Social Media Ideas for Taxes In India

Crypto Tax in India 2026: Rules, Rates, Reporting & Penalties

In India, cryptocurrency can be bought, held, and traded legally, but a higher tax is levied on it, and the reporting rules are stringent. Buying, selling, or swapping crypto carri...

Capital gains tax in India vs worldwide: How does India compare with other countries?

Capital gains tax in India varies by asset class and holding period, with separate rules for short-term and long-term gains. Worldwide, tax treatment differs sharply, ranging from...

Who really pays for India? It's not who you think

The claim that 2-3 per cent of Indians pay all of India’s taxes gets the maths wrong. Here’s how income tax, GST, corporate tax and household numbers change the picture.

How REIT Distributions Are Taxed in India: A Quick Guide

At 30% slab, you keep ~Rs 78,400 of every Rs 1 lakh distributed. Here's how each REIT component is taxed, what the Finance Act 2023 changed, and how to report it in your ITR.

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...

Gold, Gold Everywhere—But What Happens to Your Tax When You Exchange It?

Gold, Gold Everywhere—But What Happens to Your Tax When You Exchange It?   In India, gold is not merely a metal. It is an emotion. It is a wedding tradition, a family heirloom, an...

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

IMF taxes squeeze salaried class

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

Are High Capital Gains Taxes Keeping FIIs Away From India? Should Tax Rates Be Cut?

Could India rethink taxes on equity investments? Finance Minister Nirmala Sitharaman has welcomed debate on capital gains tax and securities transaction tax, but has not announced...

The Phone Was Free. The GST Wasn’t.

What Indian content creators owe on brand deals, barter and foreign payouts, with the numbers.Continue reading on Medium »

₹2.31 करोड़ की Property पर आया Tax का मामला, ITAT पहुंचते ही क्यों बदल गई पूरी तस्वीर?

From Service Tax to GST: How India Came to Tax Overseas OIDAR Suppliers, and How the Simplified Registration Scheme Work...

Introduction Online Information and Database Access or Retrieval services, hereinafter referred to as “OIDAR services”, have been taxed in India when supplied by overseas providers...

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...

Same Income, Different Tax! How Classification Can Change Your Tax Liability

Same Income, Different Tax! How Classification Can Change Your Tax Liability     Imagine Mr. Ram and Mr. Shyam purchased 100 shares of Reliance Industries Ltd. on the same day, at...

NRI Tax: Singapore-based Indian pays ₹1.70 lakh by mistake, wins refund after ITAT upholds DTAA claim

A Singapore-based NRI who paid ₹1.70 lakh in capital gains tax on Indian mutual fund investments has won a refund after ITAT Pune upheld his claim under the India-Singapore DTAA. T...

Income Tax Dept Detects Tax Evasion Exceeding ₹25,000 Cr by Restaurants

The Income Tax Department has detected large-scale tax evasion by restaurants, which could exceed ₹25,000 crore. Based solely on data from Swiggy and Zomato, tax evasion is estimat...

3 Steps to Reduce Tax on FD Interest: ₹21,840 on ₹10 Lakh

FD interest is taxed at your slab rate. See how a Rs 10 lakh FD costs Rs 21,840 at 30%, and three steps covering Form 121, TDS and lower-slab options.

CBDT Notifies 116 & 117/2026, Granting Tax Exemptions to MERC from FY 2025-26

The Central Government, through the Central Board of Direct Taxes (CBDT), has issued two notifications regarding the Maharashtra Electricity Regulatory Commission (MERC), PAN: AAAG...

SaaS Subscription Fee Is Not “Royalty” Merely Because Technology Does the Work

SaaS Subscription Fee Is Not “Royalty” Merely Because Technology Does the Work   ITAT Mumbai holds that access to a communication platform does not amount to use of a “process” und...

India Cuts Online Gaming GST Demands by 75%

Indian tax authorities have reduced Goods and Services Tax (GST) demands against Dream11 operator Sporta Technologies, Gameskraft Technologies and Play Games24x7 by approximately ₹...

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...

Indian in Kuwait sent Rs 1.09 crore, no ITR; ITAT deletes Rs 5.52 lakh, checks Rs 2.5 crore

The absence of an original ITR became a key issue. Although the department had information about the substantial sums held in his Indian accounts, there was no tax return on record...

Property value rose before registration; ITAT scraps Rs 11.35 lakh tax on buyer

Under Section 56(2)(x), there is applicable taxation of such a difference in the buyer's hands if the stamp duty value of the property is higher than the purchase consideration by...

Tax Loss Harvesting in India: 5 Rules to Stay on the Right Side

India has no wash-sale rule, but GAAR still applies. Learn 5 rules for legal tax loss harvesting, from set-off hierarchy to the ITR filing deadline.