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Tax Query

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Want To Donate To A Political Party? Read This!

Avoid donating without checking the receipt proforma showing the political party's ECI registration number and PAN. Kindly note this illustration generated using Microsoft Copilot is only posted......

GST Rate Cut Paints India's Art Landscape In Brighter Colours

'High taxes have kept away art collectors who will now embrace the new GST.' IMAGE: An exhibition of Lata Mangeshkar paintings at Bharat Bhavan in Bhopal. Photograph: ANI Photo With the revised......

Sardar Patel, The Man Who United India

The rising tide of Indian nationalism meant that the people of princely states now were keen to become a part of a united and integrated India rather than remain subjects of a princely state. The......

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

The Enforcement Directorate and Income Tax department are likely to join the Assam police in investigating alleged organised financial crimes and acquisition of benami properties by event manager......

Don't Want IT Notice? Read This NOW!

Tax evaders, BEWARE!The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints. Kindly note this illustration generated using......

Tax forms for charitable institutions set for overhaul

As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions.......

No short-term impact of H-1B visa fee hike: Tata Tech boss

The fee hike for the US H-1B visa by the Donald Trump administration has no short-term impact on Tata Technologies Ltd, although it will change resourcing plans for the future, according to its CEO......

Draft Tax Bill 2025: Relief For LLPs On LTCG Front?

'The original provision will be restored. AMT is meant only for those claiming deductions, not for firms earning regular income like capital gains,' a senior government official said.......

Your tax queries, answered!

The scene: Income tax officials used to send separate notices asking for details on Fringe Benefit Tax, Tax Deducted at Source and wealth tax. The scene as it should be: Income tax and FBT can be......

A N Shanbhag answers your tax queries

The A N Shanbhag NR Group specialises in tax and investment advisory services for Residents and Non-Resident Indians.A N Shanbhag and Sandeep Shanbhag spent over an hour on the Rediff Chat on......

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