Income Tax
India's net direct tax collections have surged to Rs 6.51 lakh crore, reflecting robust economic activity and improved compliance. This significant growth signals positive …
Income Tax
India's net direct tax collections have surged to Rs 6.51 lakh crore as of mid-July, marking a healthy 16.4% year-on-year growth that reflects improved …
Income Tax
The government's direct tax revenues have grown significantly in the current fiscal year, driven by improved compliance and economic growth. Net collections reached Rs …
Income Tax
A petition challenging the tax treatment of judicial allowances under the new income-tax regime is set to be heard by the Delhi High Court, …
Income Tax
The government has notified the Income Tax Rules 2026, introducing a modernized compliance framework that will take effect from April 1, 2025. The new …
Income Tax
Tax experts reveal that the majority of income tax disputes arise from inadvertent reporting mistakes and misinterpretation of complex tax laws rather than deliberate …
Income Tax
The Income Tax Department is proactively sending SMS alerts to taxpayers, encouraging early ITR filing for AY 2025-26. This initiative aims to reduce last-minute …
Income Tax
The government has notified stricter Income Tax Rules 2026, introducing enhanced compliance measures for taxpayers. Here's what you need to know about the new …
Income Tax
The Income Tax Department has released the ITR-7 Excel utility for Assessment Year 2026-27, enabling trusts, political parties, and research institutions to file their …