taxation

New Delhi, March 30 The New Delhi Municipal Council on Monday said that implementing the Unit Area Method (UAM) could reduce property tax by 30 to 50 percent, particularly benefiting older and self-occupied properties.This move is part of key amendments under the Jan Vishwas (Amendment of...

Thane, March 29 Corporators from the BJP and NCP (SP) criticized the Thane Municipal Corporation (TMC) administration, demanding a white paper on the expenditure of over Rs 2,560 crore from development funds and an alleged Rs 2,000 crore property scam.During a heated discussion on the civic...

Hyderabad, March 28 Telangana Chief Minister A Revanth Reddy has said that the state government is exploring policies to tax AI companies to compensate people who may lose jobs due to automation.In a virtual address to an Artificial Intelligence (AI) Symposium of Harvard Kennedy School in the...

Bengaluru, March 27 – Terming the Centre's move on fuel prices as an election gimmick, Karnataka Deputy Chief Minister D.K. Shivakumar on Friday alleged that petrol and diesel prices would be increased again immediately after the elections.Addressing the media at the KPCC office and later...

Bengaluru, March 27 Senior BJP leader and Leader of the Opposition R. Ashoka on Friday responded to Karnataka Deputy Chief Minister and State Congress President D.K. Shivakumar's criticism of fuel pricing, accusing the Congress-led state government of burdening people through repeated tax...

Hyderabad, March 27 Telangana Chief Minister A Revanth Reddy said on Friday that the state government is exploring policies to tax AI companies to compensate people who may lose jobs due to automation.In a virtual address to an Artificial Intelligence (AI) Symposium of Harvard Kennedy School...

Chandigarh, March 27 – Punjab Finance Minister Harpal Singh Cheema said on Friday that the Taxation Department has launched a large-scale, coordinated enforcement drive across the state to curb tobacco tax evasion, leading to the detection of unaccounted goods estimated at Rs 1.5 crore...

Kohima, March 27 The Nagaland Assembly passed a bill on Friday to decriminalize minor offenses and overhaul regulatory frameworks across multiple state laws.The core intent of the Nagaland Jan Vishwas (Amendment of Provisions) Bill, 2026, is to shift governance from a punitive...

New Delhi, March 26 Tyre manufacturer TVS Srichakra Ltd said on Thursday that it has received a demand notice of ₹29.47 crore, including tax and interest, from the income tax authority under a disallowance provision, with a penalty proposed for under-reporting of income.An order has been...

Shimla, March 26: Himachal Pradesh Bharatiya Janata Party (BJP) MP and former Union Minister Anurag Thakur launched a scathing attack on the Congress government in the state on Thursday, stating that the party, which came to power in 2022 based on ambitious election promises and "10 guarantees,"...

National Seminar on the Socio-Economic Impact of GST on the Middle Classes and the Emerging Middle ClassesBhubaneswar, March 25, 2026The Nabakrushna Choudhury Centre for Development Studies (NCDS), Bhubaneswar, successfully hosted a national seminar on March 25, 2026, titled "The...

Shimla, March 24 Himachal Pradesh BJP chief Rajeev Bindal said on Tuesday that the budget presented by the Sukhvinder Singh Sukhu-led government is "anti-people" as it imposes taxes on them.Addressing a press conference here, Bindal said this is the first time in Himachal Pradesh that a...

New Delhi, March 24 – The BJP on Tuesday criticized the Congress government in Himachal Pradesh for imposing a ₹5 cess on fuel, calling it "anti-common man." The party also alleged that this measure, along with increased VAT and the additional cess, will extract over ₹1,000 crore annually from...

New Delhi, March 24 – The opposition on Tuesday accused the government of ceding strategic autonomy to the United States, while the ruling alliance praised the measures taken for the overall development of the country and its people.Participating in the debate on the 2026 Finance Bill in the...

New Delhi, March 24 BJP MP Anurag Thakur on Tuesday criticised the Congress government in Himachal Pradesh for its decision to levy a Rs 5 cess on fuels, alleging that it will be extracting over Rs 1,000 crore annually from the public through increased VAT and an additional cess.Consumers in...

Shimla, March 23 Consumers in Himachal Pradesh will have to pay more for petrol and high-speed diesel, as the Assembly passed a VAT amendment bill on Monday, which seeks to levy an "Orphan and Widow" cess of up to Rs 5 per litre on these two fuels, despite the opposition BJP staging a walkout...

Bengaluru, March 23 The Karnataka Legislative Assembly passed the Karnataka Tax on Professions, Trades, Callings and Employments (Amendment) Bill, 2026, on Monday, aimed at simplifying compliance and reducing the procedural burden on taxpayers.Explaining the provisions, state Revenue Minister...

Chandigarh, March 22 Punjab Finance Minister Harpal Singh Cheema said on Sunday that the one-time settlement scheme for Value Added Tax arrears has covered dues of around Rs 298.39 crore, with Rs 111.16 crore recovered so far.Calling it a decisive step to clear outstanding tax liabilities...

Dehradun, March 22 – Following the cabinet expansion, the Uttarakhand government has assigned portfolios to its ministers. A government notification details the distribution of responsibilities among members of the Council of Ministers, with Chief Minister Pushkar Singh Dhami retaining control...

Finance Minister Nirmala Sitharaman stated today that the Income Tax Act 2025 reduces errors, disputes, and compliance costs. Speaking at the PRARAMBH 2026, a nationwide campaign on the Income Tax Act, 2025, in New Delhi, the Minister emphasized that the new act is less ambiguous and provides a...