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GURGAON INCOME TAX SURVEY
Income tax department survey reveals large-scale property scam in Gurgaon; 25,000 properties linked to fictitious PANAn Income Tax department survey in Gurgaon's Badshahpur tehsil unraveled that a single fictitious Permanent Account Number (PAN), 'ABCDEF12...09 Oct, 2026, 06.53 PM IST- Good news: If penalty is imposed for misreporting of income or other cases you can apply for waiver of penalty using revised Form 161; Check the detailsOn October 8, 2026, the Central Board of Direct Taxes introduced a revised Form 161 for taxpayers. This new form allows eligible individual...09 Oct, 2026, 06.22 PM IST
- Even Americans earning over $300,000 live paycheck to paycheck: Goldman Sachs survey reveals a retirement savings crisisGoldman Sachs' latest survey uncovers a surprising trend: many high-income earners are struggling to make ends meet, living paycheck to pay...09 Oct, 2026, 02.34 PM IST
- I-T dept moves appellate tribunal against Rs 32.66-cr tax relief to Dr Lal PathLabsDr Lal PathLabs, in a regulatory filing, said that it received an intimation on Wednesday regarding an appeal filed by the I-T Department b...09 Oct, 2026, 12.29 AM IST
- Paying off student loans? Deduct up to $2,500 in interest on your 2026 return, but watch the income limits that could cut it off earlyStudent loan borrowers may get a valuable tax break in 2026. The IRS still allows eligible taxpayers to deduct up to $2,500 in student loan...08 Oct, 2026, 11.35 PM IST
- Digital nomads take note: The $132,900 foreign earned income exclusion for 2026 could wipe out tax on overseas income, here's the catchFor Americans earning money while living and working abroad, one of the biggest 2026 tax changes is the higher foreign earned income exclus...08 Oct, 2026, 10.31 PM IST
- Urban households feel the pinch as jobs, prices raise economic worriesMore than 54 percent of urban households believe that economic conditions have worsened over the past year. Concerns regarding employment a...08 Oct, 2026, 02.40 PM IST
- US tax savings 2026: What are the best ways taxpayers can use to potentially lower their tax bill? Know the rulesWhen it comes to taxes, what you end up paying really depends on things like your income, financial goals, and how you file. Luckily, there...07 Oct, 2026, 10.03 PM IST
- Do you have to pay tax in India or abroad? Why your residential status is important factorIndividuals earning income abroad must understand their tax residency status according to the Income Tax Act. The Act outlines conditions b...07 Oct, 2026, 10.10 AM IST
- Gurgaon woman spends over half her salary on rent to live 4 minutes from work: ‘I am putting my 20s money on myself’Shakti Dharni Pandey, a resident of Gurgaon, allocates over half of her income towards rent. Her choice to live near her workplace minimize...06 Oct, 2026, 11.33 PM IST
- Skip the raise? Some employers are boosting health benefits instead to save on payroll taxes in 2026, and workers are taking notice nowPayroll taxes make wage increases expensive for small businesses. To cut tax overhead in 2026, many employers are expanding health coverage...06 Oct, 2026, 10.32 PM IST
- Expecting a bonus, stock compensation or property sale in 2026? Check your withholding before a surprise tax bill in 2027A bonus, stock compensation or property sale can change your 2026 tax picture. Here’s what taxpayers should know about withholding, estimat...05 Oct, 2026, 11.06 PM IST
- Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these groundsMrs Chudamasa’s counsel argued that the AO had erred in treating Rs 2,31,20,000 as investment made during financial year 2017-18. He submit...05 Oct, 2026, 04.03 PM IST
- Rs 85.3 lakh cash gifts from relatives deposited in bank trigger unexplained deposit income tax notice; taxpayer contests and wins case in ITAT ChennaiMr Amirtharaj from Thygarayanagar, got Rs 85.03 lakh cash gifts from his sister’s husband, uncle and other relatives, he deposited this cas...05 Oct, 2026, 03.52 PM IST
- Son sells ancestral land for Rs 8 crore, buys 2 more properties; gets income tax notice but wins at ITAT Chandigarh: Know whyA family from Panchkula owned some ancestral land in a village. A member of this family sold his share of the the said land for Rs 8 crore ...05 Oct, 2026, 03.48 PM IST
- Property bought for ₹1.23 crore, its market value rose to ₹1.46 crore: Why ITAT Kolkata gave homebuyer ₹11.35 lakh tax reliefA recent ITAT ruling highlights a crucial tax issue for property buyers: an increase in stamp duty value between the agreement and registra...01 Oct, 2026, 10.27 AM IST
- Groom gets Rs 10 lakh cash and gold jewellery from wedding guests. Now he has to keep record of these gifts. But why?A wedding gift of ₹10 lakh in cash sounds like a reason to celebrate, but one woman's post about her cousin's gift has sparked a very diffe...29 Sep, 2026, 05.11 PM IST
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