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KARNATAKA TAXPAYERS
BJP seeks cancellation of Bengaluru tunnel road tender, targets Congress over Adani bidThe BJP has demanded Karnataka government scrap the Bengaluru tunnel road tender, alleging the Adani Group's bid is a staggering 96% over t...- ITR-3 release date: Who should file this income tax return form as I-T Department enables online filing, Excel utilities for itThe Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is fo...
- "What kind of India do they want?": Congress questions PM Modi's leadership; claims every section of society being "destroyed"The Indian National Congress leader Mallikarjun Kharge and Leader of Oppositon Rahul Gandhi launched a strong attack against Prime Minister...
- 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...
- 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...
- 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...
- Pay full Bengaluru property tax by May 31, 2026 and get 5% rebate as due date gets extendedBengaluru property owners can now avail a 5% rebate on property tax by paying in full by May 31, 2026, as the deadline has been extended. A...
- Karnataka plans relief from annual professional tax return filingBengaluru Chief Minister Siddaramaiah announced a significant relief for professional tax payers. The state government will exempt individu...
- Bengaluru, a lakhpati hub: Karnataka beats all states to top taxpayer chartsKarnataka leads India with the highest percentage of taxpayers earning between ₹12 lakh and ₹50 lakh annually. Bengaluru's thriving IT, sta...
- 'Rich' Gujarat not even in top 10 high-taxpayer states, falling even behind JharkhandIncome tax data for 2024-25 reveals surprising disparities in India's middle class. Jharkhand outperforms Gujarat in the proportion of taxp...
- GST enforcement should be balanced with sensitivity: SBI Research amid K'taka UPI-GST rowSBI Research cautions that aggressive GST enforcement based on UPI transactions could push small businesses back into the informal economy,...
- Five states account for nearly 50% of active GST taxpayers; UP leads: SBI ReportAn SBI Research report reveals that Uttar Pradesh, Maharashtra, Gujarat, Tamil Nadu, and Karnataka account for nearly 50% of India's active...
- Karnataka, TN among top 5 states in direct tax collectionsKarnataka and Tamil Nadu rank second and fourth among top states contributing to 70% of India's direct tax collections, with Maharashtra le...
- Some taxpayers to get notices soon for not filing ITRs, says CBDT Chairman Nitin GuptaThe income tax department will send notices to individuals who have not filed tax returns despite tax deduction at source. The department i...
- Fake ITC Claim of Rs 180 Crore: Karnataka’s GST authorities detect 100 bogus firms, arrest mastermindKarnataka's Commercial Taxes Department, in collaboration with Kerala State GST authorities, has arrested Mohammed Siddiq for his role as a...
- Karnataka collected record GST of Rs 6,085 cr in January: CM Bommai"A record collection of 6,085 crore has been made under GST this month. Karnataka continues to be state with the highest growth rate of 30%...
- 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...
- Director's salary exempt from GST: Karnataka AAR rulingThe salary of a director in a company is not liable to be taxed under Goods and Services Tax (GST), the Karnataka Authority of Advanced Rul...
- BBMP’s easy way out to raise funds: Tax the honest moreTara Krishnaswamy from Citizens for Bengaluru said that while a hike is needed for revenue generation, what is lacking is the delivery of s...
- Send e-return copies to Bangalore centre: Income Tax department to taxpayersI-T dept has asked electronic filing taxpayers not having sent their returns copy for the two previous assessment years by post to its cent...
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