Strong tax collections, credit growth provide fiscal support; spending rationalisation may be needed: Report
The Centre is likely to retain a fiscal buffer in FY27 as buoyant tax collections and broad-based credit growth support […]
CBDT’s Nudge campaign results in 1.25 crore updated ITRs, ₹9,494 crore additional tax payment
The income tax department’s NUDGE campaign has resulted in 1.25 crore taxpayers filing updated or revised ITRs with payment of
Disputed tax demand down ₹16,690 cr since hike in monetary limit for filing appeals, LS told
The increase in monetary thresholds for filing tax dispute appeals at ITAT, high courts, and the Supreme Court has led
CBIC Strengthens Coordination with State Mining Authorities to Detect GST Evasion Linked to Illegal Mining and Transportation of Minerals
The Central Board of Indirect Taxes and Customs (CBIC), through its GST-Investigation Wing, has issued Instruction No. 01/2026-GST dated August
Income Tax Department Releases ITR-6 Excel Utility for Assessment Year 2026–27; Excel-based return-filing utility, JSON Schema and Validation Rules made available on the Income Tax e-Filing Portal
The Income Tax Department has released the Excel-based utility for Income Tax Return Form ITR-6 for Assessment Year 2026–27. The
Reduced 5% GST sought on Battery Energy storage system in containers
Renewable energy developers have urged the government to reduce the goods and services (GST) tax on standalone utility-scale or containerised
Haryana retains top position in state GST collection growth in first 4 months of 2026–27 financial year
Having recorded the highest growth in State Goods and Service Tax (SGST) collections among all states in the 2025–26 fiscal
Telangana records highest-ever monthly commercial tax revenue, collects ₹7,865 crore in July
The State government recorded its highest-ever monthly commercial tax collections in July 2026, with the Commercial Taxes Department mobilising ₹7,865
Capital gains tax: Telangana HC clarifies when builder delays won’t affect your Section 54F tax exemption
A delay by a builder in handing over a residential property cannot, by itself, deprive a taxpayer of the capital
Gujarat’s GST Revenue Jumps 26% in July 2026, Outpaces National Growth
Gujarat recorded a 26% year-on-year increase in Goods and Services Tax (GST) collections in July 2026, significantly outperforming the national
