Tag: Tax

The Indian government has significantly increased the windfall tax on diesel and aviation turbine fuel (ATF) exports, effective immediately, aiming to bolster domestic fuel supply and mitigate the impact ...

The Delhi government has unveiled the draft Electric Vehicle (EV) Policy 2026–2030, outlining a roadmap to curb air pollution and promote clean mobility in the national capital. With vehicular ...

The Confederation of Indian Industry (CII) has urged the finance ministry to implement a comprehensive 20-point policy agenda, including emergency credit lines and tax rationalisation, to mitigate the severe ...

India's indirect tax collections exceeded expectations for fiscal year 2026, boosted by strong GST and customs revenue, signalling positive economic momentum. Illustration: Dominic Xavier/Rediff Key Points India's total indirect ...

The Income Tax Department provides clarity on GAAR applicability, confirming that income from investments made before April 1, 2017, will not be subject to the anti-avoidance rules, offering relief ...

The Income Tax Department has issued a crucial clarification regarding TDS deductions on interest income by banking companies, ensuring compliance with the Banking Regulation Act and providing clarity for ...

DBS Bank India introduces a new direct tax payment facility via the TIN 2.0 platform, streamlining tax payments for customers, while Utkarsh Small Finance Bank teams up with Mumbai ...

BENGALURU: Chief Minister Siddaramaiah’s budget for 2026-27 has projected a sharp rise in the state’s share of central transfers, alongside higher liquor and property tax collections, even as borrowings ...

(Bloomberg) -- New York City Mayor Zohran Mamdani is proposing raising New York City’s property taxes for the first time in more than two decades and is looking to ...

A provision in the Finance Bill 2026 that seeks to provide income-tax benefits only to soldiers invalided out of service due to disabilities attributable to or aggravated by service, ...