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Bizarre tax laws in US could drain 30+ nations’ World Cup earnings as FIFA fails to secure exemptionInternational

Bizarre tax laws in US could drain 30+ nations’ World Cup earnings as FIFA fails to secure exemption

The 2026 FIFA World Cup faces an unexpected financial divide as US tax laws and uneven international treaties mean teams will be taxed differently on tournament earnings. While FIFA holds tax-exempt

13 hours ago
SOP issued for verification of assets declared by candidates during elections, Income-Tax departments tells Madras High CourtTax

SOP issued for verification of assets declared by candidates during elections, Income-Tax departments tells Madras High Court

Additional Solicitor General AR.L. Sundaresan makes the submission during the hearing of a case filed against Deputy Chief Minister Udhayanidhi Stalin

20 Apr 2026
Setback for Vijay: Madras HC flags 'Rs 100 cr irregularity' in TVK chief's affidavitTax

Setback for Vijay: Madras HC flags 'Rs 100 cr irregularity' in TVK chief's affidavit

A Bench comprising chief justice SA Dharmadhikari and Justice G Arul Murugan issued notices to Vijay, along with the Director General of Income Tax (Investigation), the Election Commission of India (E

20 Apr 2026
T.N. election 2026: Cases filed in Madras High Court over assets of Vijay, Tamilisai SoundararajanTax

T.N. election 2026: Cases filed in Madras High Court over assets of Vijay, Tamilisai Soundararajan

Litigants have sought an inquiry by Director General of Income Tax (Investigation) as it had been sought in another case filed against Deputy Chief Minister Udhayanidhi Stalin

16 Apr 2026
Tamil Nadu assembly polls: PIL in HC flags 'discrepancies' in Udhayanidhi's assetsChennai

Tamil Nadu assembly polls: PIL in HC flags 'discrepancies' in Udhayanidhi's assets

A Chepauk-Triplicane resident has petitioned the Madras High Court, urging an income tax and corporate affairs probe into alleged asset discrepancies by Tamil Nadu Deputy Chief Minister Udhayanidhi S

15 Apr 2026
Sebi seeks CBDT clarity on FPI tax repsMarkets

Sebi seeks CBDT clarity on FPI tax reps

Sebi seeks CBDT clarity on FPI tax reps

14 Apr 2026
Watch: Trump gets McDonald’s delivered by DoorDash 'grandma' at Oval OfficeTax

Watch: Trump gets McDonald’s delivered by DoorDash 'grandma' at Oval Office

President Donald Trump received a McDonald's delivery in the Oval Office from DoorDash driver Sharon Simmons. During the impromptu press event, Trump discussed his "One Big Beautiful Bill" and "No Tax

13 Apr 2026
Centre raises export duties on diesel, aviation turbine fuelTax

Centre raises export duties on diesel, aviation turbine fuel

The Government hikes windfall tax on diesel to ₹55.5 per litre and ATF ₹42 per litre with immediate effect

12 Apr 2026
Telangana Govt to examine scope for levy of entertainment tax by local bodiesTax

Telangana Govt to examine scope for levy of entertainment tax by local bodies

Development follows subsuming of local taxes like entry tax into centralised GST framework

7 Apr 2026
Indian couple jailed in UK for running companies despite legal ban; involved in £2 million tax fraudInternational

Indian couple jailed in UK for running companies despite legal ban; involved in £2 million tax fraud

Indian couple jailed in UK for running companies despite legal ban; involved in £2 million tax fraud

7 Apr 2026
Income tax searches are underway in Chennai, Puducherry linked to Jaffer SadiqChennai

Income tax searches are underway in Chennai, Puducherry linked to Jaffer Sadiq

Income Tax officials are conducting searches across 15 locations in Chennai and Puducherry linked to DMK functionary Jaffer Sadiq, arrested by the NCB for alleged drug smuggling. These raids, based o

6 Apr 2026
IFFCO records highest profit and overall performance in FY26, set to cross Rs 4,106 crore PBTBusiness

IFFCO records highest profit and overall performance in FY26, set to cross Rs 4,106 crore PBT

IFFCO has achieved its highest-ever Profit Before Tax, projected to exceed Rs 4,106 crore for FY 2025-26, driven by robust fertiliser production and sales. The cooperative saw significant dispatches

