Income Tax Department Cracks Down On Bogus Refund Claims Ahead Of Filing Deadline
The Income Tax Department has launched a nationwide crackdown on fraudulent exemption and deduction claims as the deadline for filing […]
First quarter direct tax collection: What do the numbers indicate
Direct Tax collection numbers at the first quarter stage (June Quarter) or at the end of any other quarter do
One TDS Mistake Cost Tenant Rs 1 Lakh Fine Despite Paying Rs 55k Regularly In Rent
A tenant received the tax penalty of Rs 1 lakh by the income tax department despite paying a regular Rs
Centre Eyes Rs 6 Lakh Crore from Cess and Surcharge in FY26, Up 10% Over FY25 – Details Inside
The central government has set an ambitious target to collect over ₹4.18 lakh crore from cess and more than ₹1.72
Nagaland records steep rise in GST revenue
Nagaland recorded a sharp rise in GST revenue, with 104% jump in June alone. The state tax department celebrated this
More Rate Cuts Incoming, GST Slabs Simplification—Major Economic Changes In August
As August approaches, India’s economy is at an important point with big decisions coming up. The Reserve Bank of India
Lower GST on bicycles from 12% to 5%: Makers to govt
Manufacturers of the city have revived their plea for the reduction of GST on bicycles from 12% to 5%. Their
Indian Economy Stays Resilient Despite Global Woes, FY26 Growth Likely At 6.2-6.5%: Finance Ministry
India’s economy continues to show signs of resilience despite global headwinds, supported by robust domestic demand, healthy monsoons, and fiscal
DGFT notifies three new SIONs for export products under Chemical & Allied Product Group
The DGFT vide Public Notice No. 16/2025-26, dated July 29, 2025, announces the fixation of new Standard Input Output Norms
GST collection has clocked double digit growth in April-June quarter: Minister
The average monthly net GST collection has risen by a robust 10.7 per cent to Rs 1,80,774 crore in the
