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TAX CLARIFICATION
Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...- Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
- Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
- Govt's new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation MinistryA new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for b...
- PhysicsWallah dials down schools push after investor uneasePhysicsWallah is shifting its K-12 expansion strategy to an asset-light, online-led model, moving away from capital-intensive school operat...
- Could you be missing a critical June 2026 tax deadline? Check these essential TDS, Form 16, STT and advance tax requirements before it's too lateJune 2026 income tax deadlines are closer than many taxpayers realize. Form 16 issuance, TDS deposits, advance tax payments and STT reconci...
- New NPS withdrawal plan: Retirement Income Scheme offers an orderly exit, but no return guaranteeThe Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retiree...
- No new Khata for revenue land acquired through partition deed in Bengaluru? Expert explains the available optionsBengaluru property owners face a new hurdle. The city's e-Khata portal does not allow new Khata creation for revenue land acquired through ...
- Force Motors bets big on hybrids, exports with Rs 3,000 crore outlayForce Motors is set to invest more than ₹3,000 crore in the coming two and a half years. This significant capital expenditure will focus on...
- Sebi eases onboarding norms for foreign portfolio investorsThe Securities and Exchange Board of India has simplified rules for foreign investors. This eases the process of obtaining PAN cards for ov...
- PM Modi dismisses media report on possible tax on foreign travel as ‘totally false’Prime Minister Narendra Modi has strongly refuted media reports suggesting a new tax on foreign travel. He stated there is absolutely no tr...
- 'Very serious': Kiren Rijiju asks Rahul Gandhi to disclose details of his foreign travelsUnion minister Kiren Rijiju has called questions surrounding Rahul Gandhi's foreign trips and their funding very serious. He urged the Cong...
- Sebi, CBDT ease PAN rules for foreign investors after onboarding concernsSebi and CBDT relaxed PAN compliance requirements for foreign portfolio investors after concerns over complex onboarding rules. The clarifi...
- 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...
- India recasts rules for foreign tax info exchange: New framework from July 1 aims to curb cross-border tax evasion & speed up case closureIndia has updated its rules for sharing tax information with other countries. New rules make foreign tax requests high priority, requiring ...
- To exercise ESOPs, staff of listed cos can pledge shares in trading window closuresEmployees exercising stock options can now pledge shares for funds during trading window closures, thanks to a Sebi clarification. This pro...
- Standstill in India gold imports drags on, threatens supplyIndian banks face an unprecedented five-week halt in gold and silver imports, causing domestic prices to surge and threatening shortages. A...
- NPS charges explained: PFRDA clarifies CRA, PRAN, AMC rules; provides Atal Pension Yojana updateNPS charges: PFRDA has issued new clarifications on National Pension System charges. Annual Maintenance Charges for Tier II NPS accounts wi...
- Goods moved from SEZs to domestic markets treated as imports; duty drawback applicable on re-exportsNew Delhi has clarified a key point for exporters. Goods moved from SEZ units to the domestic market, after paying duties, will now be cons...
- 'Clarified my statement in Chennai': Mallikarjun Kharge on 'terrorist' remark against PM ModiCongress President Mallikarjun Kharge on Wednesday addressed the ongoing controversy regarding his recent remarks against Prime Minister Na...
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