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DIRECT TAX VIVAD SE VISHWAS BILL
From being a trust to gaining trust: AIFs call for switch to LLP modelIndia's private equity and venture capital sector is pushing for a crucial structural change to attract more foreign investment. The indust...- West Bengal Cabinet clears panel to examine UCC BillWest Bengal's cabinet has greenlit a committee, led by retired Justice Ranjana Prakash Desai, to scrutinise the draft Uniform Civil Code Bi...
- Finance Bill passed 'hurriedly' to give tax benefits to liquor cos: Kerala LoP VijayanLeader of Opposition Pinarayi Vijayan accused the UDF government of hastily passing the Finance Bill to benefit liquor companies through ta...
- Overcharged Rs 67 on shoe MRP, Bata ordered to refund student, pay Rs 2,000 compensation. Here's what happenedA law student's Rs 67 overcharge on shoes led to a significant ruling against Bata India by the Kerala Consumer Commission. The retailer wa...
- Kerala Assembly: LDF boycotts proceedings over Finance Bill's Subject Committee bypassKerala's Assembly witnessed a boycott by the LDF opposition after the Speaker disallowed their objection to the Finance Bill. The oppositio...
- German engine maker Everllence SE in talks for Indian manufacturing of two-stroke engines for shipsGerman marine engine giant Everllence SE is eyeing India for local manufacturing of its two-stroke engines for large commercial ships throu...
- LPG Gas Rate Today: Check domestic 14 KG cylinder price today in Delhi, Mumbai, Chandigarh, Hyderabad, Bengaluru and other citiesLPG Cylinder Price Today: Good news for consumers as state-run oil companies have revised LPG prices for July 2026. While domestic cylinder...
- Government extends CBDT chief Ravi Agrawal's tenure by 6 monthsRavi Agrawal, Chairman of the Central Board of Direct Taxes (CBDT), has received a six-month tenure extension, keeping him in the role unti...
- French Proverb of the Day: ‘Those who resemble each other…’ Popular saying on mutual interests and understandingA timeless French proverb beautifully explains our innate tendency to connect with like-minded individuals. This saying underscores how sha...
- ITR filing season AY 2026-27: Received Section 143(2) notice for AY 2025-26? What it means and how to respondAs Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why ta...
- Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...
- West Bengal assembly passes 4 key bills including anti-social activities lawWest Bengal Assembly passed four significant bills, including one to control anti-social activities and public property destruction. Amendm...
- Bengal assembly passes bill proposing preventive detention of anti-socials for up to 12 monthsWest Bengal has enacted a new law, the Public Safety and Control of Anti-Social Activities Bill, 2026, allowing for preventive detention of...
- Ram temple donation row: SC refuses urgent hearing on plea seeking fair probeThe Supreme Court has deferred an urgent plea seeking a time-bound probe into alleged embezzlement of Ram temple donations. Justices M M Su...
- Bengal set to table UCC, public safety bills today in AssemblyWest Bengal is set to introduce a Uniform Civil Code Bill, aiming to replace religious personal laws with a single set for all citizens, pr...
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
- Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
- CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reformsIndia's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures....
- Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...
- Taxman to track slipping sectors & top tax payersThe communication, dated June 16, a copy of which was seen by ET, also mandated each zone to submit a report to the Directorate of Tax Rese...
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