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STATE DEPARTMENT OF TAXATION
Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favour- Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accounts
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- Alcohol-in-beverage: Karnataka leads India’s next liquor tax experimentKarnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates...17 May, 2026, 04.50 PM IST
- Zero income tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regimeSalaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perqui...13 May, 2026, 04.59 PM IST
- West Bengal tax body rejects Flipkart’s GST exemption model for delivery chargesFlipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has been rejected by the West Bengal A...12 May, 2026, 05.51 PM IST
- US-based son gets tax notice in India over Rs 11 lakh cash deposit made on behalf of parents during demonetisation; ITAT Delhi cancels notice for this reasonA US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...04 May, 2026, 11.32 AM IST
- Can Trump’s $1,000 IRA match executive order finally bring 56 million Americans without 401(k) access into retirement security? Here's who actually qualifies for this benefitUS President Donald Trump IRA Trump retirement plan executive order: Will $1000 IRA Match Transform Savings. For decades, retirement securi...01 May, 2026, 09.03 PM IST
- GST fault line: Supreme Court to rule if taxman can bundle years into one sweeping show-cause noticeThe Supreme Court is set to decide if tax authorities can issue a single show-cause notice for multiple financial years. This procedural is...24 Apr, 2026, 11.01 PM IST
- Tax on destination wedding outside India: Will income tax apply on gifts in form of cash, property, gold jewellery? Know the rulesWhether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...24 Apr, 2026, 03.38 PM IST
- Manipur: Two killed as armed assailants open fire on vehicles on NH-202 near UkhrulTwo individuals were killed in a shooting incident on National Highway-202 in Manipur. Unidentified armed assailants opened fire on vehicle...18 Apr, 2026, 08.08 PM IST
- Are tips tax-free now in the US? IRS announces deduction for tip workers - but there’s a catch; Eligibility rules and deduction limits explainedThe 'no tax on tips' rule made headlines across the US, raising hopes among service workers of major tax relief. But the policy is not as s...16 Apr, 2026, 12.27 PM IST
- Tax deadline 2026: IRS warns mail delays could make returns lateTax season 2026 is ending soon, and many people still need to file. The April 15 deadline is important to avoid penalties. Mail delays coul...10 Apr, 2026, 05.55 PM IST
- Costly tax mistake: Typo cuts refunds — find out if yours took a hitA tax typo caused refund problems for thousands of people in New York. Some received less money while others were told to pay more. Officia...04 Apr, 2026, 07.47 PM IST
- $600 surprise checks land soon: Millions may cash in under ‘STAR’ Program windfallMillions of homeowners may soon receive property tax relief checks through a long-running program. Payments can vary based on income, age, ...24 Mar, 2026, 06.47 PM IST
- Karnataka to end alcohol price controls from April 2026Karnataka is set to overhaul its liquor tax system. Chief Minister Siddaramaiah announced reforms including an alcohol-content-based duty s...06 Mar, 2026, 01.59 PM IST
- Meghalaya government scraps act promoting casinosIn February this year Meghalaya Prevention of Gambling Act, 1970 was nullified by the state government. The state cabinet approved the Megh...13 Oct, 2022, 07.41 PM IST
- Sugar mills demand abolition of purchase taxThe delegation sought the abolition of purchase tax on sugar cane under the Punjab VAT Act with effect from the crushing season of 2013-14.15 Oct, 2014, 07.01 PM IST
- Punjab Excise & Taxation dept detects fraud of Rs 200 crorePunjab Excise and Taxation department has detected a fraud to tune of Rs 200 crore.26 Jun, 2013, 06.12 PM IST
- Punjab government selects Wipro for deploying tax management systemWipro will also manage the software for five years, the company said in a statement, without disclosing the financial terms of the contract.16 Jun, 2011, 01.17 PM IST
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