The department has clearly stated in its official social media post that the purpose of the Income Tax Bill 2025…
Many taxpayers this year are receiving their income tax refunds within just a few hours of filing their ITR online…
Now only 50 days are left to meet the current deadline of 15 September 2025, but taxpayers do not have…
Section 87A is a provision of the Income Tax Act under which individuals who are residents of India are given…
On July 21, the Select Committee presented in Parliament its report, in which many important recommendations have been made. In…
In the new Income Tax Bill, there is one provision which triggered a major debate among taxpayers in the country.…
So July 23, 2024 not only changed the direction of the government’s tax policy but also became the day for…
The Lok Sabha Select Committee has retained a controversial clause in the Income Tax Bill 2025 that allows tax officials…
The Select Committee of the Lok Sabha, led by chairperson Baijayant Panda of the Bharatiya Janata Party, has submitted its…
If you earned from cryptocurrency in FY25, it is essential to choose the correct ITR form while filing returns in…
The tax department usually rolls out utilities and online forms by April or May. But this year, the release was…
The government has issued a final warning to taxpayers who filed incorrect ITRs over the last four years. If you…
The Income Tax Department has launched a massive crackdown on fraudulent ITR refund claims facilitated by certain chartered accountants and…
The Income Tax Department has launched a nationwide crackdown in 2025 targeting fake deduction claims by salaried employees, including those…
The Income Tax Department has unearthed fake deductions worth Rs 1,045 crore, withdrawn by 40,000 taxpayers after AI-based verification and…
This has brought relief to crores of taxpayers who were not able to file their returns properly till now, especially…
Taxpayers are facing delays in getting their income tax refunds for AY 2025-26, mainly due to the late rollout of…
100 days have passed since the ITR filing season for AY 2025-26 began, but utilities for key forms like ITR-2,…