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TAX MOP UP GROWTH
South Korea plans future fund backed by semiconductor tax windfallSouth Korea is establishing a "Future Response Fund" from semiconductor boom tax revenues. This fund will fuel major national projects, boo...
Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reasonA Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh ...
Middle class to remain India’s growth engine: FM SitharamanIndia's middle class is identified as the primary driver of the nation's robust economic expansion, fueling consumption and ensuring its st...
Assam tea industry seeks Green Leaf Cess relief, hails ATISIS supportThe Tea Association of India lauded the Assam government's incentive scheme for boosting Orthodox tea production and exports, which saw sig...
Germany changes sick leave policy: 'We are abolishing sick leave by phone,' says Chancellor Merz; doctor's note required from day one of illnessGermany sick leave policy: Germany is set to tighten sick leave rules, requiring doctor's certificates from day one of absence upon the emp...
Can you get an Income Tax notice despite TDS deductions? Here's exactly why it happens and what you can do next
Tax department steps up scrutiny of charitable trusts over disclosure mismatchesThe Income Tax Department is intensifying its review of charitable trusts and non-profits, demanding detailed fund utilisation and governan...
- ITR filing 2026: 7 smart ways salaried employees can reduce tax under the new income tax regime
Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...
India Inc registrations jump 16% in June as investor sentiment reboundsThe number of companies incorporated increased to 19,375 in June from 16,654 a year earlier, according to the latest corporate affairs mini...
Rs 15,000 monthly investment for 20 years: NPS or mutual funds? Know which may leave you with a bigger retirement corpusRetirement planning often pits National Pension System (NPS) against equity mutual funds. While mutual funds offer flexibility and potentia...
Could've stayed as janitor but...: Man once told his 'thick Indian accent' would never get him a job is now CEO in USA viral clip highlights Sharran Srivatsaa's inspiring journey from a US janitor to a successful entrepreneur. Facing initial rejection due ...
June GST collections 13.9% to ₹1.95 lakh croreIndia's GST revenue surged 13.9% to ₹1.95 lakh crore in June, driven by a significant 34.6% jump in import tax collections. While domestic ...
Stock traders' alert: When income tax audit becomes mandatory for AY 2026-27Stock market traders, especially those involved in intraday and F&O trading without a registered business, need to understand tax audit rul...
In Graphics: How GST cuts triggered a rally for Indian businessesGovernment analysis reveals that last September's Goods and Services Tax rate adjustments led to a significant expansion of the tax base. H...
AI tools helping identify GST evasion, easing compliance for honest taxpayers: FinMinIndia's Goods and Services Tax (GST) system is leveraging advanced technologies like AI and data analytics to combat tax evasion and stream...
Inside Oyo’s FY26 profit; Gaming founders seek GST reprieveOyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...
True Gen Z builds nation, does not question its Constitution: BJP chief Nitin NabinBJP President Nitin Nabin asserted that India's Gen Z are constructive nation-builders, not those challenging the Constitution or culture. ...
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
Why Fed's bubble blind spot is cause for anxietyNew Federal Reserve Chair Kevin Warsh may follow Alan Greenspan's approach of not intervening in financial bubbles, a strategy that led to ...