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DIRECT TAX COLLECTIONS
India's net direct tax collections jump 23% to Rs 8.11 lakh crore, non-corporate taxes lead gainsIndia's net direct tax collections surged 23.09 percent to ₹8.11 lakh crore as of August 10. Non-corporate tax collections rose significant...- India's net direct tax collection rises 23% to Rs 8.11 lakh crore as of August 10India's net direct tax collections grew 23.09 percent year-on-year to Rs 8.11 lakh crore. Gross direct tax collections increased 19.75 perc...
- Powerball winning numbers for August 10 revealed - Did someone win the $905 million jackpot on Monday night?The Powerball drawing is set to be momentous, with the jackpot soaring to an estimated $905 million! Players can also snag smaller prizes b...
- Good news for investors: No income tax on dividends received from REITs and InvITs in this case, Lok Sabha passes the bill; Check the detailsThe Lok Sabha passed a bill amending tax laws on August 6, 2026. This amendment benefits REIT and InvIT investors by exempting dividend inc...
- Powerball jackpot rises to $905 million for August 10 drawing - Here's what Monday night's winner could take homeThe Powerball jackpot has surged to a staggering $905 million ahead of Monday's drawing, following Saturday's results which revealed no jac...
- Can Molbio Diagnostics IPO deliver long-term growth for high risk investors?Molbio Diagnostics aims to secure ₹200 crore to enhance its capital expenditures through a new issuance of shares. In tandem, the firm inte...
- Independence Day 2026: When the British built a 4,000-km wall across India to extort taxBritish authorities constructed an enormous hedge across India to enforce a salt tax. This living barrier aimed to prevent smuggling of che...
- Where art thou? From royal silverware to rare watches, what collectors are bidding for nowAs collectors broaden their horizons beyond canvases, Glynda Alves finds that India’s auction houses are witnessing growing demand for item...
- Billions in Trump tariff refunds go to Apple, Amazon and Nike after Supreme Court ruling—but what happened to the promised $2,000 checks for Americans?Major companies are receiving billions in tariff refunds after a Supreme Court ruling. Apple, Amazon, and Nike are among the largest benefi...
- Retailers tap AI shopping traffic but fight to keep customer dataRetailers are adapting websites for AI product discovery and recommendations. They aim to keep customer transactions on their own platforms...
- Powerball jackpot goes past $850 million for August 8 drawing - Here's what Saturday night's winner could take homeGet ready for an electrifying Saturday as the Powerball jackpot stands at a jaw-dropping $856 million! Players have two appealing payout op...
- FPIs, trading companies tap Sebi, centre for tax breatherInvestors from abroad are pressing regulators for a decrease in securities transaction taxes to alleviate the burden of double capital gain...
- Powerball winning numbers for August 5 revealed - Did someone win the $786 million jackpot on Wednesday night?The Powerball jackpot has climbed to an estimated $786 million for the Wednesday night drawing. Players can win smaller cash prizes by matc...
- Customer bought 'pure' silver but test found 80.95% purity: Consumer commision ordered Lalitha Jewellery to pay Rs 13,000 compensation; here's whyLalitha Jewellery has been ordered to refund an overcharge of Rs 104 and pay Rs 10,000 in compensation after a Warangal consumer commission...
- SC proposes no fuel for uninsured vehicles, seeks tech-driven road safety overhaulThe Supreme Court has directed the Centre to design a pilot project denying fuel to uninsured vehicles. This initiative aims to improve roa...
- FISME seeks GST overhaul to ease MSME complianceFISME seeks Goods and Services Tax reforms to ease MSME compliance burdens. They propose a safe harbour for input tax credit and faster GST...
- Interior designer takes Rs 4.9 lakh full payment, leaves work incomplete: Consumer court orders refund after family is forced to stay on rent for monthsNoBroker has been ordered to refund Rs 4,90,716 to a Hyderabad customer after a consumer commission found it collected the full contractual...
- Centre releases additional Rs 1,09,019 crore tax devolution to states to boost capital spendingThe Union government released an additional Rs 1,09,019 crore tax devolution on August 1, 2026. This amount is separate from the scheduled ...
- India's Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year targetIndia Q1 FY27 fiscal deficit: The fiscal gap was higher than the Rs 2.8 lakh crore recorded during the April-June period of the previous fi...
- India's net direct tax collections rise 16.4% to Rs 6.51 lakh crore as of July 13Net direct tax collections have increased sixteen point four percent year-on-year. Gross direct tax collections also saw a sixteen point on...
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