GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changesGST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities f...
08 Oct, 2026, 06.22 PM IST
GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...
08 Oct, 2026, 12.25 PM IST
GST Council meet: Scrapping tax officers' arrest powers, decriminalisation among reforms on agendaThe GST Council is poised to address significant reforms that could transform GST compliance for businesses. Among the proposed measures ar...
08 Oct, 2026, 12.16 PM IST
GST Council meet starts with focus on ease of doing business, ITC overhaul and decriminalisation on agendaThe 57th GST Council meeting is set to consider major GST 2.0 reforms, including wider input tax credit eligibility, protection for genuine...
08 Oct, 2026, 11.42 AM IST
In 1979, Oregon family sold 1,843 acres, IRS demanded tax, then mostly lost: How a ruling changed tax-deferred property exchangesBack in 1967, an Oregon family's sale of their 1,843 acres of timberland sparked a major dispute with the IRS. The case ended up in the Nin...
08 Oct, 2026, 01.19 AM IST
Costco Disneyland tickets could save you $173, but the fine print starts a countdownThe package comes with two days of Park Hopper admission at Disneyland Resort in Anaheim, California. Guests also get Lightning Lane Multi ...
07 Oct, 2026, 08.00 PM IST
Why you received a $90 Social Security payment? Here’s who qualifies for the Medicare rebate and when you’ll get itWhy you received a $90 Social Security payment? The federal government is using $2 billion from a 2008 reserve fund to give 20.8 million tr...
07 Oct, 2026, 05.59 PM IST
Amazon settlement payments 2026: Who qualifies for up to $200 and when will eligible Prime customers get paid?Amazon is preparing to send another round of payments to consumers affected by its Prime enrollment and cancellation practices. The payment...
06 Oct, 2026, 07.45 PM IST
JioBlackRock Mutual Fund files draft document with Sebi for a gold ETFJioBlackRock Mutual Fund has filed a draft document with Sebi for JioBlackRock Gold ETF, an open-ended scheme tracking domestic gold prices...
05 Oct, 2026, 05.04 PM IST
Brother-in-law caught with Rs 4.34 lakh worth of foreign currency; income tax officer sends notice; he wins case in ITAT Delhi with help from sister-in-lawA brother-in-law got into trouble when he was found with Rs 4.34 lakh in foreign currency. A tax officer sent him a notice about it. But, t...
05 Oct, 2026, 10.55 AM IST
Grain trader deposited Rs 5.2 crore cash in bank, filed ITR declaring Rs 7.65 lakh income, got unexplained deposit income tax notice; won case in ITAT Delhi for this reasonWhen Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs...
05 Oct, 2026, 10.54 AM IST
Why is Trump redirecting $2 billion into $90 Medicare checks, and who qualifies for the payment?President Donald Trump has announced one-time $90 payments for more than 20 million Medicare Part B enrollees. The White House says the mon...
03 Oct, 2026, 08.00 PM IST
Trump Affordable Care Act refund: Why nearly 1 million Americans in 30 states are getting $500 checks—and who qualifiesTrump ACA $500 refund checks: Nearly a million Americans are finding unexpected government checks in their mailboxes this week. Starting Se...
01 Oct, 2026, 06.02 PM IST
Rs 9.91 lakh income tax refund for senior citizen after proving that he mistakenly paid income tax on tax-free bonds; ITAT Delhi order explainedMr Ajay Kumar Bakaya a senior citizen from Gurgaon faced a significant tax issue when he accidentally overpaid income tax on his tax-free b...
30 Sep, 2026, 05.43 PM IST
Fee on UPI P2M payments: How this “small” 0.4% fee can take a bigger bite out of your moneyStarting from October 15, 2026, a new 0.4% transaction fee will be applied to UPI payments exceeding Rs 2,000, while lower amounts and peer...
30 Sep, 2026, 02.25 PM IST
GST 2.0 revived demand. Now industry wants its tax credit unstuckThe GST Council is set to reconvene after a year to focus on reforming the input tax credit system. Recent surveys by KPMG and Deloitte hig...
30 Sep, 2026, 12.06 AM IST
What went wrong with Amazon Prime that led to a $2.5 billion FTC settlement? Here’s what eligible customers can actually receiveAmazon Prime FTC settlement refunds: The Federal Trade Commission just forced a massive recalculation of how much digital friction a compan...
26 Sep, 2026, 05.51 PM IST