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TAX DEMANDS SCRUTINY INDIA
When environmental rules stall housing, not pollutionIndia's environmental clearance process often delays urban housing projects, raising costs and slowing jobs without improving protection. A...
Tata says India pollution board drops scrutiny of Apple iPhone parts plantTata Electronics, an Apple supplier, has cleared pollution concerns at its iPhone plant in Tamil Nadu. The state pollution control board dr...
ITR filing 2026: Avoid these 5 mistakes that may trigger extra tax and interest for salaried employees
Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the detailsIndividuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
'These were historical mistakes': Himanta Biswa Sarma on India-Bangladesh border fencingAssam Chief Minister Himanta Biswa Sarma highlighted that border fencing along the India-Bangladesh border has seen significant progress re...
What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Higher ethanol mix tax cut a good driveIndia is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...
India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World BankIndia will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This modera...
ITR scrutiny alert: Income Tax Department identifies 6 categories of returns for mandatory scrutiny in FY 2026-27
Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
Chinese companies rush to dismantle 'red-chip' structures: ReportRed-chip firms are registered abroad, mainly in tax havens, but hold assets and businesses in China via equity ownership. Red-chip firms a...
Paid tax on black money? 7 reasons you can still lose it all
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...