Understanding Union Budget 2024: Investments are Expensive
New taxes on capital gains and transactions have made investments more expensive, causing a significant drop in the Indian stock market.
Understanding Union Budget 2024: New Income Tax Rates
FM Nirmala Sitharaman unveils new income tax rates and deductions in Union Budget 2024, allowing annual choice between old and new regimes.
Odisha: Rs. 390 Crore Cash Caught from Congress MP Dhiraj Sahu
Income Tax raid on Boudh Distillery Pvt. Ltd., linked to Congress MP Dhiraj Sahu's relatives, seizes ?390 crore black money, setting a record for a single operation in India.
India to Get Air Taxis by 2026 in Mumbai, Delhi and Bengaluru
Indigo Airline’s parent company InterGlobe Enterprises signed a partnership MOU with US Archer Aviation to introduce electric air taxi services in India by 2026.
Mumbai’s Famous Padmini Taxis Discontinued
Mumbai's iconic Kaali Peeli taxis have been retired, leaving mixed emotions and calls for preservation in a museum.
The Kerala Story Tax-Free in Madhya Pradesh
The Kerala Story, a highly controversial film released on 5th May 2023. Here’s what the audience is saying and feeling!
How Much Cash Can You Keep At Home?
Look at the limit of cash to be kept and home and other important rules by the income tax department.
Ola, Uber and Rapido Bike Services Banned in Delhi and Mumbai
The Delhi & Mumbai government has announced a ban on bike taxis with immediate effect. Watch the video for more details.
Income Tax Survey at BBC Offices in Delhi & Mumbai
The Income Tax Department conducted a survey operation at the BBC’s offices in Delhi and Mumbai as part of an investigation into alleged tax evasion.
Labourer to Pay Rs 14 crore as Income Tax
The income tax department gave a notice to a daily wage labourer living in Bihar’s Rohtas district asking him to pay ?14 crores.
Chinese Firm Tests Flying Taxi in Dubai
A Chinese firm tested out an electric flying taxi in Dubai on Monday, 10th of October, showcasing a glimpse of futuristic technology.
I Pay So Much Tax Money, Where Does It Go?
An explanation of the government budget and how it spends tax revenue collected
Uttar Pradesh: 180 Kg Fake Police Inspector Caught
180 kg fake inspector arrested, used to wear police uniform to save toll tax. Watch our video for all the details.
Kanpur: Dead Man’s Body Kept at Home for 18 Months
The family of an Income Tax department employee who died last year kept his body at home for almost 18 months assuming that he was in a coma.
Mumbai: Autos & Taxis to Become Expensive from 1st October 2022
The state Transport Department has agreed to raise the minimum fares of taxis by Rs 3 and auto-rickshaws by Rs 2 from 1st of October.
India: 30% Tax on CryptoCurrency from 1 April 2022
Cryptocurrency gains will be taxed at 30 per cent beginning April 1.
Kejriwal Denies To Make Kashmir Files tax Free
Where Kashmir Files is gaining support all across the world and several states across India have made it tax free, Kejriwal on Thursday denied BJP’s plea to make the film tax free in Delhi- Watch Full
Maharashtra Government Removes Property Tax
Chief Minister Uddhav Thackeray announced the government’s decision to waive property tax on residential units measuring up to 500 sq ft in Mumbai.
Piyush Jain Raid: Rs 250 cr Cash, 23kg Gold & 600kg Sandalwood
Kanpur businessman Piyush Jain has been sent to jail after a prolonged 5 day-raid at his residence led to the recovery of over Rs 250 crore.
Ajit Pawar’s Rs.1,000 crore worth Property Seized by IT Dept
The Tax Department has seized properties worth over Rs. 1,000 crore linked to Maharashtra Deputy Chief Minister Ajit Pawar and his family members.
Petrol Now More Expensive than Aviation Fuel
The price of petrol has steeply increased over the last few weeks. It has now become more expensive than aviation fuel.
Sonu Sood Evaded Tax Worth Rs 20 crore
According to the Central Bureau of Direct Taxes (CBDT) bollywood actor Sonu Sood and his associates were involved in ?20 crore tax evasion.
Sonu Sood’s Offices Raided by Income Tax Department
Actor Sonu Sood's offices in Mumbai and a company in Lucknow linked to him were raided by the Income Tax department. Watch our latest video to learn more.
Lucknow Girls Explains Why She Slapped the Driver
The Lucknow girl who was caught beating up a taxi driver in a viral video has recently spoken up about what happened on that night.
Lucknow Girl Beats Taxi Driver in Viral Video
An FIR has been registered against a young woman who assaulted a cab driver in Lucknow in a video that has gone viral on social media.
Vijay Fined Rs 1 lakh for Entry Tax on his Rolls Royce Car
The Madras High Court recently imposed a ? 1 lakh fine on Tamil movie star Vijay for trying to avoid paying tax on the Rolls Royce Ghost car he had imported in 2012.
Govt Extended FY21 Income Tax Return Deadline
In a major relief to taxpayers, the Central Board of Direct Taxes announced new Income Tax filing deadlines for FY 2020-21.
Violent Protests in Columbia Against Tax Reforms
Colombia is witnessing a spate of violence, and days of protests against a now-shelved tax reform proposal have left at least 19 people dead and 846 injured in clashes between the police and demonstra
Rs 1,000 Fine For Not Linking PAN & Aadhar Card
Deadline for PAN Aadhaar Link is 31st March 2021 and like previous occasions, this time there won’t be any extension.
