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INDIA DIRECT TAX COLLECTIONS
Daayra box office collection day 1: Kareena Kapoor Khan, Prithviraj Sukumaran's cop thriller records lowest opening, earns Rs 90 lakhDaayra, starring Prithviraj Sukumaran and Kareena Kapoor Khan, opened slowly at the box office. This film's opening is lower than Kareena K...- 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...
- Million dollar mistake: A 24-cent stamp became one of America’s rarest due to a printing error. It turned the stamp into a collector’s prize worth $2 millionThe 1918 “Inverted Jenny” stamp was originally sold for just 24 cents, but a printing mistake left the Curtiss JN-4 airplane upside down. O...
- Hanuman Ansh vs Mirzapur The Movie box office: Neem Karoli Baba film beats Pankaj Tripathi starrer. Becomes third highest-grossing film of 2026 in IndiaHanuman Ansh has emerged as the year's box office sensation, surprising audiences everywhere. This low-budget film has now outperformed Mir...
- ITR filed under old tax regime by mistake, income tax paid under new regime: How a lady won case in ITAT DelhiFiled ITR under the old tax regime but paid income tax under the new tax regime; ladywins case in ITAT Delhi after proving her accountant m...
- Freelancer vs consultant vs business owner: How income tax rules differ and what you need to know before filing ITR
- Taxman's JAARing move opens fresh debate over Mauritius treatyThe recent invocation of JAAR, a GAAR-type tool in the armoury of the taxman, in a certain case has stunned many. Even though technically t...
- UPI MDR above Rs 2,000 to attract 18% GST, merchants can claim input tax creditUPI payments to merchants above two thousand rupees will attract a zero point four percent merchant discount rate. Merchants will pay eight...
- 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...
- ‘I was unsure whether I could make a career’: Hanuman Ansh composer on life now after Rs 200 crore hit movie on Neem Karoli BabaMusic composer Dhirendra Mulkalwar opened up to Hindustan Times about Hanuman Ansh’s unexpected Rs 200 crore success and its impact on his ...
- UPI charge is just tax collection: Ashneer Grover calls out government wanting to charge on payments above Rs 2,000 while banks are making crores in profitsBharatPe co-founder Ashneer Grover has questioned the rationale for introducing charges on certain UPI merchant transactions above Rs 2,000...
- Connaught Place restaurant charged Rs 80 extra as service fee without asking; GST was added on that charge too; CCPA orders it to pay Rs 10,000CCPA fined a restaurant in Connaught Place Rs 10,000 for automatically adding an Rs 80 service charge to a customer's food bill and applyin...
- Hanuman Ansh closes in on Mirzapur in box office collection, as Neem Karoli Baba movie maintains momentumHanuman Ansh has continued its strong box office run, collecting Rs 8.25 crore net on Day 39 and taking its India gross to Rs 263.30 crore....
- Student gets Rs 18.34 lakh stipend from university and pays no income tax; gets notice from Income Tax Department; she wins the case in ITAT Delhi for this reasonStudent gets Rs 18.34 lakh stipend from university for PG studies and pays no tax; Tax dept sent notice; She wins case in ITAT Delhi; Know ...
- IRS officials may visit taxpayers in Los Angeles, Miami, Dallas, New York and Chicago: Why it happens, what to expect and how to avoid scamsIRS Revenue Officers might conduct in-person visits to taxpayers who have unresolved tax debts or unfiled returns. Such visits are rare and...
- Indian moves to US for job, forgets to file ITR, Income Tax Dept imposes Rs 8.29 lakh penalty; ITAT Jaipur cancels penalty and gives full reliefIndian employee working in US imposed with Rs 8.29 lakh penalty for missing to file ITR after moving to US; ITAT Jaipur cancels penalty and...
- Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...
- IAMAI wants 5% GST dropped for app-based ridesApp-based mobility firms want GST exemption on their platforms. They argue the five percent tax applies unfairly to technology connectors. ...
- Tax reforms drive 1.32 crore updated returns, Rs 16,083 crore additional tax: CBDT memberUpdated income tax returns have increased significantly over four years. New tax regime adoption shows strong uptake among taxpayers filing...
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