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LAND ACQUISITION TAX EXEMPTION
Income Tax 2026: 3 key changes in deductions & exemptions every taxpayer must knowThe Finance Act, 2026 outlines significant changes in income tax deductions and exemptions for Tax Year 2026-27. Non-resident individuals w...- Andhra landowners sought 20x compensation after price boom, but lost case in High Court for this reasonThe Andhra Pradesh High Court rejected the landowners’ request for enhanced compensation by noting that the landowners relied on market val...
- Sold property? You may pay zero tax if these Section 82 rules under Income Tax Act 2025 are metFor Tax Year 2026-2027, Income Tax Act, 2025 is applicable and this means you need to be versed with the renumbered Sections in order to co...
- Tax-wise, $-foolish: Saving Dalal Street could come at a cost to Startup StreetIndia's financial landscape is experiencing pressure with foreign portfolio investors becoming net sellers in the market. There are discuss...
- Ladakh chief secretary directs early resolution of land issues for Kargil airstrip expansionLadakh Chief Secretary Ashish Kundra has directed the Deputy Commissioner of Kargil to expedite land acquisition processes. He emphasized c...
- Sun Pharma books Rs 346 crore Organon deal costs in Q2; profit falls 36%Sun Pharmaceutical Industries experienced a significant decline in net profit during the September quarter of FY27. The company incurred ac...
- IRCTC hotels case: Delhi court defers formal framing of charges against Lalu, othersA Delhi court has adjourned the framing of money laundering charges against Lalu Prasad Yadav and his family members. The judge stated that...
- Gold taxation explained: How much tax you pay on selling gold jewellery, ETFs, fund of funds and SGBsTax on capital gains from gold investment: Investing in gold can yield gains, but investors must be informed about the associated tax liabi...
- Abolish LTCG, rationalise STCG, STT rates on equities: PHDCCI to Finance MinistryPHDCCI has recommended abolishing Long Term Capital Gains tax and modifying short-term capital gains taxes. The chamber suggests increasing...
- ED attaches SP leader Azam Khan's Jauhar University property worth Rs 1,170 croreThe Enforcement Directorate has provisionally attached the assets of Mohammad Ali Jauhar University in Rampur. This action is taken under t...
- 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...
- New GST registration route allows online sellers to expand using ecommerce warehouses as local basesStarting November 1, small online sellers will have a new option for GST registration. They can use ecommerce warehouses as local bases in ...
- Rs 60 lakh cash gift from late husband: Widow gets income tax notice for'unexplained' credit - Know what ITAT ruledMs Parve’s counsel argued in ITAT Pune that she is a housewife and never filed her income tax return (ITR) as she had no independent source...
- GST clarification on foreign investor brokerage offers sentiment boost, analysts sayThe Indian government has clarified that brokerage paid by overseas clients may qualify as an export service. This could help foreign inves...
- Coal India’s H1 capex rises 27% to Rs 7,966 crore, beats targetCoal India Ltd has reported a capital expenditure increase of 27% to Rs 7,966 crore for the first half. The company surpassed its H1 target...
- Sunteck Realty H1FY27 net profit rises 20%, pre-sales up 19%Sunteck Realty recorded a net profit of Rs 99 crore in the first half of FY27. Revenue increased 16% to Rs 512 crore, reflecting strong bus...
- Boost for green energy projects: Maharashtra govt waives 25 pc land transfer feeMaharashtra announced a waiver for the 25 per cent transfer fee on land for renewable energy projects. This decision aims to alleviate fina...
- FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSenior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the ...
- Retired bank employee claims tax exemption on Rs 9.53 lakh leave encashment, faces income tax notice and wins full relief at ITAT JaipurAfter retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling ...
- Income Tax Rules 2026: CBDT notifies Form 173A to claim exemption on interest, capital gains from government securitiesIn a significant update, the Central Board of Direct Taxes has rolled out Form 173A, effective from October 19, 2026, under the Income-tax ...
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