Latest Updates
Kerala Claims Corruption Almost Nil As Most Taxpayers Stay Honest
Kerala’s top tax official claims corruption is “almost nil,” with 85% of taxpayers honest. Strong digital systems, quick dispute resolution, and cultural values fueled ₹18,000 crore in GST collections in 2025, mostly from services. While governance scandals occasionally surface, Kerala’s approach offers a global lesson: simplify systems, reward honesty, and build trust. Businesses everywhere can benefit by making compliance easier and transparency the norm.
Income Tax Act 2025 Set To Replace 60-Year-Old Law From April
The Income Tax Act 2025 will replace India’s outdated 1961 tax law starting April 1, 2026. Aimed at simplifying compliance, clarifying rules on global income and digital assets, and reducing litigation, this landmark law impacts individuals, businesses, and investors alike. With a digital-first approach and globally aligned rules, the Act represents a new era of taxation for India’s economy. Here’s what’s changing and how to prepare.
Costly Mistake: CRA Penalizes Taxpayer for Not Reporting Home Sale
Costly Mistake: CRA Penalizes Taxpayer for Not Reporting Home Sale – Since 2016, all Canadian home sales must be reported, even if fully exempt under the Principal Residence Exemption. A recent court case shows the risks: a Toronto taxpayer was fined $21,000+ for failing to disclose a sale. Learn the rules, penalties, and how to fix mistakes before CRA catches up with you.
Union Blames Job Cuts for CRA’s Call Centre Collapse—Taxpayers Left in Limbo
The CRA call centre collapse is leaving Canadian taxpayers stranded, with unions blaming job cuts for longer wait times and unanswered calls. Since 2024, more than 3,300 call centre jobs have been cut, with more reductions planned. This article breaks down the history, causes, and consequences of the crisis—plus practical tips for taxpayers. Learn how the “Canada On Hold” campaign is pushing back, and why Canada risks falling behind global peers in tax service.
“No One’s Picking Up!”: Canadians Furious as CRA Phone Lines Go Silent
Canadians are fuming as CRA phone lines go silent, leaving taxpayers stranded. With staffing cuts, 16M+ calls in just three months, and tech outages, the system is overwhelmed. This article breaks down why no one’s picking up, what you can do instead, and how professionals can adapt. From smart calling tips to online tools, here’s your survival guide for dealing with CRA’s communication crisis.
Outrage Erupts as Federal Union Slams Cuts to CRA Call Centres
The CRA has cut 3,300 call-centre jobs, triggering the Canada On Hold campaign by federal unions. With wait times already long, taxpayers now face even more delays and dropped calls. This article explores why the cuts matter, the history of CRA call-centre criticism, comparisons to the IRS, and who’s hit hardest. It also offers practical advice and insights from experts on how Canadians can adapt to the changing tax service landscape.
$2,700 Tax Refund for Aussies? Bold GST Plan Could Unlock $152 Billion Windfall
Australia is weighing a bold tax shake-up: a $2,700 income tax refund funded by a broader GST. Economist Chris Murphy says it could boost GDP by 6%, business investment by 11%, and housing supply by 8%, unlocking a $152 billion windfall. But risks include higher grocery bills and political backlash. For now, it’s just a proposal—but one with power to transform Australia’s economy and household budgets.
19 Major Bills Passed Including New Income Tax Act While Opposition Stayed Silent
In August 2025, India’s Parliament passed 19 major bills—including the new Income Tax Act, 2025—while opposition parties stayed silent. The law trims 800+ sections down to 536, introduces digital compliance, and keeps a ₹12 lakh exemption. While reforms simplify life for taxpayers and promise to attract global investment, the lack of parliamentary debate raises questions about accountability. This article explains what happened, why it matters, and what’s next.
Shocking Demand – Should Tax Crimes Lead to Citizenship Denaturalization?
Should tax crimes lead to citizenship denaturalization? The Department of Justice thinks so, sparking a heated U.S. debate. With 23 million naturalized citizens potentially affected, expanding denaturalization to include tax crimes raises concerns about fairness, equality, and due process. This article explores the history, legal standards, global comparisons, and practical advice for naturalized citizens and professionals navigating America’s tax and immigration system
New Online Gaming Bill 2025 – Does It Finally Separate Esports From Gambling?
The New Online Gaming Bill 2025 officially separates esports from gambling in India, banning real-money games while recognizing esports as a legitimate sport. With a new National eSports Commission, players, parents, and investors can expect more support, tournaments, and career opportunities. Fantasy sports apps face shutdowns, while esports enters a golden age of recognition. This landmark law protects families while positioning India as a global esports powerhouse.