Anurag Kashyap & Taapsee Pannu Face Income Tax Raids
Income Tax officials today raided properties linked to filmmaker Anurag Kashyap and actor Taapsee Pannu in Mumbai over alleged tax evasion.
Deaf Taxi Driver in Paisley Convicted in Domestic Abuse Cases
Iftikhar Sharif (47) a deaf private cab driver in Paisley, Scotland was convicted and jailed for almost a year after he was engaging in a “course of conduct of physical violence and psychological abus
Transport Ministry Proposes 'Green' Tax On Old Vehicles
A 'Green tax' will soon be imposed on older vehicles in a bid to clean up the environment by phasing out unfit and polluting vehicles.
India's First Air Taxi Service Launched In Chandigarh
Manohar Lal Khattar inaugurated India's first Air Taxi service at the Chandigarh Airport. The service was launched under the UDAN scheme of the government.
Income Tax Returns Deadline Postponed
The Indian government has extended the deadline income tax return filing has been extended from December 31 to January 10.
Argentina Passes Millionaire’s Tax for Covid Relief
Argentina’s Senate has approved a new one time wealth tax to be paid by the rich people. The money will help the government fund COVID-19 measures, including purchasing health supplies and giving econ
Income Tax Return Deadline Extended
Now The Finance Ministry announced that the deadline for filing income tax returns (ITRs) has again been extended till December 31.
PM Modi Announces Free Food for 80 Crore Indians
Prime Minister Narendra Modi addressed the nation credit to the farmers and taxpayers. Watch our latest video learn about the highlights of his speech.
Income Tax Refunds Will be Given Immediately
The Ministry of Finance has decided to issue all pending income tax refunds up to Rs 5 lakh, immediately. Watch our latest video to learn all the details.
Tax Deadlines Postponed till 30th June 2020
While waiting out the lockdown at home, now is a good time to finish pending tax work due to the postponement of all tax related deadlines. Watch our video to learn all the details.
Rs 10,000 Fine is PAN Aadhar Not Linked
Failure of linking of the PAN Card with the Aadhaar Card after March 31, 2020, will lead to a fine of Rs 10,000.
Alcohol In Goa to Become Expensive
The party capital of India, Goa, will soon experience a big change with the increase in tax on alcohol.
Tamil Actor Vijay Summoned By Income Tax Department
South Indian superstar Vijay, has been summoned by the Income tax authorities for questioning.
PAN-Aadhar Linking Deadline Postponed
The Central Board of Direct Taxes (CBDT) has extended the deadline for people to link their PAN with Aadhaar to 31st March 2020.
21 Corrupt IT Officers Sacked
The Indian government on Tuesday 26th November, compulsorily retired 21 junior officers of the Income Tax Department.
Govt Reduces Tax For Corporate Companies
Finance Minister Nirmala Sitharaman announced that basic Corporate Tax Rates will be slashed to boost national economy.
Rs.1,000 Fine for Refusing Taxi in MP
Madhya Pradesh government has created new laws for App based taxi aggregators. These laws will change the way cabs function in the state and protect the rights of the consumers.
E-Tickets To Become More Expensive
The Indian Railway Ministry has decided to adding service charge on their E-tickets which would make them costlier. This decision was not at all appreciated by passengers.
Aligarh Kachori Seller Earns Rs 60 lakh - 1 Cr
A Kachori seller in Aligarh, Uttar Pradesh has a monthly income of Rs 60 lakh to Rs 1 crore.
Modi Fires 15 Senior Customs Officers
Recently PM Modi forcibly retired 12 senior Income Tax officials. He has done this again. He has fired 15 senior customs officials
Govt Compulsorily Retires Senior Income Tax Officers
After being re-elected for the second time, within ten days of PM Modi coming to power, the finance ministry took a major step to clean up the Income Tax Department.
Bengaluru Auto Driver Comes Under Income Tax Radar
Auto driver owns 1.6 crore villa and officers find 7.9 crores in jewelry & property documents.
Tughlaq Road Election Scam
Prime Minister Modi claims that large scale corruption is going on at Tughlaq road. These claims were made amidst the background of Income Tax raids.
Politicians Hema Malini & Raj Babbar Declare Assets
This year as per the Election Commission's rule, Lok Sabha Elections candidates Hema Malini and Raj Babbar have declared their Income tax returns for the last 5 years, foreign assets and their crimina
2019 Interim-Union Budget
Piyush Goyal’s financial budget.
Karnataka Revokes Ola's 6-Month Suspension
Karnataka State Government revokes Karnataka Transport Department’s decision to suspend the licence of the app-based taxi aggregator, Ola.
Politicians Now Have to Declare 5-Yrs I-T Returns
The Election Commission Has decided that all political candidates taking part in the upcoming General Election have to declare Income Tax returns for the last five years. These details now be availabl
GST Collection Crosses Rs 1 Lakh Crore
IT department is successful in collecting more than Rs 1 lakh crore in taxes this year.
IT Department Seize Rs 6,900 Crore Under Anti-Benami Law
IT Department confiscates assets worth Rs 6,900 crore under Anti-Benami Law.
Maharashtra Increases Electricity by 10p/Unit
Maharashtra state government increased tax on electricity to provide solar water pumps to farmers.
Vodafone Idea Demand Rs 4,761 Tax Refund
Vodafone Idea appeal to the Supreme Court for tax refund.
UP Increases Tax on Beer to Fund Cow Shelters
UP government imposes tax on Beer and foreign liquor to build cow shelters for stray cattle.
Pan Card Can Be Available in 4 Hrs
PAN card can now be allotted in 4 hrs due to the modernisation of the tax department.
