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PROPERTY TAX DEFAULTERS
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...- ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
- 25-year-old earning ₹1L/month asked to take ₹92 lakh loan for parents’ property deal; family expects flat value to soar in 5 years; sparks debt trap concernsA 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...
- Planning to take home loan? 5 smart ways to maximise your benefitsThe amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...
- Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
- GIFT City vs Dubai vs Singapore: What you need to know while choosing your investment hubIndian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...
- Dubai home prices record first decline after post-pandemic boomDubai's red-hot housing market is cooling for the first time since 2020, with prices and sales volume dropping in March. Regional conflict ...
- How secured loans can open new doors to credit-based growth for MSMEsSecured loans offer MSMEs a pathway into the formal credit system, eliminating the need for years of audited financials or a long operation...
- Employee fined Rs 10 lakh over lack of ESOP disclosure in ITR; here's why ITAT Chennai cancelled itAn Indian employee faced a Rs 10 lakh penalty for not disclosing foreign ESOPs in his Income Tax Return. The Income Tax Appellate Tribunal,...
- No campus housing? Key renting rules for Indian students in the USIndian students pursuing education in the US on F1, M1, or J1 visas often face challenges securing off-campus housing. Landlords typically ...
- No jail for honking or smoking in metro: How Jan Vishwas Bill 2026 ends imprisonment for everyday violationsThe Jan Vishwas Bill has been passed by the Lok Sabha. This legislation aims to decriminalize minor offenses across many central laws. It r...
- Maharashtra civic body seals house in Kalyan to recover property tax, ignores sick woman trapped insideIn a case of alleged negligence, Kalyan civic officials in Maharashtra sealed a house from the outside to recover property taxes, leaving a...
- MCD cracks down on property tax defaulters, attaches 88 properties, 87 bank accountsThe Municipal Corporation of Delhi (MCD) has taken strong action against property tax defaulters, attaching 88 properties and 87 bank accou...
- Bengaluru to charge 100% penalty on unpaid property taxes starting April 1BBMP will impose a 100% penalty on all unpaid property taxes from April 1. Property owners must pay dues before March 31 to avoid the penal...
- About 8,000 property tax defaulters owe Chennai civic body Rs 300 croreSenior officers say that they can issue a default distraint warrant and seize the property of a defaulter. But this is a last resort and a ...
- Property tax defaulters to face music as Noida authority plans to 'shame' themKeshav Kumar, additional district magistrate (finance), Gautam Budh Nagar, said there are around 700 defaulters who owe Rs 220 crore to the...
- Details on Bruhat Bengaluru Mahanagara Palike's tax defaults a click awayThe officials, with access to the GEPTIS internal property tax monitoring system, can easily access the list of top 10, 50 and 100 tax defa...
- Bengaluru civic body to levy hefty fines on property tax defaultersChairman of the BBMP standing committee on taxation and finance, MK Gunashekar told TOI that tax defaulters would be penalised heavily.
- 1,140 farmhouse owners issued notice for tax evasion: SDMCDuring the financial year 2014-15, more than 2,000 farmhouse-owners were issued notices on whom assessments are being finalised now.
- IT biggies among 558 property tax defaultersBruhat Bangalore Mahanagara Palike has put 558 property defaulters, including some IT majors, who owe tax in excess of Rs 1 lakh, on notice.
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