Income tax refunds have become one of the top-searched topics on Google Trends as lakhs of taxpayers await delayed payouts.…
The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act,…
The Income Tax Department will release outstanding tax refunds by December, said CBDT chief Ravi Agrawal. “We have analysed and…
Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and…
CBDT chief Ravi Agrawal said on Monday that delays in Income Tax refunds are due to analysis of high-value or…
The Income Tax department will implement simplified ITR forms and rules under the new Income Tax Act, 2025, effective April…
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…
Your regular bank transactions like cash deposits, withdrawals, property payments or credit card bills may be under the Income Tax…
The IRS has announced new 2026 tax brackets, with inflation adjustments that could slightly lower tax bills for high earners.
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…