4 Apr 2026
'Silenced, not defeated': Raghav Chadha’s 1st response after AAP removes him as RS deputy leaderTax

'Silenced, not defeated': Raghav Chadha’s 1st response after AAP removes him as RS deputy leader

Aam Aadmi Party MP Raghav Chadha declared he is "silenced, not defeated" after the party moved to remove him as Rajya Sabha deputy leader. The move follows Chadha highlighting issues like middle-clas

3 Apr 2026
OTP can't secure payments: RBI rolls out stricter digital payment rulesIndia

OTP can't secure payments: RBI rolls out stricter digital payment rules

India's digital payments are getting a security boost from April 1 with stricter RBI authentication rules, requiring two-factor verification for all transactions to combat rising fraud. Beyond digita

1 Apr 2026
Mysuru City Corporation introduces motor vehicle cess, increases property tax by 3%Tax

Mysuru City Corporation introduces motor vehicle cess, increases property tax by 3%

The levy of Motor Vehicle Cess comes a year after the introduction of garbage collection cess and collection solid waste management fee from property owners with effect from April 2025

1 Apr 2026
Kalaburagi City Corporation projects ₹5.92 crore deficit in ₹215 crore budgetTax

Kalaburagi City Corporation projects ₹5.92 crore deficit in ₹215 crore budget

Major revenue sources are ₹37.89 crore from corporation-owned properties, ₹6.73 crore from building licence fees, ₹2.29 crore from trade licences, ₹2.34 crore from solid waste management cess, and ₹12

1 Apr 2026
I-T changes from April 1: Top 10 things salaried taxpayers should know about new rulesTax

I-T changes from April 1: Top 10 things salaried taxpayers should know about new rules

Several changes are expected to reduce the tax burden for the salaried class in general. We take a look at top 10 things salaried taxpayers should know going into the new financial year 2026-27:

31 Mar 2026
GBA budget: How Bengaluru’s new corporations differ in what they earn and spendTax

GBA budget: How Bengaluru’s new corporations differ in what they earn and spend

Property tax contributes 51% of its own source revenue in East and 42% in Central, but drops to around 34–37% in North, West and South

30 Mar 2026
OpenAI founder proposes to remove income tax on Americans earning less than $100kTax

OpenAI founder proposes to remove income tax on Americans earning less than $100k

Venture capitalist Vinod Khosla proposes eliminating federal income tax for Americans earning under $100,000, funded by higher capital gains taxes. He believes this addresses AI-driven job loss fears,

29 Mar 2026
Govt slashes excise duty on petrol, diesel to shield consumers, oil companiesTax

Govt slashes excise duty on petrol, diesel to shield consumers, oil companies

The windfall tax will also help the Centre partly offset the impact of the excise duty cut. Central Board of Indirect Taxes and Customs chairman Vivek Chaturvedi said the windfall tax on exports will

27 Mar 2026
New Income Tax Rules 2026: All you need to know about the new tax regimeTax

New Income Tax Rules 2026: All you need to know about the new tax regime

The Income Tax Act 2025 is designed to replace the 1961 Act, which the Finance Minister Nirmala Sitharaman described as a “maze” created by over 4,000 amendments

25 Mar 2026
GHMC seizes properties of tax defaulters in HyderabadTax

GHMC seizes properties of tax defaulters in Hyderabad

GHMC seizes properties of tax defaulters in Hyderabad

23 Mar 2026
Perplexity AI CEO agrees that Computer Science is gradually returning to its rootsScience

Perplexity AI CEO agrees that Computer Science is gradually returning to its roots

AI is rapidly automating coding's routine tasks, pushing software engineering back towards its mathematical roots. Experts predict AI could soon handle most end-to-end coding, with some engineers alre

15 Mar 2026
Tax law needed teeth to deal with bigwig evaders: Supreme CourtTax

Tax law needed teeth to deal with bigwig evaders: Supreme Court

Supreme Court was orally responding to a petition challenging non-disclosure of reasons for search and seizure and extension of 'assets' to the digital space

9 Mar 2026
Tax-Saving Tips for FY 2025-26Tax

Tax-Saving Tips for FY 2025-26

Expert advice on maximizing your tax deductions before the deadline.

8 Mar 2026

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