HC fines tax official 25,000 for wrongly rejecting valid appeal
A division bench of MP high court imposed a cost of Rs 25,000 on joint commissioner, state tax and ex-officio […]
Recent Tax News
Identity Theft Sparks Rs 5-Cr Tax Evasion Case Telangana
Nagole police have registered a case of cheating, forgery and criminal conspiracy after a 43-year-old advocate from Mehdipatnam alleged that
Centre ‘partial’ in allocation and release of funds to developed states like Tamil Nadu: TN finance minister
The Centre is “continuing to be partial” in allocation and release of funds to States like Tamil Nadu, TN Finance
Tax, non-tax revenues up, says CAG
Even as the state recorded modest increase in tax and non-tax revenues, overall revenue receipts declined in 2023-24, partly due
Madras High Court issues notice to Centre on plea seeking disclosure of tax components in petrol, diesel bills
The Madras High Court has issued notices to the Union Ministry of Petroleum and Natural Gas and other authorities on
India maintains resilience amid trade uncertainties; tax reforms to aid growth: Finance ministry
A recent report by the Finance Ministry’s emphasises that government reforms will protect the economy from trade-related challenges, while advocating
Tax burden ‘will keep going down’ as economy gains more strength: PM Modi
Prime Minister Narendra Modi on Thursday said tax burden on people will ease further as India’s economy gains more strength
DFS releases detailed FAQs on the tax treatment under UPS; NPS Tax Benefits applicable to UPS
The Unified Pension Scheme (UPS) was notified by the Ministry of Finance, Government of India, vide Notification No. F. No.
Centre Transfers Over Rs 4.28 Lakh Crore As Tax Revenue To States
The Central government has received Rs 10,95,209 crore from April to July of the current financial year, which comprises 31.3
Pre-budget meetings for FY26-27 to start from October 9
The Department of Economic Affairs (DEA) has announced that pre-budget meetings for the financial year 2026-27 will begin on October
