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How Trump's 'Big, Beautiful Bill' Impacts Funds Transferred To India
In Donald Trump's "One Big Beautiful Bill," recently pushed through the House of Representatives, lies a provision that could change global remittance flows, and India, the world's leading recipient of remittances, could be impacted the most.
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Adani Group Sees 29% Rise In Tax Payments To Rs 75,000 Crore
The Rs 74,945 crore tax outgo in FY25 is roughly the cost of building the entire Mumbai Metro network - an infrastructure lifeline for millions of people. It's also nearly enough to host a modern-day Olympics.
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Sri Lankan Cricketers Seek Court's Intervention In Tax Dispute
Sri Lankan cricketers have sought the intervention of Court of Appeal following a personal income tax dispute with the game's governing body.
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Ex-Tax Officer's Properties Worth Over Rs 7 Crore Attached In 'Disproportionate Assets' Case
The CBI Court on June 2 issued an ad-interim order for the attachment of 14 immovable properties, worth over Rs 7 crore, belonging to the then Additional Commissioner of Income Tax in connection with an alleged Disproportionate Assets (DA) case.
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PM Modi Invites Global Companies To Invest In India's Fast-Growing Aviation Sector
Prime Minister Narendra Modi on Monday invited global companies to invest in the country's fast-growing aviation sector, citing a streamlined regulatory framework, ease of compliance, and a simplified tax structure.
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New Electric Car Scheme Offers Import Tax Cuts To Makers For Local Production
The government will significantly lower import tax for foreign automakers that pledge to invest in domestic electric vehicle (EV) production, as it looks to strengthen local manufacturing and draw in global industry leaders.
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GOI Issues EV Manufacturing Policy To Boost Electric Car Production: Full Details
GOI is aiming to cut down the import taxes for foreign automakers under its EV policy, provided they invest in the country's EV production facilities.
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Supreme Court Upholds Constitutional Validity of Dual Taxation on Cable TV, OTT Platforms: Report
The Supreme Court has upheld the right of state governments to levy an entertainment tax on broadcasting and digital streaming services, as they are classified as a "luxury" under the seventh schedule of the Constitution of India. This ruling clarifies that both cable TV broadcasters are liable to pay a service tax to the central government and an ...
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Posed As Income Tax Officers, 3 Men Dupe Navi Mumbai Woman Of Rs 1.8 Crore
Police in Navi Mumbai have busted an interstate gang involved in digital arrest frauds, arresting three individuals who allegedly cheated people by posing as government officials and coercing them into transferring money, officials said.
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Revenue Service Officer Assaulted By Colleague At Income Tax Office: Police
An Indian Revenue Service (IRS) officer was allegedly assaulted by a colleague from the Income Tax Department during an argument in Lucknow on Thursday, police sources said.
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'No, Tariffs Never Came Up...': India After Trump's Latest Ceasefire Claim
India has debunked, firmly and yet again, any link between tariffs imposed by the United States and discussions with that country over the May 10 cessation of hostilities with Pakistan.
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Samsung India Executives Seek to Quash $81 Million Penalty Over Tax Evasion
Seven Samsung India executives have asked a court to revoke penalties of $81 million (roughly Rs. 692 crore) from a $601 million (roughly Rs. 5,135 crore) tax demand in India. Samsung's India unit faced a $520 million (Rs. 4,443 crore) tax demand, while employees were fined $81 million (Rs. 692 crore) for their alleged part in misclassifying impo...
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ITR Filing 2025: What Is The Minimum Income Required To File Income Tax Return In India?
According to Indian tax laws, filing ITR is mandatory only if your income exceeds the basic exemption limit.
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Central Funds, Water: Non-BJP Chief Ministers' Demands At Meet Led By PM
The Niti Aayog meeting on Saturday, in which the Prime Minister urged all states to work together towards the goal of a developed India, also saw some opposition chief ministers raise issues affecting their states, with their main grievances boiling
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NDTV Ground Report: Extortion Part Of China's Unconventional War On India
The NSCN-IM plans to raise over Rs 158 crore in what they call "sovereignty tax", under which everything from food items to fuel to construction materials is "taxed".
