CBDT Clarifies Section 80G Donation Rules via New FAQs
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.
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.
India's corporate tax collections grew 7.5% to Rs 9.94 lakh crore by mid-December, surpassing personal income tax growth. Net direct tax kitty crosses Rs 17 lakh crore. Read the full analysis.
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.
India's net direct tax collections grew 8% to Rs 17.05 lakh crore till Dec 17, boosted by a sharp 13.5% fall in refunds. Advance tax up 4.27%. Read the full analysis.
Varanasi Municipal Corporation assures no coercive action against religious sites after seers protest integrated tax bills. Commissioner clarifies tax exemptions for charitable institutions.
UPCA announces ticket refund process after excessive fog forces abandonment of 4th India vs South Africa T20I in Lucknow. Full details on eligibility and procedure inside.
UPCA offers full ticket refunds after fog cancels India vs South Africa 4th T20I in Lucknow. Details on online & offline refund process for December 20-22.
UPCA to refund all tickets after fog cancels 4th India-South Africa T20I in Lucknow. Details for online & offline refund process from Dec 20-22. Read for full instructions.
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.
West Bengal govt initiates refund process for 34,000 fans after Messi's no-show. CM's committee steps in, but procedural hurdles may cause delays. Get the full story.
Third advance tax instalment for FY 2025-26 due 15 Dec. Missing it attracts interest under Section 234C. Know calculation, exemptions for seniors, and how to pay by March.
Kolkata flyers face long waits for IndiGo refunds via portals like MakeMyTrip. Govt fare cap fails to curb high prices, leaving passengers frustrated. Details inside.
Ahmedabad ITAT restores an NRI's tax appeal despite a 621-day delay, citing notices sent to a wrong email address. The ruling highlights the need for accuracy in the faceless appeals process. Read more.
Travel platform ixigo announces full refund of convenience & assured fees for passengers hit by IndiGo's mass cancellations from Dec 3-8, 2025. Get details here.
Get ready for the 2026 tax season with major changes under the One, Big, Beautiful Bill. Learn about new deductions, refund timelines, and how to file early for faster returns. Essential reading for all taxpayers.
Travel aggregator ixigo announces full refund of convenience and assured fees for all passengers affected by IndiGo flight cancellations between December 3 and 8, 2025. Learn the details.
The Indian government mandates IndiGo to finalize all passenger refunds for disrupted flights by Sunday, 8 PM. Airlines barred from rescheduling fees. Full details here.
Understand India's advance tax rules for FY 2025-26. Know payment deadlines, key exemptions for senior citizens & salaried, and how to avoid penal interest. Plan your taxes now.
Donald Trump claims global tariffs can replace US income tax. Experts and Treasury data reveal a multi-trillion dollar gap, calling the idea 'nonsensical' and economically risky. Read the full analysis.
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 expands Hyderabad biryani tax evasion probe to rice & meat suppliers. Officials uncover weight manipulation & ₹600 crore unaccounted income. Read the full investigation details.
A complete guide to Indian tax laws on wedding gifts, clubbing of spouse & minor's income, and alimony taxation. Learn key exemptions and avoid penalties.
The 15 December advance tax deadline is approaching. Learn who must pay, the instalment schedule, and the interest penalty for missing the due date. Act now to avoid fines.
Indian courts are pushing back against tax investigations relying solely on WhatsApp chats. Recent ITAT rulings mandate independent proof like documents or cash trails for digital evidence to be valid. Read the full analysis.
Ghaziabad Municipal Corporation extends the 20% property tax rebate deadline to December 31. After that, rebates will reduce in phases. Over 5.5 lakh taxpayers in the city are affected.
An NRI in Dubai asks if gifting unlisted company shares to his father in India attracts tax. A CA explains the capital gains and DTAA implications for NRIs. Read for expert advice.
Missed your income tax return deadline? Learn about the condonation of delay under Section 119(2)(b) to avoid penalties up to 70%. A step-by-step guide for Indian taxpayers.
The UAE has unveiled key tax amendments effective January 2026, simplifying refunds and boosting FTA powers. Learn what this means for businesses and taxpayers.