According to the latest numbers for FY 2025-26 (up to November 10, 2025), net direct tax collections have touched Rs…
As Budget 2026 preparations begin, industry body PHDCCI has urged the government to widen income tax slabs and reduce tax…
In a social media post on ‘X’ (previously Twitter), TaxBuddy said, “Your PAN card will be deactivated from Jan 1…
As the Modi government gears up for Budget 2026-27, taxpayers across India are hoping for meaningful relief, easier compliance, and…
In a major relief for taxpayers, the Central Board of Direct Taxes (CBDT) has extended key income tax deadlines. The…
Your regular bank transactions like cash deposits, withdrawals, property payments or credit card bills may be under the Income Tax…
Interestingly, corporate tax refunds jumped over 16% year-on-year to Rs 1.40 lakh crore from Rs 1.20 lakh crore. However, non-corporate…
The CBDT recently issued a notification extending the deadline for submitting tax audit reports (Section 44AB) to October 31, 2025.…
The Income Tax Return (ITR) filing deadline for AY 2025-26 has ended for non-audit taxpayers on September 16, 2025. If…
If the return was filed within the due date (16th September for FY 2024–25), the interest on the refund will…
If your ITR shows ‘Processed’ but the refund hasn’t come, there’s no need to panic. This year, the deadline for…
The Gujarat High Court has asked the Central Board of Direct Taxes (CBDT) to explain why it did not extend…
Section 87A provides tax exemption to small taxpayers if their total income is below a certain limit (currently ₹7 lakh).…
The keyword “income tax audit report due date” dominated Google Trends throughout the past week as taxpayers and professionals demanded…
This comes on the heels of two High Courts in the country – the Karnataka High Court and the Rajasthan…
Income tax refunds for AY 2025-26 are facing delays as the department increases scrutiny of old tax regime claims. Experts…
Taxpayers awaiting their refunds are taking to social media to complain about long delays in refunds. There are frequent complaints…
The ITR filing deadline for non-audit taxpayers has ended, and now millions of taxpayers are eagerly waiting for their income…