tax compliance

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    MCD Seals Properties in Keshavpuram for Over Rs 1.33 Crore Tax Dues

    New Delhi, March 11 The Municipal Corporation of Delhi sealed two commercial properties in the Keshavpuram zone on Wednesday, allegedly for non-payment of property tax dues worth over Rs 1.33 crore, according to an official statement.The civic body took the action as part of its ongoing drive...
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    IRS Officers Receive Guidance on Balancing Authority and Citizen Trust

    New Delhi, March 10 President Droupadi Murmu said on Tuesday that tax officers must exercise the authority entrusted to them with humility, restraint, and an unwavering commitment to constitutional values.Addressing a group of Indian Revenue Service (Income Tax) officers who had called on the...
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    India's Restaurants Face Income Tax Audit

    New Delhi, March 9 The Income-Tax Department has detected under-reporting of sales worth Rs 408 crore after it conducted a nationwide survey of restaurants on charges of tax evasion, the CBDT said on Monday.Following the action of visiting their business premises on Sunday, the taxman is now...
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    GST Collection Growth: Haryana Sees 22% Increase in FY 2025-26

    Chandigarh, March 1 Haryana Excise and Taxation Commissioner Vinay Pratap Singh said on Sunday that the state's gross SGST collection continues to grow at a record 22 per cent in 2025-26 compared to the previous fiscal, according to the latest data released by the Union Finance Ministry.He...
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    Yogi Adityanath Reviews Tax Collection Performance in FY2025-26

    Lucknow, February 27 Uttar Pradesh Chief Minister Yogi Adityanath on Friday chaired a high-level meeting to review the updated status of tax and non-tax revenue receipts up to the end of February in the financial year 2025-26.Assessing the targets and achievements presented by the GST, VAT...
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    Income Tax 2026: Changes to Rental Deductions and Audit Procedures

    New Delhi, February 25 The government has released draft income tax forms that require disclosure of the tenant-landlord relationship to claim I-T deductions, and increased the responsibility of auditors and companies for claiming tax credits on foreign income.The draft forms also propose to...
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    Finance Minister Cheema Details OTS Policy and Property Attachments

    Chandigarh, February 19 Punjab Finance Minister Harpal Singh Cheema said on Thursday that the government is committed to ensuring a harassment-free and conducive business environment while maintaining strict tax compliance in the state.According to Cheema, the state Taxation Department has...
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    Airline Fined Rs 1.27 Crore Over GST Dispute

    New Delhi, February 13 IndiGo said on Friday that it has been fined over Rs 1.27 crore related to Goods and Services Tax (GST) input tax credit, and that it will challenge the order.In a filing to the BSE, the airline's parent company, InterGlobe Aviation, said that it has been denied input...
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    Income Tax Department Issues Demand Notice to Equestrian Federation

    New Delhi, February 12 The Income Tax Department has, for the first time, issued a demand notice of ₹4.62 crore to the Equestrian Federation of India for the assessment year 2024-25 under Section 156 of the Income-Tax Act, 1961, according to official documents.The notice, dated February 9...
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    Seeking Safeguards: TDS Compliance and First-Time Homebuyers

    New Delhi, February 11 The Supreme Court on Wednesday dismissed a petition alleging the absence of a mechanism to inform people about their obligation regarding tax deducted at source (TDS) when purchasing property valued at more than Rs 50 lakh.A bench of Justices Vikram Nath and Sandeep...
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    CBDT's NUDGE Campaign Could Transform Government Governance

    New Delhi, February 9 The Income-Tax Department's NUDGE – a technology-enabled campaign to encourage taxpayers to pay their dues before initiating penal procedures – could be adopted by various other government departments like the CBIC to improve governance, CBDT Chairman Ravi Agrawal has said...
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