D K Shivakumar: Congress troubleshooter to Karnataka CMD K Shivakumar's four-decade political journey, from village lanes to Karnataka's highest office, is marked by resilience and loyalty to Co...
30 May, 2026, 07.32 PM IST
Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
29 May, 2026, 08.12 AM IST
Bengaluru airport operator BIAL hands over Rs 16 crore dividend to Karnataka govt armBengaluru International Airport Limited, or BIAL, has given a dividend of over Rs 16 crore to the Karnataka State Industrial and Infrastruc...
25 May, 2026, 05.40 PM IST
Adityanath calls for trader-friendly tax system, better services for honest taxpayersUttar Pradesh Chief Minister Yogi Adityanath has instructed the state tax department to boost revenue collection. He emphasised providing f...
25 May, 2026, 01.51 PM IST
Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...
22 May, 2026, 07.21 AM IST
Karnataka links liquor tax to alcohol contentBengaluru's government has launched a new excise policy. Beverages will now be taxed based on their alcohol volume. This move makes beer ch...
18 May, 2026, 12.48 AM IST
Karnataka rolls out new alcobev policy, distillers unhappyBengaluru has a new excise duty on alcohol-in-beverage. Prices are now set by producers. The government cut liquor price slabs to make drin...
17 May, 2026, 06.32 PM IST
Singapore emerges as top FDI source in Apr-Dec FY26, high inflows from tax havensSingapore emerged as the top source of FDI equity inflows into India during April-December FY26, contributing $17.6 billion. The US and Mau...
17 Apr, 2026, 11.18 PM IST
How a Bengaluru man tried to dodge tax by registering his Ferrari & Mercedes in other states but ended up paying Rs 1 crore in duesA Bengaluru businessman is in trouble for avoiding Karnataka road tax. He registered his luxury cars in other states. The transport departm...
26 Jul, 2025, 01.57 PM IST
Switching from UPI to cash won't help in avoiding tax notice if turnover crosses GST registration threshold; Here’s what Karnataka State GST department saidKarnataka tax department clarifies GST rules for vendors: The GST department is scrutinizing UPI transactions to identify unregistered trad...
21 Jul, 2025, 12.37 PM IST
SC halts Rs 317 cr tax demand against Antrix CorporationThe Supreme Court has put a hold on the Karnataka tax department's demand of over Rs 317 crore in VAT arrears from Antrix Corporation, ISRO...
13 Jun, 2025, 09.23 PM IST
Refund money to Swiggy even if investigations are ongoing: Karnataka HC tells indirect tax departmentCourt said money collected through 'coercion' should be refunded, ruling set to help several other companies
22 Oct, 2021, 09.58 PM IST
Hypothetical income cannot be taxable: Karnataka High CourtKarnataka government charges “wheeling charges” which are kind of revenue for the electricity it supplies to other state governments. The t...
18 Nov, 2020, 03.20 PM IST
I-T unearths Rs 65 crore black money in human hairs exportThe undisclosed income was unearthed after income tax sleuths carried out raids on the properties of a north Karnataka-based exporter and d...
02 Jan, 2018, 10.35 PM IST
Another bulk cash seizure in Karnataka, Rs 2.89 crore found from an apartment in Bengaluru"The locked room was opened and unexplained cash to the tune of Rs 2.89 crore, which includes Rs 2.25 crore of new Rs 2,000 notes, was foun...
14 Dec, 2016, 06.39 PM IST
Karnataka ’s ecommerce tax will fall flat in court: ExpertsThe taxes department asked ecommerce firms including Amazon, Flipkart and Snapdeal to deduct 1% of the money payable to merchants towards t...
16 Oct, 2015, 03.35 AM IST
Amazon turns down Karnataka Tax department’s reworked formulaWhile Amazon has no problem with the first demand, it has declined the second, senior government officials said, declining to be identified.
23 Jun, 2015, 02.47 AM IST