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DIRECT TAX VIVAD SE VISHWAS BILL
Sarbananda Sonowal in Nagaon urges voters to reject opposition's 'divisive politics'In Nagaon, Union Minister Sarbananda Sonowal rallied support for BJP-NDA candidate Devasish Sarma, highlighting the achievements of the gov...- Could you claim full Social Security at 60? New bill targets blue-collar workers — here’s who may qualifySocial Security faces an impending financial wall. Most lawmakers looking at the math suggest raising the retirement age to keep the trust ...
- Grain trader deposited Rs 5.2 crore cash in bank, filed ITR declaring Rs 7.65 lakh income, got unexplained deposit income tax notice; won case in ITAT Delhi for this reasonWhen Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs...
- Rs 9.91 lakh income tax refund for senior citizen after proving that he mistakenly paid income tax on tax-free bonds; ITAT Delhi order explainedMr Ajay Kumar Bakaya a senior citizen from Gurgaon faced a significant tax issue when he accidentally overpaid income tax on his tax-free b...
- Brother-in-law caught with Rs 4.34 lakh worth of foreign currency; income tax officer sends notice; he wins case in ITAT Delhi with help from sister-in-lawA brother-in-law got into trouble when he was found with Rs 4.34 lakh in foreign currency. A tax officer sent him a notice about it. But, t...
- ALPA India seeks tax relief for pilots in FY28 BudgetALPA India has called for tax relief measures to address the ongoing attrition of Indian pilots. The organization argues that the current t...
- Man paid lower income tax by setting off business loss against long term capital gains but received income tax notice; wins case in ITAT DelhiMan pays lower income tax by setting off business loss with long term capital gains but gets income tax notice; Wins case in ITAT Delhi. IT...
- IRDAI insurance commission curbs: Why the industry is facing a reckoningThe IRDAI's move to tighten commission caps in India's insurance sector has sparked considerable attention. Despite previous regulatory att...
- Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...
- She left IAF after 10 years to support family, then lost husband in MiG-21 crash; Supreme Court backs her reinstatementAfter leaving the Indian Air Force in 2013 to support her family, Squadron Leader Priyanka Saxena sought a return to service after her husb...
- Fruit seller deposited large amount of cash in bank, got income tax notice of unexplained income; won case in ITAT Bangalore for this reasonIn Bangalore, Mr. Ramachandrababu found himself facing an income tax notice over unexplained cash deposits in his bank account. However, hi...
- National Traders’ Welfare Board pushes centralised loan portal, faster MSME creditThe Board called for stronger coordination between the Centre and states to address issues faced by traders and improve the implementation ...
- McNally Bharat: ED probes 'backdoor return' of old power network via IBCEnforcement Directorate has traced ₹105 crore of cash infusion to McNally Bharat Engineering from Vishwa Group entities. The funds moved th...
- 'Chintan Shivir': Council of Ministers maps strategy for 100 pc saturation of welfare schemesDuring the Chintan Shivir, ministers prioritized achieving extensive outreach for government schemes aimed at eligible beneficiaries. Key d...
- US Social Security bill: Lawmaker wants full retirement benefits at 60 for workers in physically demanding rolesRepresentative Haley Stevens introduced a bill to allow workers in physically demanding jobs to retire at 60. Currently, the full retiremen...
- PM Modi holds ministers' camp for mid-term stocktaking of workThe broader themes identified include governance, Jan Vishwas se Jan Aadhaar, delivery, women, youth and effective communication. The remai...
- 'Chintan Shivir' discusses governance, reforms, outreach to youth and women on Day 1The Modi government's council of ministers convened for a comprehensive four-hour meeting to assess governance and welfare programs. Eight ...
- India's net direct-tax collections rise 13% to Rs 12.10 lakh crore on strong advance-tax growthIndia's net direct-tax collections saw a nearly thirteen percent rise. Advance tax payments grew over sixteen percent, boosting overall col...
- India's net direct tax collections rise 13% to Rs 12.1 lakh crore till September 17 of FY27India’s net direct tax collections rose 12.96% year-on-year to Rs 12.12 lakh crore as of September 17, government data showed. Gross collec...
- No more tax wishlists? FM Sitharaman asks experts to make the case for what should goFinance Minister Nirmala Sitharaman urged tax professionals and industry bodies to move beyond demands for exemptions and rate cuts, asking...
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