NRIs in US may soon have to pay ₹5,000 tax on every ₹1 lakh sent to India
If you’re an NRI living in the United States and regularly send money home to India, a proposed new tax […]
Recent Tax News
State overcame hurdles by mopping up tax and non-tax revenues: Balagopal
Finance Minister K.N. Balagopal said here on Tuesday (May 13, 2025) that the total tax and non-tax revenues were expected
Maharashtra seeks to increase share in divisible tax pool; requests allocation of ₹1,28,231 crore to fund infra projects
To increase Maharashtra’s share in the receipt of tax revenue, the State Government on Thursday (May 9, 2025) recommended to the
Fantasy sports win turns factory worker into crorepati-but takes home only ₹2.44 crore after tax
Social media is buzzing with posts on the life-changing victory of Mangal Prasad, a humble plywood factory worker from Ghasi
Samsung challenges $520 million India tax demand over import misclassification, points to Reliance practice
Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were
Commercial tax inspector arrested for taking Rs 20L bribe in Bengaluru
An inspector with the commercial taxes department has been arrested for allegedly taking a Rs 20-lakh bribe to facilitate the
Tax scheme data leak: CBI arrests Income Tax official, CA
The CBI arrested a deputy commissioner of the income-tax department and a chartered accountant Friday for allegedly sharing sensitive data
Indian airlines, lessors get Rs 1,500 crore tax notices for FY22, FY23 over Ireland leases
Indian income tax authorities have sent notices to domestic airlines, including IndiGo, and their lessors for rearranging leases through special
Gujarat govt slashes EV tax by 5% till March 2026 to boost green mobility
The state govt has rolled out a 5 per cent vehicle tax exemption for buyers of fully electric vehicles until
Andhra Pradesh CM Naidu pushes for higher tax share; BJP seeks special weightage instead
Andhra Pradesh Chief Minister N. Chandrababu Naidu has urged the 16th Finance Commission to increase the state’s share in central
