Centre asks tax dept to drop tax appeals below new thresholds in 3 months
Finance minister Nirmala Sitharaman on Monday asked the income tax department to withdraw within three months all appeals filed by […]
Income Tax Recent News – 2025
FM to review backlog of income tax disputes on Monday, to push for early resolution
Finance minister Nirmala Sitharaman will on Monday review the backlog of income tax disputes and explore ways of cutting down
Income Tax: Taxpayers urge I-T department to release excel utilities of ITR-2, ITR-3
Barring ITR-1 and ITR-4, the income tax department has yet not released the excel utilities of other income tax forms.
Income Tax action being taken for non-compliant taxpayers with foreign income: FinMin
The income tax department is taking action against non-compliant people having foreign income, the finance ministry on Friday said, adding
How to validate your bank account details for a smooth IT refund
As tax season approaches, it’s time for taxpayers to organise their documents in preparation for filing income tax returns. The
NPCI introduces real time PAN-bank account validation on income tax portal
The National Payments Corporation of India (NPCI) has launched a new facility to streamline Permanent Account Number (PAN) and bank
FM to review income tax dept on June 23, refund delays, litigations in focus
After engaging with indirect tax officials across the country, Union Finance Minister Nirmala Sitharaman is expected to hold a similar
Aadhaar must for new PAN card
The Central Board of Direct Taxes plans to make Aadhaar authentication compulsory for a new Permanent Account Number (PAN) card
Draft Income tax Bill, 2025: LLPs likely to retain LTCG benefits
The government is likely to fix a key omission in the draft Income Tax (I-T) Bill, 2025, which could have
At Rs 1.5 lkh cr, advance tax mop-up grows just 4% amid global uncertainties
The Centre’s advance tax collections have grown at a tepid pace till June 15 this fiscal, suggesting muted income growth