-
How Trump's 'Big, Beautiful Bill' Impacts Funds Transferred To India
In Donald Trump's "One Big Beautiful Bill," recently pushed through the House of Representatives, lies a provision that could change global remittance flows, and India, the world's leading recipient of remittances, could be impacted the most.
-
Adani Group Sees 29% Rise In Tax Payments To Rs 75,000 Crore
The Rs 74,945 crore tax outgo in FY25 is roughly the cost of building the entire Mumbai Metro network - an infrastructure lifeline for millions of people. It's also nearly enough to host a modern-day Olympics.
-
Sri Lankan Cricketers Seek Court's Intervention In Tax Dispute
Sri Lankan cricketers have sought the intervention of Court of Appeal following a personal income tax dispute with the game's governing body.
-
Ex-Tax Officer's Properties Worth Over Rs 7 Crore Attached In 'Disproportionate Assets' Case
The CBI Court on June 2 issued an ad-interim order for the attachment of 14 immovable properties, worth over Rs 7 crore, belonging to the then Additional Commissioner of Income Tax in connection with an alleged Disproportionate Assets (DA) case.
-
PM Modi Invites Global Companies To Invest In India's Fast-Growing Aviation Sector
Prime Minister Narendra Modi on Monday invited global companies to invest in the country's fast-growing aviation sector, citing a streamlined regulatory framework, ease of compliance, and a simplified tax structure.
-
New Electric Car Scheme Offers Import Tax Cuts To Makers For Local Production
The government will significantly lower import tax for foreign automakers that pledge to invest in domestic electric vehicle (EV) production, as it looks to strengthen local manufacturing and draw in global industry leaders.
-
GOI Issues EV Manufacturing Policy To Boost Electric Car Production: Full Details
GOI is aiming to cut down the import taxes for foreign automakers under its EV policy, provided they invest in the country's EV production facilities.
-
Supreme Court Upholds Constitutional Validity of Dual Taxation on Cable TV, OTT Platforms: Report
The Supreme Court has upheld the right of state governments to levy an entertainment tax on broadcasting and digital streaming services, as they are classified as a "luxury" under the seventh schedule of the Constitution of India. This ruling clarifies that both cable TV broadcasters are liable to pay a service tax to the central government and an ...
-
Posed As Income Tax Officers, 3 Men Dupe Navi Mumbai Woman Of Rs 1.8 Crore
Police in Navi Mumbai have busted an interstate gang involved in digital arrest frauds, arresting three individuals who allegedly cheated people by posing as government officials and coercing them into transferring money, officials said.
-
Revenue Service Officer Assaulted By Colleague At Income Tax Office: Police
An Indian Revenue Service (IRS) officer was allegedly assaulted by a colleague from the Income Tax Department during an argument in Lucknow on Thursday, police sources said.
-
'No, Tariffs Never Came Up...': India After Trump's Latest Ceasefire Claim
India has debunked, firmly and yet again, any link between tariffs imposed by the United States and discussions with that country over the May 10 cessation of hostilities with Pakistan.
-
Samsung India Executives Seek to Quash $81 Million Penalty Over Tax Evasion
Seven Samsung India executives have asked a court to revoke penalties of $81 million (roughly Rs. 692 crore) from a $601 million (roughly Rs. 5,135 crore) tax demand in India. Samsung's India unit faced a $520 million (Rs. 4,443 crore) tax demand, while employees were fined $81 million (Rs. 692 crore) for their alleged part in misclassifying impo...
-
ITR Filing 2025: What Is The Minimum Income Required To File Income Tax Return In India?
According to Indian tax laws, filing ITR is mandatory only if your income exceeds the basic exemption limit.
-
Central Funds, Water: Non-BJP Chief Ministers' Demands At Meet Led By PM
The Niti Aayog meeting on Saturday, in which the Prime Minister urged all states to work together towards the goal of a developed India, also saw some opposition chief ministers raise issues affecting their states, with their main grievances boiling
-
NDTV Ground Report: Extortion Part Of China's Unconventional War On India
The NSCN-IM plans to raise over Rs 158 crore in what they call "sovereignty tax", under which everything from food items to fuel to construction materials is "taxed".
