LIC receives ₹6,146.71 crore income tax demand order for FY22; plans to appeal
Life Insurance Corporation of India has received a demand order from the Income Tax Department for the financial year 2021–22, […]
CAG flags Rs 1,234 crore unverifiable GST records amid systemic lapses in Gujarat
A CAG report tabled in the Gujarat Assembly has exposed systemic gaps in GST enforcement, flagging Rs 2,606.62 crore in
FM defends GST rate cuts, cites auto sales and rural PV, tractor growth
Union Finance Minister Nirmala Sitharaman on Wednesday defended the September 2025 GST rate rationalisation in the Lok Sabha, citing a
DBS Bank India launches direct tax payment facility for individuals, businesses
DBS Bank India on Monday announced the launch of its direct tax payment facility, following authorisation from the Central Board
CRISIL faces ₹121 crore tax demand, to challenge reassessment order
CRISIL Limited has received a reassessment order from the Income Tax Authority for AY 2017–18, resulting in a demand of
Income Tax Rules 2026: What changes for credit card users from April 1
Effective April 1, 2026, credit cards will function as extensions of tax identities under a new Income Tax framework. The
SC: Pre-Deposit Cannot Be Weaponised Against a Taxpayer Denied Fair Adjudication
The Hon’ble Supreme Court of India in M/s Simla Gomti Pan Products Pvt. Ltd. v. Commissioner of State Tax, U.P.
Finance Bill 2026 cleared; limit buyback tax to domestic entities
The government has moved amendments to the Finance Bill, 2026, in the Lok Sabha that offer significant relief to taxpayers.
8cr GST fraud: Firm director sent to 14-day judicial custody
The Central Goods and Services Tax officers of the anti-evasion unit in Kolkata started probe in a Rs 8 crore
Amendments to Finance Bill 2026: Steps to curb tax litigation, simplify compliance proposed
Finance Minister Nirmala Sitharaman is scheduled to move a series of amendments to the Finance Bill, 2026 in the Lok
