Monday, October 13, 2025

Tag: income tax

October tax deadline remains for many tax filers, even during government shutdown

The Oct. 15 income tax filing deadline is right around the corner for taxpayers who...

Taxability of Short-term Stock Gains and Fantasy Game Profits

My CTC is ₹5 lakh. I trade in stocks and have made short-term gains of ₹15,268 via trading...

Jack Dorsey sends strong message on crypto tax

Twitter (now X) co-founder Jack Dorsey called for tax relief for Bitcoin (BTC) transactions in the...

NITI Aayog bats for reforms in I-T Act with focus on decriminalisation

New Delhi: The NITI Aayog has proposed a series of reforms in the Income Tax Act, 2025 including decriminalisation...

Offshore Binance wallets under scanner as I-T dept acts against undisclosed crypto profits

Mumbai: More than 400 well-heeled individuals across India will be pulled up by the tax authorities for hiding their...

IRS 2026 tax updates may change family refunds, credits

Vgajic | E+ | Getty ImagesThe IRS has announced new tax inflation adjustments for 2026.Those changes may affect...

Net direct tax revenue rises 9.18% to over Rs 10.82 lakh crore till Sept 17 FY26

Net direct tax revenue has risen by 9.18 per cent to over Rs 10.82 lakh crore in FY 26...

I Asked ChatGPT How Much I’d Pay in Taxes If I Retired in Florida — Here’s What It Said

Florida is often painted as a retiree’s paradise, with its sunshine, beaches and no state...

Tax Query: Taxability of Pension, Interest and Dividend for a Senior Citizen

I am a senior citizen. During FY26, my pension income is ₹7.50 lakh, bank interest - ₹3.50 lakh, dividend...

GST rate reduction has higher multiple effect on economy, than income tax cut: Ambit Capital

A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with...

Personal income tax collection overtakes corporate tax: Report

Personal income tax collections have surpassed corporate taxes for the first time in India's history, signalling a structural shift...