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GOVERNMENT TAX APPEALS
Govt cuts ₹16,688 crore in tax disputes after appeal threshold hikeThe government withdrew thousands of tax appeals after raising litigation limits. This action reduced disputed tax demand by over sixteen t...- Disputed tax demand down Rs 16,690 cr since hike in monetary limit for filing appeals, LS toldHigher monetary limits for tax appeals have reduced disputed tax demand by about ₹16,690 crore, with over 23,000 departmental cases withdra...
- Inside Jeff Bezos and Mark Zuckerberg's 'Billionaire Bunker' in Miami's Indian Creek IslandIndian Creek Island, known as the "Billionaire Bunker," offers extreme privacy for the wealthy. This exclusive enclave features limited hom...
- NCLAT rejects DoT's 469-crore claim appeal in Rolta insolvency; upholds resolution planThe NCLAT has officially dismissed the Department of Telecommunications' (DoT) appeal against Rolta India's resolution plan, stating it has...
- CM Shivakumar urges PM to back Karnataka, says India's growth hinges on state's progressKarnataka Chief Minister DK Shivakumar requested Prime Minister Narendra Modi for increased state support. He emphasized that India's progr...
- When the boardroom doesn't play ballFifa's ambitious move to establish a profit-driven subsidiary is drawing fierce backlash from Uefa and Concacaf. The potential corporate ri...
- If India wants to compete with the world, it has to have one or two large airlines: IndiGo’s Rahul BhatiaIndiGo MD Rahul Bhatia defended the airline’s 66% domestic market share, saying 34% of its capacity operates on routes where no rival flies...
- Trump's visa strategy: Keep announcing sky-high fees until one sticksThe Trump administration is weighing a proposal to charge international students $100,000 to work in the US after graduation under the OPT ...
- IndiGo's Rahul Bhatia urges govt to cut taxes, airport charges to lower airfaresIndiGo's managing director seeks tax and airport charge rationalization for lower airfares. He argues that reduced costs will unlock massiv...
- Bengaluru orders vacant plot owners to clear waste by Aug 15Bengaluru authorities mandate vacant site owners clear waste by August 15. Non-compliance will result in waste removal and cost recovery by...
- GST notice uploaded only on portal isn't valid service, high courts rule: What it means for taxpayersHigh Courts are questioning GST notice validity when only uploaded online. Punjab and Haryana High Court ruled portal uploads are not valid...
- Digital nomad visas: Who should apply, who shouldn't, top countries for IndiansDigital nomad visas now offer professionals a new route for global mobility. These permits allow individuals to live abroad while working r...
- Trump’s new tariffs prompt lawsuit from small businessesThe Trump administration faces two new lawsuits challenging its latest global tariffs of 10%-12.5%, imposed under Section 301 of the Trade ...
- Finance minister Nirmala Sitharaman asks I-T officials to ease burden on honest taxpayersFinance Minister Nirmala Sitharaman urged tax officials to ensure taxpayer convenience. She stressed firm action against tax evasion and ec...
- Parliamentary panel backs Sebi board expansion, longer cooling-off period for top brassStanding Committee on Finance, headed by Bhartruhari Mahtab, backs key provisions of the Securities Markets Code Bill, including raising Se...
- Lady with Rs 5.28 lakh income pays no tax despite Rs 1.42 lakh STCG from equities; Know why ITAT Mumbai allowed the Section 87A rebateEver since the Income Tax utility has disabled the option to claim Section 87A tax rebate on short term capital gains (STCG) from listed eq...
- Tighter regime proposed: FCRA Bill seeks custodian for NGO assetsA new bill proposes safeguarding foreign-funded assets when NGO registrations lapse or cease. Revised rules link registration to specific p...
- PM Modi calls for a productive Monsoon Session for citizen welfarePrime Minister Narendra Modi addressed the media before the Monsoon Session began. He expressed hopes for a proactive and productive parlia...
- All-party meeting underway ahead of Monsoon Parliament Session; Kiren Rijiju appeals for cooperation from oppositionThe Centre convened an all-party meeting seeking cooperation for Parliament's Monsoon Session. Union Minister Kiren Rijiju urged constructi...
- 'Govt anti-people, only concerned with securing 2/3rd majority': Kapil Sibal urges Wangchuk to end fastKapil Sibal urged activist Sonam Wangchuk to end his hunger strike. He criticized the BJP-led Centre as anti-people and lacking dialogue. W...
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