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DIRECT TAX COLLECTIONS
Tax reforms drive 1.32 crore updated returns, Rs 16,083 crore additional tax: CBDT memberUpdated income tax returns have increased significantly over four years. New tax regime adoption shows strong uptake among taxpayers filing...
Powerball jackpot soars to $190 million for September 7 drawing - Here's what Monday night's winner could take homeThe Powerball jackpot has reached an estimated $190 million for Monday's drawing. No ticket matched all six numbers in the recent Saturday ...
‘Hanuman Ansh’, film based on Neem Karoli Baba, declared tax-free in Uttarakhand; check detailsUttarakhand Chief Minister Pushkar Singh Dhami announced the film 'Hanuman Ansh' will be tax-free. This movie showcases the life and teachi...
Powerball jackpot soars to $173 million for September 5 drawing - Here's what Saturday night's winner could take homeThe Powerball jackpot is now estimated at an impressive $173 million for the upcoming drawing on Saturday. However, the odds of winning rem...
Parliamentary panel flags compliance glitches on new income tax act, seeks more data from CBDTA parliamentary committee has identified compliance issues with the new Income Tax Act. They are seeking detailed data from the CBDT on its...
Powerball winning numbers for September 2 revealed - Check who won the $146 million jackpot on Wednesday night?The Powerball jackpot has climbed to an estimated $146 million for the September 2 drawing. Players have another chance to win this substan...
DGGI seeks payment trail to crack down on illegal betting networksThe DGGI proposed mandatory recording of website payment details to stop illegal gaming networks. This aims to plug financial system gaps e...
The road less paved: India’s cities have a governance problemAs key contributors to national economic growth, Indian cities face challenges in governance due to unfulfilled promises of devolving power...
Powerball jackpot climbs to $146 million for September 2 drawing - Here's what Wednesday night's winner could take homeFor Wednesday's drawing, the Powerball jackpot is now estimated at an impressive $146 million. The prize rolled over after Monday's drawing...
In 2007, Capannori rejected a new incinerator and embraced zero waste. 19 years later, its door-to-door system helped push recycling above 80% and inspire Italy’s movementCapannori, a town near Lucca in Tuscany, developed a Zero Waste approach after residents opposed a proposed incinerator. Rossano Ercolini a...
- Can a right to collect toll become taxable payment? The GST question
A Supreme Court case questions whether a government-granted right to collect tolls constitutes non-monetary payment for highway constructio...
France targets Shein and Temu with fast fashion feesThe fees add to Shein's difficulties as the end of duty-free access for cheap ecommerce parcels in the European Union and the U.S. caused ...
Powerball jackpot numbers for August 31 revealed - Check who won the $131 million top prize on Monday night?The Powerball jackpot has climbed to an estimated $131 million for Monday's drawing. Players have another chance to win this substantial pr...
Powerball jackpot soars to $131 million for August 31 drawing - Here's what Monday night's winner could take homeThe Powerball jackpot has climbed to an estimated $131 million for Monday's drawing. Saturday's drawing saw no winner, causing the prize to...
Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plansAs the 2027-28 Union Budget approaches, central ministries are tasked with crafting practical fiscal estimates. The Finance Ministry emphas...
New mines law seeks to bring tax uniformityA new Mines and Minerals Act, 2026, aims to standardize mining taxation across India. This legislation seeks to bring uniformity and predic...
Rs 5.31 lakh income tax refund denied as taxpayer did not claim it in the original ITR; he approaches ITAT Delhi and wins the case to get tax refund with interestRs 5.31 lakh tax refund denied as it was not claimed in the original ITR but in the subsequently filed Section 148 ITR; ITAT Delhi orders t...
IRS final notice of Intent to Levy: What 30 days means before the IRS can seize money or propertyThe IRS Final Notice of Intent to Levy is a serious warning. It can come before the IRS takes money or property to collect an unpaid tax de...
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...