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10 Key Highlights of Budget 2024
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Taxes
Taxes News
Mutual Fund: When should you withdraw money, and how to save on taxes?
Tahir Qureshi January 10, 2026 3:55 PM IST
If your fund has been underperforming continuously, then you should withdraw your investment.
New Income Tax Act, 2025 to come into effect from April 1; Major changes and new provisions explained
Tahir Qureshi November 25, 2025 3:36 PM IST
The new Income Tax Bill replaces the six-decade-old Income Tax Act of 1961.
Easily check your PAN-Aadhaar link status; Your PAN will be deactivated if you don't...
Tahir Qureshi November 8, 2025 10:47 PM IST
Before linking your PAN and Aadhaar, users should ensure that the name, date of birth, and other details on both cards match.
Masterstroke by Delhi government, Traders in national capital to receive Rs 16000000000 gift before Diwali, CM Rekha Gupta says...
Victor Dasgupta September 1, 2025 8:57 AM IST
A modern IT module has been developed in collaboration with IIT Hyderabad to make the GST refund process more transparent and faster.
Bad news for millions of Indians as watches, shoes, bags, sunglasses and other items to get costlier due to...
Abhijeet Sen April 23, 2025 9:20 PM IST
The Central Board of Direct Taxes announced that several luxury goods costing above Rs 10 lakh will now attract Tax Collected at Source (TCS) at 1 per cent.
Trump to give another blow to India; set to impose tax on..., impact expected on trade worth a whopping Rs...
Joy Pillai March 30, 2025 11:39 AM IST
However, it is not clear when these tariffs will be implemented and on which medicines.
Tax on breast, sex, urine, beard, salt, cow burp..., 8 bizarre taxes from around the world, is India also on the list?
Analiza Pathak January 31, 2025 1:54 PM IST
One such unusual tax was introduced in 1696 by King William III of England and Wales, which levied a tax on windows. People had to pay tax based on the number of windows in their homes.
Big worry for India as Donald Trump issues strong warning, threatens to impose...
Analiza Pathak December 18, 2024 8:07 AM IST
Trump's chosen Commerce Secretary, Howard Lutnick, echoed his stance, confirming that "reciprocity" will be a central theme in the Trump administration's trade policy.
Good news for health and insurance policy holders, as cost of insurance premium may come down if
Vikas Mehta December 4, 2024 8:10 PM IST
To a query on how the government will ensure that insurance companies pass on the benefits of any GST reduction to consumers, rather than retaining them through increased premiums, Sitharaman said competitive pricing would bring down the cost of insurance.
Israel Is Raising Tobacco Taxes
ANI March 4, 2024 7:10 AM IST
The purchase tax is set to increase for various tobacco based commodities including unprocessed tobacco, cigarettes, other vaping tobacco, and a tobacco heating device that includes tobacco units.
Income Tax Department Sets 1 Lakh Ceiling for Small Tax Demand
PTI Feeds February 20, 2024 2:35 PM IST
The Central Board of Direct Taxes (CBDT) has set a ceiling of 1 lakh per assessee for the withdrawal of small tax demands until the 2015-16 assessment year.
10 Key Highlights of Budget 2024
Video Desk February 1, 2024 10:41 PM IST
Finance Minister Nirmala Sitharaman presented the interim budget in the parliament on Feb 1st. And here at India.com I am ...
CBDT Releases Key Direct Tax Statistics Through Time-Series Data
Tahir Qureshi January 23, 2024 9:56 PM IST
The availability of the Time-Series data in public domain will be useful for academicians, research scholars, economists and the public at large.
Prime Minister Modi's Two Day Visit To Andhra Pradesh and Kerela: Details You Need To Know
ANI January 16, 2024 5:17 PM IST
Prime Minister Narendra Modi is set to inaugurate the National Academy of Customs, Indirect Taxes and Narcotics campus in Palasamudram, Andhra Pradesh, and hold a road show in Kochi, Kerala.
PM Modi To Visit Andhra Pradesh And Kerala Today; Will Inaugurate Several Projects
ANI January 16, 2024 12:08 PM IST
Prime Minister Narendra Modi is set to visit Andhra Pradesh to inaugurate the National Academy of Customs, Indirect Taxes and Narcotics campus at Palasamudram.
Budget 2024: From Fiscal Deficit, Monetary Policy To Direct Taxes, Glossary Of Terms You Must Know
Analiza Pathak December 29, 2023 1:37 PM IST
As the Budget 2024 is just around the corner, it is important to be well-informed about the key terms and concepts that will be discussed during this crucial event. Here, is a glossary of words that you must know to navigate through the budget discussions.
Nitin Gupta Re-Appointed As CBDT Chief
Gazi Abbas Shahid September 30, 2023 4:06 PM IST
The CBDT is the apex policy-making body for the Income-tax department. It is headed by a chairman and can have six members who are in the rank of special secretary.
Missed Aadhaar-PAN linking deadline? Here’s how you can make your PAN operative
India.com Business Desk July 3, 2023 4:03 PM IST
Any individual who failed to link PAN with Aadhaar till June 30 this year, can start the process at a later date. They will have to pay a penalty of Rs 1,000 to make their PAN operative.
For 'Security And Cleanliness' Of The City, Dog Owners Must Pay Taxes, Says Civic Body
Shrimansi Kaushik January 13, 2023 6:25 PM IST
For the first time ever in the state, dog owners in Madhya Pradesh's Sagar city will soon have to pay taxes in order to maintain "security and cleanliness" in the city.
Central Board of Direct Taxes Extends Deadline Till THIS Date
IANS October 26, 2022 9:02 PM IST
The Central Board of Direct Taxes (CBDT) on Wednesday extended the due date for furnishing income tax returns for the assessment year 2022-23.
New GST Rule To Come Into Effect From October 1; Read Here How It Will Impact You
India.com Business Desk August 2, 2022 6:30 PM IST
The Central Board of Indirect Taxes (CBDT) and Customs have given this information by issuing a circular. E-Invoice has been made mandatory from 1 October 2022 for companies with a turnover of more than Rs 10 crore under the Goods and Services Tax (GST).I
TDS Rules Changed! Doctors, Social Media Influencers Required To Pay Extra Tax; Check Details Here
India.com Business Desk July 1, 2022 10:02 PM IST
New TDS Rules: Several TDS rules have been changed from July 1, including a 1 per cent tax on crypto transactions. However, the new rules for doctors and social media influencers are very significant. Know here
Biden to Call For 3-Month Suspension of Gas And Diesel Taxes
Associated Press June 22, 2022 10:39 PM IST
Biden has acknowledged how gas prices have been a drain on public enthusiasm when he is trying to convince people that the U.S. can still pivot to a clean-energy future.
West Bengal Waives Off Registration Fee, Motor Vehicle and Additional Taxes For Electric, CNG vehicles
India.com News Desk May 27, 2022 9:25 PM IST
"For those vehicles which were registered between April 1, and the date of issuance of the notification on May 25, the financial incentive will be in the form of an extension of tax validity for the exact number of days for which tax has been paid between April 1, 2022 to March 31, 2024," the order signed by transport department secretary Rajesh Sinha said.