Tax Authorities
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Key Changes From May 1, 2026: Gaming Rules, LPG Updates And More To Take Effect
From May 1, 2026, India's most confirmed change is the rollout of the Online Gaming Authority of India under new gaming rules, while LPG booking norms tighten and a price revision is expected.
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Suez Canal Transit Fee Is Legal, Hormuz Toll Is Not. Here's Why
The United Nations Convention on the Law of the Sea (UNCLOS), which governs international sea law, says that countries bordering straits cannot demand payment simply for permission to pass through.
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Too Many Tourists, Japan Is Now Adding A New Tax To Stay In The Country
Local authorities say the move will help fund tourism infrastructure while easing pressure on crowded destinations popular with visitors.
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IT Department Reportedly Issues Tax Notices to Crypto Traders Over Past Unreported Transactions
Indian tax authorities are issuing notices to crypto investors over unreported transactions from past financial years. The move follows increased scrutiny of exchange data and income filings, with regulators using analytics tools to detect mismatches. The notices aim to improve compliance and allow investors to clarify discrepancies before further ...
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Fino Payments Bank MD Rishi Gupta Arrested For GST Act Violation
Fino Payments Bank said that tax authorities have arrested its managing director and CEO Rishi Gupta for violating the law related to the Goods and Services Tax.
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US Supreme Court Judges Who Blocked Trump's Tariffs And Those Who Backed Him
The US Supreme Court blocked large parts of Donald Trump's global tariff programme in a 6-3 ruling on Friday. The Court found that the US President exceeded his authority under the International Emergency Economic Powers Act (IEEPA)
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Biryani Chains-Linked Tax Case Leads To Alleged 70,000 Crore Billing Scam
Three popular Hyderabad biryani chains are the focus of a major tax fraud inquiry that could lead authorities to widespread manipulation of restaurant billing systems and massive undeclared revenue.
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IndiGo Faces Rs 458 Crore GST Penalty, Airline Set To Contest Ruling
The country's largest airline IndiGo on Tuesday said authorities have slapped a GST penalty of over Rs 458 crore, and that it would contest the decision.
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Tension Grips Priyank Kharge's Turf Over Crackdown Ahead Of RSS March
Chittapur, the constituency of Karnataka Minister Priyank Kharge, remains tense after municipal officials removed saffron flags and banners put up ahead of a proposed Rashtriya Swayamsevak Sangh (RSS) tomorrow.
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Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
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Key Changes From May 1, 2026: Gaming Rules, LPG Updates And More To Take Effect
From May 1, 2026, India's most confirmed change is the rollout of the Online Gaming Authority of India under new gaming rules, while LPG booking norms tighten and a price revision is expected.
-
Suez Canal Transit Fee Is Legal, Hormuz Toll Is Not. Here's Why
The United Nations Convention on the Law of the Sea (UNCLOS), which governs international sea law, says that countries bordering straits cannot demand payment simply for permission to pass through.
-
Too Many Tourists, Japan Is Now Adding A New Tax To Stay In The Country
Local authorities say the move will help fund tourism infrastructure while easing pressure on crowded destinations popular with visitors.
-
IT Department Reportedly Issues Tax Notices to Crypto Traders Over Past Unreported Transactions
Indian tax authorities are issuing notices to crypto investors over unreported transactions from past financial years. The move follows increased scrutiny of exchange data and income filings, with regulators using analytics tools to detect mismatches. The notices aim to improve compliance and allow investors to clarify discrepancies before further ...
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Fino Payments Bank MD Rishi Gupta Arrested For GST Act Violation
Fino Payments Bank said that tax authorities have arrested its managing director and CEO Rishi Gupta for violating the law related to the Goods and Services Tax.
-
US Supreme Court Judges Who Blocked Trump's Tariffs And Those Who Backed Him
The US Supreme Court blocked large parts of Donald Trump's global tariff programme in a 6-3 ruling on Friday. The Court found that the US President exceeded his authority under the International Emergency Economic Powers Act (IEEPA)
-
Biryani Chains-Linked Tax Case Leads To Alleged 70,000 Crore Billing Scam
Three popular Hyderabad biryani chains are the focus of a major tax fraud inquiry that could lead authorities to widespread manipulation of restaurant billing systems and massive undeclared revenue.
-
IndiGo Faces Rs 458 Crore GST Penalty, Airline Set To Contest Ruling
The country's largest airline IndiGo on Tuesday said authorities have slapped a GST penalty of over Rs 458 crore, and that it would contest the decision.
-
Tension Grips Priyank Kharge's Turf Over Crackdown Ahead Of RSS March
Chittapur, the constituency of Karnataka Minister Priyank Kharge, remains tense after municipal officials removed saffron flags and banners put up ahead of a proposed Rashtriya Swayamsevak Sangh (RSS) tomorrow.
-
Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
