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PENALTY WAIVER
Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...- IRS tax deadline extension for Washington disaster relief: New 2026 filing date, eligibility, process, refund insights and key updatesIRS tax deadline extension 2026: Washington residents hit by severe weather now have until August 15, 2026, to file taxes, thanks to an IRS...
- West Asia crisis: Drone industry lauds govt's no-penalty relief for disrupted contractsThe Indian drone industry has received timely relief. The government has recognized the West Asia situation as a Force Majeure. This allows...
- Airport operators urge MoCA for urgent relief amid 25% cut charges to compensate revenue lossAirport operators are requesting urgent government support. A 25 percent cut in landing and parking fees for domestic flights has impacted ...
- WhiteOak Mutual Fund waives exit load on fresh investments; existing units retain old chargesWhiteOak Capital Mutual Fund has removed exit loads on new investments in its equity and hybrid schemes. This investor-friendly move enhanc...
- India may get a crude hit from Trump's curbs on Russian & Iranian oil buying freedomThe United States has ended sanctions waivers that allowed countries, including India, to buy Russian and Iranian oil without penalties, a ...
- US ends sanctions waiver for Russian, Iranian Oil; India among affected buyersUS Treasury Secretary Scott Bessent on Wednesday confirmed Washington will not renew sanctions waivers on Russian and Iranian oil, ending t...
- How much do 2026 tax penalties cost if you file late? IRS interest rates and monthly fees explainedMissing the April 15 deadline in 2026 can cost you up to 25% in penalties alone. The 2026 tax penalties cost late filing starts at 5% per m...
- UAE draws up economic shield plan to counter Iran war falloutThe United Arab Emirates is preparing a contingency economic plan. This plan aims to protect the economy from disruption and boost long-ter...
- MSMEs seek force majeure relief amid Gulf war disruptionsSmall businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to g...
- US sanctioned Iran oil tanker turns away from India, heads to ChinaIran war: A US-sanctioned tanker carrying Iranian crude, Ping Shun, has changed course to China after earlier signaling India as its destin...
- NHBF seeks escalation support of 17-18% for National Highway projects to restore financial viabilityIn its submission to road transport and highways minister Nitin Gadkari, the National Highways Builders Federation said increase in input c...
- Sebi issues guidelines for MIIs to review penalty waiver requestsMarkets watchdog Sebi on Tuesday issued new guidelines for market infrastructure institutions (MIIs) stock exchanges, clearing corporations...
- Pending GST tax dues recovery under amnesty scheme likely to be Rs 6,000 cr: Ajit PawarMaharashtra's Deputy Chief Minister, Ajit Pawar, announced an amnesty scheme for state GST dues. The scheme aims to recover Rs 6,000 crore,...
- GST relief: No need to pay interest and penalty on GST tax demand; conditional waiver from November 1, 2024Goods and Service Tax (GST): The newly inserted section 128A has been notified by the Ministry of Finance with effect from November 1, 2024...
- Big GST relief in budget 2024: No need to pay interest and penalty for these GST noticesBudget 2024: Relief for GST registered individuals and companies. "The waiver of interest and penalties for tax disputes faced by genuine t...
- US Customs and Border Protection slaps fine on IndiGoIndiGo was fined USD 5,832.60 by US Customs and Border Protection for late payment of the immigration user fee. The airline is seeking a wa...
- CBIC extends penalty waiver on dynamic QR Code implementation till June 30, 2021According to a notification issued Tuesday, the Board said that the three-month waiver will be applicable subject to the condition that com...
- CBDT bats for penalty waiver in retro tax cases; boost for Vodafone?CBDT has recommended waiver of penalties in cases where tax laws are applied retrospectively, two government officials familiar with the de...
- Vodafone in talks with Finance Ministry for penalty waiverThe govt may agree to waive the penalty and interest amount of about Rs 8,000 cr, reducing company’s tax liability to Rs 12,000 crore.
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