India's 2026 tax landscape is set for a major shift towards predictability and technology. Explore the key reforms in Income Tax, GST 2.0, and dispute resolution that aim to build taxpayer trust.
India's 2025 tax reforms reshaped personal income tax, GST, and crypto rules. Explore key changes in slabs, compliance, and the new Income-tax Act 2025. Read more.
Saudi Arabia replaces its 50% flat tax with a four-tier excise duty based on sugar content from January 1, aiming to cut consumption. The UAE will implement a similar system in 2026. Read how this GCC health move affects prices.
Taxpayers can file revised ITR until Dec 31, 2025 for AY 2025-26. Learn how to check your refund status online and understand common reasons for processing delays.
Filing a revised ITR before the Dec 31, 2025 deadline? Experts warn that failing to verify it will render it invalid. Learn the mandatory steps to ensure your corrections are accepted by the tax department.
Income Tax Department freezes Lulu Mall Lucknow's bank account for failing to deposit TDS. Action follows a ₹1.5 crore demand. Read the full story.
Anduril's Palmer Luckey warns California's proposed 5% billionaire wealth tax could force asset sales and home seizures. Tech elite like Peter Thiel consider leaving. Read the full analysis.
NITI Aayog's new paper recommends decriminalising many income tax offences to shift from fear to trust-based compliance. Could this reform boost investment and ease business?
Chartered accountant Mahesh Nayak received a tax notice for undisclosed foreign assets. Learn how to correctly declare US RSUs in your ITR, including cost vs. current value and filing a revised return.
The Income Tax Department is sending direct emails & SMSes to taxpayers over mismatches in ITR claims, pausing refunds. Find out why and what to do before Dec 31 deadline.
Income Tax Dept holds refunds due to ITR discrepancies. Taxpayers get alerts days before Dec 31 revision deadline. Experts explain reasons, risks, and steps to take.
Struggling with a delayed ITR refund? Learn why refunds get stuck and follow our simple guide to check your income tax refund status online via the e-filing or NSDL portal.
India's new Income Tax Act, 2025, replaces the 1961 law from April 1, aiming for a simplified tax regime. Read about the key changes and implications.
Madras High Court clarifies Union government grants for rehabilitation are capital receipts, not taxable revenue. Landmark ruling aids Dharmapuri milk co-op union. Read the full analysis.
Confused about revised vs updated ITR? Learn key differences, deadlines (Dec 31, 2025 & Mar 31, 2030), penalties, and how to avoid fines. File correctly now!
Taxpayers have until January 31, 2025, to file revised income tax returns for AY 2025-26. Learn the step-by-step process and crucial rules for correcting errors in your ITR.
India's upcoming Household Income Survey 2026 aims to close a decades-long data gap on what homes earn, moving beyond consumption for better policy. Read how this will reshape economic understanding.
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.
As 2024 ends, a 'Secret Santa' emerges in India's tax data. Discover the surprising trends in last-minute ITR filings and what they reveal about financial behavior. Read the full analysis now!
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.
Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.
Income Tax Department reveals over 15 lakh revised returns filed for AY 2025-26. Deadline is Dec 31. Learn about updated ITR rules and new advisory campaign.
Many taxpayers who filed ITR in September for AY 2025-26 are yet to receive refunds. Learn the reasons for delays, how to check status, and the deadline for belated returns.
Income Tax Dept sends bulk SMS/email alerts, putting refunds on hold for AY 2025-26 due to ITR discrepancies. Taxpayers face confusion as Dec 31 deadline nears. Learn what triggers holds and how to respond.
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.
Missed declaring deductions to your employer? You can still claim them in your belated ITR until Dec 31. Experts explain the process, key sections, and pitfalls to avoid for a smooth refund.
Facing complaints over stuck refunds, the Income Tax Department cites high ineligible claims. Taxpayers urged to file revised ITRs by December 31, 2025, as scrutiny focuses on high-value deductions.
The 3rd National Indirect Tax Moot Court Competition 2024, organized by the Chamber of Tax Consultants, concluded successfully in Delhi. The event aimed to hone the skills of future indirect tax professionals. Read more about the winners and key insights.
Income Tax Department sends SMS/email alerts, pausing refunds due to discrepancies in ITR filings. Taxpayers express frustration over vague communication. Revised return deadline is Dec 31, 2025.