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blog.saginfotech.com /1 week ago

India’s FY27 Net Direct Tax Collections Rise 13.21% to ₹13.38 Lakh Crore as of Oct 14

India’s net direct tax collections have increased by 13.21% year-on-year to Rs 13.38 lakh crore as of Oct 14 in the current financial year (FY27). The driving factors for this are...

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tribune.com.pk /2 weeks ago

IMF taxes squeeze salaried class

They pay Rs144b in Jul-Sept; real estate gets 50% cut; retailers win fixed tax

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timesofindia.indiatimes.com /1 week ago

South Korean employer paid him salary in dollars; tax department sends notice

A Karnataka man working in South Korea faced an income tax notice over his salary deposited in an NRE account in India. The Income Tax Assessing Officer claimed the salary was taxa...

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thetaxtalk.com /1 month ago

TDR Is Not Always a Zero-Cost Asset

TDR Is Not Always a Zero-Cost Asset Bengaluru ITAT Says TDR Received Against Surrender of Land Cannot Automatically Be Treated as a Self-Generated Asset Transferable Development...

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thehindu.com /1 month ago

Parliamentary panel flags ‘punitive’ tax regime, seeks data on new Income Tax Act’s Impact

Parliamentary Standing Committee members question heavy-handed enforcement, compliance glitches and widening reliance on individual taxpayers

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thehindubusinessline.com /1 week ago

STT collection surges 52% in FY27 so far amid market volatility; net direct tax collection grows 13%

Data from the Income tax Department showed that collection from STT surged to ₹46,840 crore as against ₹31,000 crore.

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unbox.ph /1 month ago

BIR collected over Php 17 billion in Digital Tax in first half of 2026

The Philippines has imposed taxes on digital services last year under the Digital Services Law. While we have a divided opinion about digital tax, the law aims to correct the curre...

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taxprofblog.aals.org /1 month ago

Clarke & Glogower, The Indirect Taxes

Conor Clark (Wash. U.) & Ari Glogower (Northwestern), The Indirect Taxes, 102 Notre Dame L. Rev. (forthcoming 2027) Article I of the Constitution empowers Congress to “lay and...

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tribune.com.pk /4 days ago

IMF flags unfair tax system

Salaried contribution rises to Rs629b as realty, agriculture and retail stay untaxed

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blog.saginfotech.com /1 month ago

Tax Reforms Lead to 1.32 Crore Updated Returns and ₹16,083 Crore in Additional Tax: CBDT Member

Under the tax department’s NUDGE campaign, more than 1.32 crore updated returns have been submitted in the past four years. This results in additional tax payments of Rs 16,083 cro...

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realty.economictimes.indiatimes.com /1 month ago

No tax on value of new property under redevelopment agreement: ITAT

A tax tribunal has sided with property owners involved in redevelopment disagreements, annulling a significant Rs 1.3 crore tax increment on a newly developed property. The tribuna...

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thetaxtalk.com /3 weeks ago

TAX COMPLIANCE TRACKER – OCTOBER, 2026

Tax Compliance Tracker – October, 2026 1. Compliance requirement under Income Tax act, 1961 Sl. Compliance Particulars Due Dates 1 Due date for deposit of tax deducted/colle...

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thetaxtalk.com /2 weeks ago

Buying Property from an NRI Gets Easier: New PAN-Based TDS Compliance from 1 October 2026

Buying Property from an NRI Gets Easier: New PAN-Based TDS Compliance from 1 October 2026 Buying a property from a resident seller is relatively straightforward from a TDS comp...

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blog.saginfotech.com /1 month ago

TDS on Virtual Digital Assets (VDA) U/S 393(1) [Earlier 194S]

As per the Income-tax Act, 2025, the provisions of TDS on virtual digital assets (VDA) have been restructured. Now, the earlier Section 194S of the Income-tax Act, 1961 falls under...

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propertyindustryeye.com /3 weeks ago

Property tax revenues hit new high as buyers face mounting costs

Land and Buildings Transaction Tax (LBTT) generated £758.9m in the 12 months to August 2026

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blog.saginfotech.com /1 month ago

Delhi HC: Taxing the Same Income Twice Amounts to an Unfair Benefit for the Govt.

The Delhi High Court has mentioned that the denial of permission to a taxpayer to rectify an accidental double taxation of the same income shall amount to “unjust enrichment” on th...

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valueresearchonline.com /1 month ago

IDCW Payout vs Growth Option: Which Is More Tax-Efficient?

IDCW is taxed at slab rate; growth defers tax to redemption. See real rupee comparisons, TDS rules, and the Section 87A exception before choosing.

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