LTIMindtree Wins ₹3,000 Crore CBDT AI Tax Contract
LTIMindtree secures a major ₹3,000 crore contract from CBDT to build an AI-powered national tax analytics platform, marking its third-largest deal in a year.
LTIMindtree secures a major ₹3,000 crore contract from CBDT to build an AI-powered national tax analytics platform, marking its third-largest deal in a year.
LTIMindtree has won a significant ₹3,000 crore contract from the Central Board of Direct Taxes to modernize and manage its IT infrastructure, enhancing tax administration efficiency.
The FY27 Union Budget may bring minimal income tax law changes, but new rules under the Income Tax Act, 2025, will shape taxpayer rights, compliance, and safeguards from April 1.
The CBDT has raised fresh concerns about cryptocurrency risks, aligning with RBI's stance. The warning highlights revenue risks, enforcement challenges, and India's stringent VDA tax regime.
India's Income Tax Act of 1961 will be replaced by the Income Tax Act, 2025 from April 1, 2026. Learn about the simplified rules, digital processes, and how to prepare for the transition.
India's gross direct tax collections increased 4.1% to Rs 21.5 lakh crore, with sluggish income tax growth offset by stronger corporate tax performance. Net collections rose 8.8% to Rs 18.4 lakh crore.
India's direct tax collections rise 8.8% year-on-year to ₹18.37 trillion as of mid-January 2026, according to latest CBDT data. Get the full details and analysis here.
India's Income Tax Department is using behavioural 'nudge' campaigns to improve tax compliance, moving beyond traditional notices. Discover how this innovative approach is changing taxpayer behaviour.
Delhi Jal Board mandates strict action to prevent water contamination. Minister Parvesh Verma orders intensive pipeline checks, 2-day complaint resolution, and a major sewer cleaning drive. Read more.
Uttarakhand govt mulls restricting non-Hindu entry to Haridwar's ghats & declaring Rishikesh, Haridwar as 'sanatan cities'. Plan may start from 2027 Ardh Kumbh. Read the full story.
Bengal BJP leader Dilip Ghosh calls for a ban on Bangladeshi cricketers in the IPL, citing national sentiment. This follows KKR's release of Mustafizur Rahman. Read the full story.
The Income Tax Department has set December 31, 2025, as the final deadline to link PAN with Aadhaar. Avoid a ₹1000 fine and an inoperative PAN. Follow our step-by-step guide to link now.
Filing a belated or revised ITR for FY24-25? Know the crucial CBDT rules on gold holdings. Learn the exempted limits per family member and avoid seizure risks. Act before Dec 31, 2025.
Thousands face delayed income tax refunds as I-T Dept's 'NUDGE' campaign flags discrepancies. Learn why refunds are stuck, the new December 31 deadline for revised returns, and what taxpayers must do.
CBDT launches a data-driven 'NUDGE' campaign urging taxpayers to review flagged deduction claims by Dec 31, 2025. Act now to avoid penalties on ineligible refunds.
India sees a surge in voluntary tax compliance with 3.6 million individuals revising returns. CBDT's NUDGE campaign urges corrections before the December 31 deadline to avoid penalties.
Last date to link PAN with Aadhaar is Dec 31, 2025. Unlinked PANs become inoperative from Jan 1, 2026, leading to higher TDS & frozen refunds. Follow our step-by-step guide.
Income Tax Department issues detailed FAQs on claiming 80G deductions. Learn the verification process, eligible donations, and key conditions for taxpayers in the old regime.
Still waiting for your ITR refund? Learn why delays happen, when you won't get 6% interest, and how to check your refund status online. Essential guide for Indian taxpayers.
India's net direct tax revenue rose 8% to ₹17 trillion in April-December, missing the 13% target. Personal income tax growth slowed due to new slab rates. Can the government meet its full-year goal?
India's net direct tax collection for FY25 grows 8% to Rs 17.04 lakh crore. Gross collections surge 24% to Rs 19.45 lakh crore, while refunds slow. Read the full analysis.
The Income Tax Department clarifies recent taxpayer communications are for voluntary compliance. Review your AIS and respond via the Compliance Portal by Dec 31, 2025, if needed.
Income Tax Department's NUDGE campaign gives taxpayers until Dec 31 to correct returns after checks revealed under-reporting of property, bank deals. Act now.
Gurucharan Gollerkeri argues India's distinctive 1835 Macaulay education system needs evolution, not erasure. Read the analysis on its lasting impact and the path forward.
CBDT data shows personal income-tax refunds have fallen sharply. Experts cite late ITR forms, increased verification, and processing constraints. Learn what taxpayers can do.
Income Tax Department launches second NUDGE campaign targeting 25,000 high-risk cases with overseas assets. Taxpayers must disclose foreign assets by Dec 31 to avoid heavy penalties under Black Money Act.
CBDT Chairman confirms IT refund delays for claims above ₹50,000 due to wrongful deduction analysis. Learn how to track refund status and claim 6% interest.
Income Tax Department launches campaign targeting 25,000 high-risk assessees for undisclosed foreign income & assets. Disclose by Dec to avoid heavy penalties under Black Money Act.
Income Tax department identifies high-risk cases of unreported foreign assets. Taxpayers must file revised returns by Dec 31, 2025 to avoid penalties. Act now!
India's taxpayer base surged to 116.1 million in AY 2024-25, but only 8.08 million filed returns. Expanding TDS system drives growth while compliance gap widens significantly.