The new legislation reorganizes provisions related to return processing, scrutiny assessments, and reassessment of escaped income. It simplifies drafting while largely retaining the existing ...

Cryptocurrency gains in India are taxed at 30% with 1% TDS under the VDA regime. Budget 2026 strengthens reporting rules, making accurate disclosure and reconciliation in ITR essential for ...

NSE directs brokers to disclose and remit excess STT collected but not submitted to the government, following Income Tax Department's notice.

The income tax (I-T) department has detected suppression of sales worth around Rs408 crore in the restaurant sector following a nationwide survey conducted across multiple cities, the Union ministry ...

Polycab India Limited's tax demand for AY 2024-25 reduced from ₹327.45 crore to ₹57.58 crore after rectification. The company plans further rectification and appeal.

National Stock Exchange of India Ltd has asked members, brokers and sub-brokers to furnish details of excess Securities Transaction Tax (STT) collected and retained for FY 2023-24 and preceding years ...

The Income Tax Department's survey on March 8, 2026, found restaurants in India suppressed Rs 408 crore in sales. The AI analysis covered 62 restaurants in 46 cities.

Interestingly, Indian tax laws do not prescribe any specific limit on the amount of gold an individual or family can own. However, certain administrative guidelines issued by the Central Board of ...

Two common NRI tax questions answered: how to re-request a failed income-tax refund credited to an NRE account, and whether NRIs can claim capital gains exemption under section 115F if they haven’t ...

India’s Income Tax Department has detected underreporting of sales worth about Rs 408 crore by restaurants across the country, following a nationwide investigation into suspected tax evasion in the fo ...

Income Tax department uncovers ₹408 crore in suppressed restaurant sales during nationwide tax evasion survey.

India’s Income-Tax Department found restaurants under-reported sales worth ₹408 crore after surveying 62 outlets across 46 ...