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ASSETS ATTACHMENT BY TAX DEPARTMENT
Can income tax officials take your PPF savings for unpaid tax dues? Know what the law saysDealing with a tax demand? It's essential to grasp how the Income Tax Department can seize dues from different assets, while your PPF accou...- Microsoft employees considering the buyout should check these health insurance rules before leaving their jobsThinking of taking Microsoft’s buyout? Pause before you sign anything. Once your job ends, your health insurance may stop too, but COBRA le...
- Leaving Microsoft with a buyout? US employees have 3 main 401(k) options; what happens if they make one mistake that could trigger taxes?The technology giant announced a new, time-limited Voluntary Exit offer for eligible employees in participation teams in the US, UK, Canada...
- Own property in UAE? Income Tax Department nudges taxpayers to declare undisclosed assets under FAST-DS 2026, know who needs to act and what they can doUAE property owners have received communication from the income tax department regarding undisclosed assets. Taxpayers are prompted to asse...
- ET Wealth Expo 2026: From building wealth to financial freedom, two days of insights for today’s investorsMark your calendars for the ET Wealth Expo 2026, happening on October 30 and 31 at Mumbai's NESCO Convention Centre. This event promises to...
- The questions ET Wealth Expo 2026 will actually answer, and why they matter right nowShould you continue investing in equities in the age of AI? Is your retirement plan on track? And have you considered how your wealth will ...
- Centre working on integrated tax framework for textile sector to ease duty burden on raw materials and machineryAn integrated tax framework for India's textile sector is being developed to improve competitiveness in global markets. This framework will...
- Supreme Court agrees to examine EY US plea in tax disputeA bench led by Justice PS Narsimha sought a response from the income tax department on appeals filed by Ernst & Young US LLP challenging a ...
- Income-Tax Department nudges taxpayers with UAE and other overseas properties to disclose foreign assets under FAST-DSThe Income-Tax Department is encouraging selected taxpayers to disclose overseas assets under a new scheme. This initiative targets individ...
- CBDT receives around 1,100 applications under foreign assets disclosure schemeSince the launch of the Foreign Assets of Small Taxpayers Disclosure Scheme, approximately 1,100 taxpayers have submitted applications. The...
- Income Tax Department nudges taxpayers holding undisclosed foreign propertiesThe Income Tax Department is encouraging taxpayers to declare undisclosed foreign assets through the FAST-DS initiative. A new e-filing por...
- GST tribunal says airlines can claim tax refund if fare, GST returned to passengersGST Appellate Tribunal ruled that GST paid on cancelled airline tickets is refundable if conditions are met. Singapore Airlines successfull...
- Parliamentary Committee on Finance to examine 46 economic issues, including virtual digital assets, AI, in FY'27Parliament’s Standing Committee on Finance, chaired by BJP MP Bhartruhari Mahtab, has selected 46 subjects for examination in 2026-27, incl...
- In 2004, Texas sank 152 discarded concrete power poles weighing 1,457 tons in the Gulf; the unusual load became an artificial reef 130 feet underwaterIn 2004, an innovative project transformed discarded concrete utility poles into an artificial reef within the Gulf of Mexico. A total of 1...
- International investing for Indians: Mutual funds, GIFT City or direct stocks?Indian investors have several ways to access global markets, from domestic international mutual funds and GIFT City-based funds to direct o...
- India must avoid copying China's aggressive tax policies on private wealth and offshore assetsDeveloping economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...
- I-T likely to send notices over undisclosed foreign propertyThe Income-Tax Department will send notices to resident Indians regarding undisclosed foreign properties. Information was obtained through ...
- Former Mumbai office boy wins tax battle over Rs 1.46 crore transactions linked to alleged KYC misuseIn a significant legal battle, former office boy Waghela challenged a disputed tax order linked to dubious financial practices. The Income ...
- Bangladesh ex-air chief arrested in Qatar over corruption charges, investigators trace alleged wealth to Canada, DubaiBangladesh (Google Trends): Bangladesh’s former Air Chief Marshal Sheikh Abdul Hannan has been arrested in Qatar following corruption alleg...
- Transferring immovable property? How TDS compliance is now simpler with new Form 141With the introduction of Form 141, taxpayers can easily report TDS by combining several earlier forms into one streamlined approach. This u...
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