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Friday, November 28, 2025
TopicIncome Tax

Topic: Income Tax

Indian govt won’t be any different from British if Hindus can’t manage their own temples

A tradition that started with the British wanting to control Indian temples’ riches continues even today.

Final hearing of National Herald case involving Sonia & Rahul to be held on 23 April

Senior advocate Kapil Sibal, appearing for the Gandhis, said that the issue has various aspects which would require considerable time.

Modi govt says it’s within its rights to make tax announcements in interim budget

If govt thinks there's a pressing issue, it's perfectly legitimate to make tax announcements in interim budget, says economic affairs secretary Subhash Garg.

Income Tax refunds being held back so that stiff collection targets are met, allege CAs

Tax collection targets were revised upwards by Rs 50,000 crore in the interim budget, and CAs claim officials are also withholding refunds for previous years.

How to pay zero tax on income of upto Rs 10 lakh, thanks to Piyush Goyal’s budget

After today’s interim budget announcement, a person earning upto Rs 10 lakh can pay zero income tax with smart financial management.

Finance minister Piyush Goyal proposes to increase TDS on rent income to Rs 2.4 lakh

While presenting this year's budget, Piyush Goyal further proposed to exempt tax on notional rent for unsold units for two years.

Income Tax department reverses order that would’ve cleared Gandhis in National Herald case

Within three weeks, I-T department reverses circular after BJP MP Subramanian Swamy, among others, raises objections.

Want ‘Make in India’ only — Ahmedabad taxman rants against Chinese water bottles

An Income Tax official shot off a letter to the administration department, calling China ‘exploitative’ & ‘narcissistic’, and asking for Indian-made bottles.

45% increase in e-filing by taxpayers who earn less than Rs 10 lakh a year

The sharp increase in tax filers in the lower income slabs can be mainly attributed to government’s decision to start penalising late filers.

Angel tax makes a comeback, tax department defends notices to start-ups

Start-ups are in the process of making a representation to the government over notices from the Income Tax department.

On Camera

Is Bangladesh ready for ‘developed country’ status? It’s all optics for Sheikh Hasina

The graduation is meant to bolster the legacy and legitimacy of Sheikh Hasina's Awami League, even as the real-world preparedness lagged behind the glossy narrative.

Karnataka startups feel the chill as global funding winter sets in. Fintech emerges as sole bright spot

The state raises just $2.7 billion in first nine months of 2025 compared to $4.5 billion last year, with late-stage investments hit hardest.

India and Indonesia inch closer to BrahMos deal, defence ties to ramp up

Indonesia delegation led by Defence Minister Sjafrie Sjamsoeddin visited BrahMos facility & met with top officials & undertook a detailed briefing on the missile system.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.