Employee files ITR using Form 16, gets Rs 51.2 lakh tax penalty; ITAT ruling offers key lessons for taxpayers
A taxpayer who claimed a tax exemption based on the details mentioned in his employer-issued Form 16 was hit with a steep […]
Tax cut alone may not revive foreign bond inflows into India, say experts
As capital outflows have erased nearly $38 billion from India’s foreign exchange reserves since tensions in West Asia escalated, reports
Punjab minister Sanjeev Arora sent to judicial custody in ₹100 crore money laundering case
A special PMLA court on Monday sent Punjab Industries Minister Sanjeev Arora to judicial custody in a money laundering case.
J.K. Cement Receives GST Demand Order of Rs 8,02,113/- from Ahmedabad Tax Authority
J.K. Cement Limited has disclosed, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that it
Bail Is the Rule and Jail Is the Exception – Constitutional Primacy of Article 21 over Statutory Embargoes
The Hon’ble Supreme Court of India in Syed Iftikhar Andrabi v. National Investigation Agency, Jammu [Criminal Appeal arising out of
Two Arrested After ₹9.12 Crore GST Evasion Probe in Bareilly and Meerut
A major crackdown by the GST department in Bareilly and Meerut has exposed an alleged tax evasion racket worth ₹
Wait for next 57th GST Council meeting continues; Experts flag disruptions in reforms momentum
The wait for the next GST Council meeting is getting longer as even after formation of governments in 4 States
Income Tax Dept Says Only TRACES-Downloaded Form 16, 16A Valid For Income Tax Return Filing
Taxpayers are entering the Income Tax Return filing period for the current assessment year, with compliance and documentation linked to
India Sets Ambitious Export Vision: Piyush Goyal Unveils National Mission to Achieve $1 Trillion Exports This Year and $2 Trillion in Five Years, Boosting Global Trade Through FTAs, Swadeshi Manufacturing, Import Substitution, and Startup-Led Domestic Growth
Union Minister of Commerce and Industry Shri Piyush Goyal today on May 19, 2026 said that India has set a
Delhi Government Slashes VAT on Aviation Turbine Fuel (ATF) to 7%: Major Relief for Aviation Sector to Boost Air Connectivity, Reduce Airfare and Strengthen Delhi as a Global Aviation Hub
In a significant move aimed at providing relief to the aviation sector and promoting Delhi as a competitive aviation hub,
