Net corporate tax collection during the period (April 1, 2025, to December 17, 2025) stands at about Rs 8.17 lakh crore, up ...

The Income Tax Department clarifies that recent transaction-related SMS and emails sent to taxpayers are advisory in nature ...

Tax Dept finds fake deduction claims by refund agents, targeting RUPPs and charities. Penalties: 200% fines, prosecution. ITR ...

The Income Tax Department is alerting taxpayers about foreign assets and income. Income earned from abroad requires reporting ...

Amend Section 486 to read: “Irrespective of anything contained in this Chapter, no person shall be prosecuted for any offence ...

Government signals corrective action after panel report, Parliament finds responses evasive, and airline seeks Rs 900 crore IGST refund ...

After a massive nationwide operation, Central Board of Direct Taxes acted against several intermediaries involved in filing ...

With RBI cutting the repo rate by 125 bps in 2025, bank FD rates have fallen across tenures. While FDs still suit low-tax ...

Several taxpayers claimed refunds by showing fake donations to political parties and charitable institutions, often with the ...

When the Finance Act, 2024 rewired the tax treatment of share buybacks, it upended a long-standing system that had—with all ...

The Income Tax Department has intensified its focus on fraudulent refund claims linked to bogus donations and has launched ...

The Income Tax Department has intensified its data-driven ‘NUDGE’ campaign, alerting taxpayers about mismatches between ITRs ...