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BMC seizes over 3,600 properties worth Rs 1,672 crore for tax default

BMC seizes over 3,600 properties worth Rs 1,672 crore for tax default

The official added, “Once a notice is issued, the taxpayer is given 90 days to pay the dues. If the payment is not made within this period, the BMC grants an additional 21 days as a final notice, during which officials personally approach the defaulter. If the tax remains unpaid even after this, the auction process is initiated"

26 November,2024 07:41 AM IST | Mumbai | A Correspondent
Govt confident of surpassing FY25 direct tax collection target: CBDT chief

Govt confident of surpassing FY25 direct tax collection target: CBDT chief

CBDT chairman Ravi Agarwal expressed confidence in exceeding the Rs 22.07 lakh crore direct tax collection target for FY25, citing strong growth in corporate and non-corporate tax revenues. He also urged taxpayers to disclose foreign assets before the December deadline

18 November,2024 02:43 PM IST | New Delhi
Donald Trump says India is the largest tariff charger, to pay back if elected

Donald Trump says India is the largest tariff charger, to pay back if elected

"India is a very big charger. We have a great relationship with India....But they probably charge as much," Trump said

11 October,2024 10:56 AM IST | Washington | mid-day online correspondent
CBDT extends deadline for filing audit reports of FY24 to October 7

CBDT extends deadline for filing audit reports of FY24 to October 7

According to a circular (No. 10/2024, reference 225/205/2024-ITA-II) issued by the Central Board of Direct Taxes on Sunday, the deadline for filing these reports has been pushed from September 30 to October 7, this year

30 September,2024 10:20 AM IST | New Delhi | mid-day online correspondent
A roadmap for Mumbai’s governance and fiscal path ahead by Praja Foundation

A roadmap for Mumbai’s governance and fiscal path ahead by Praja Foundation

By bolstering fiscal autonomy, empowering governance structures, and fostering better coordination between agencies, Mumbai can secure its place as a financially independent, well-governed city that is prepared to meet future demands, experts emphasised

28 September,2024 04:56 PM IST | Mumbai | mid-day online correspondent
Mumbai: CA says tantric extorted Rs 2 crore using black magic

Mumbai: CA says tantric extorted Rs 2 crore using black magic

59-year-old says three individuals extorted him by promising lucrative business opportunities; Victim claims, cops yet to register FIR in the matter

28 September,2024 08:17 AM IST | Mumbai | Diwakar Sharma
Shah Rukh Khan tops taxpayers' list, this South actor ranks 2nd

Shah Rukh Khan tops taxpayers' list, this South actor ranks 2nd

Shah Rukh Khan has become the highest tax paying individual Indian celebrity. The actor who had a great run at the box office with his last three releases paid a handsome amount in taxes. Check out the full list

05 September,2024 11:32 AM IST | Mumbai | mid-day online correspondent
Govt needs money to meet challenges, fund R&D, says Sitharaman

Govt needs money to meet challenges, fund R&D, says Sitharaman

Sitharaman was addressing the 11th convocation of Indian Institute of Science Education and Research (IISER) in Bhopal

13 August,2024 04:10 PM IST | New Delhi | PTI
RBI announces key policy changes for digital lending, payment systems

RBI announces key policy changes for digital lending, payment systems

The changes focus on enhancing transparency, updating credit information more frequently, and expanding payment options

08 August,2024 06:19 PM IST | Mumbai | mid-day online correspondent
Govt offers taxpayers option to calculate capital gains tax on real estate

Govt offers taxpayers option to calculate capital gains tax on real estate

The LTCG-related announcements made in the Budget are thought to have been significantly rolled back by these revisions

06 August,2024 10:31 PM IST | Mumbai | mid-day online correspondent

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