction Workers’ Welfare Cess Act of 1996, a central legislation that ...
- SC upholds cess from builders for workers
Supreme Court has upheld the legality of the cess collected from the builders and contractors under the provisions of the Building and Othe...
- States sleep over building workers welfare cess funds
Fifteen years after imposition of a cess on the construction industry to fund the welfare of construction workers, only 14% of it has been ...