Updates – Income Tax

Following major reforms in Income Tax and GST, the Indian government is now turning its attention to revamping the customs […]

India’s income tax rules on cash transactions are becoming stricter, causing confusion among individuals and businesses about permissible cash holdings.

The Delhi High Court has cautioned the GST and Income Tax Departments about relying on Artificial Intelligence (AI) tools, such

Keeping track of your taxes can often be a tedious task, but the Income Tax Department of India has made

December is one of the busiest months for taxpayers in India, with several critical income tax deadlines falling within a

The Income Tax Department has identified several high-risk cases in which taxpayers failed to disclose their foreign assets in their

The Supreme Court of India has clarified that tax deduction at source (TDS) on remittances to non-resident entities cannot exceed

In a major step toward modernizing India’s tax framework, the government is set to roll out the Income Tax Act,

On 18 November 2025, the Central Pollution Control Board (CPCB) issued a circular explaining the rules for salary TDS for

Many taxpayers are still waiting for their income tax refunds, even though some have already received them. CBDT Chairman Ravi

Taxpayers across India are increasingly encountering mismatches between the data shown in their Annual Information Statement  (AIS) and what they

In a significant ruling dated November 13, 2025, the Income Tax Appellate Tribunal (ITAT) Chandigarh granted partial relief to Mr

The government has made it much easier to claim tax relief on capital gains. The Ministry of Finance’s Capital Gains

As pre-Budget discussions continue for the Union Budget 2025–26, various industries are pushing for measures to support businesses, while taxpayers

Many taxpayers across the country are still waiting for their income tax refunds this year. The CBDT said that most

​On Monday, the Chairman of the Central Board of Direct Taxes (CBDT) said the Income Tax Department is analysing certain

Taxpayers in India will soon experience a major overhaul in the direct tax system as the Income Tax Act, 2025

The Employees’ Provident Fund Organisation (EPFO) has initiated the release of long-pending pension arrears under the EPS-95 scheme in 2025.

For years, taxpayers have faced a common frustration—waiting endlessly for their income tax refunds even after filing their ITR on

The September 16 ITR filing due dates passed almost two months ago. Although many taxpayers have received their refunds, some