
India’s Q2 FY26 advance direct tax collections saw modest growth, largely due to recent income tax relief for individuals
Gross GST collections doubled in five years to reach an all-time high of Rs 22.08 lakh crore in the 2024-25…
The CBDT is actively investigating tax evasion and money laundering linked to cryptocurrency investments, specifically targeting individuals and entities who…
Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income,…
Taxpayers can make use of IRS Free File, which is a quick and easy way to file federal tax returns…
Govt proposes amendment to Finance Act 2025, clarifying search and seizure focus on undisclosed income, strengthening compliance and reducing tax…
According to reports, the Income Tax Department is asking taxpayers for full details of their monthly ration expenses, including the…
This new provision will come into effect under the proposed Income Tax Bill and will make the process of tax…
The government has introduced an amnesty scheme under GST laws in the Finance Bill, 2024, aiming to reduce pending cases,…
The Income Tax Department has issued a strong advisory to taxpayers, advising them against submitting income tax returns with inaccurate…
According to experts, the GST revenue for the month of March at Rs 1.78 lakh crore reflects not only a…
Training programmes for tax officials to leverage AI may also be introduced to ensure a smooth transition.
Even though it is a vote-on-account Budget, there are however expectations from individual taxpayers of positive announcements from the government…
“From a macroeconomic perspective, the Government will be closing the current fiscal year with a record direct and indirect tax…
Even though it is a vote-on-account Budget, there are however expectations from individual taxpayers of positive announcements from the government…
With the union government all set to present the interim Budget for the fiscal year 2024-25 on February 1, 2024,…
AIS for Taxpayers app download: The app enables taxpayers to view information related to TDS/TCS, interest, dividends, share transactions etc.
The salaried class has gone through several challenges in the past two years and the amounts expended towards healthcare, child…