Special 7? Fake income tax officials busted in Dahod for orchestrating ‘raids’
A gang posing as fake Income Tax (I-T) officers and conducting raids in Sukhsar village of Fatepura, Dahod, has been […]
Income Tax Recent News – 2025
ICICI Lombard wins tax appeals, Secures ₹174 cr relief
ICICI Lombard General Insurance Company Limited announced that it has received a favorable order from the Commissioner of Income Tax
Only 1% of tax returns are selected for scrutiny, 99% accepted on trust
Only 1 per cent of tax returns filed by taxpayers are selected for scrutiny, The Economic Times reported on Friday.
Budget 2025: Simplified tax code in Budget session to skip reforms
The much-awaited revamped Income-Tax Act, which will be far simpler and more unambiguous than the current one, may be tabled
These cash transactions may attract up to 100% penalty by Income Tax Department
The Income Tax Department while acknowledging Indian society’s affinity with cash transactions warned that the Income Tax Act, 1961 discourages
Income Tax Budget 2025 Expectations: Taxpayers await relief as FM Sitharaman prepares for February 1 announcement
Income Tax Budget 2025 Expectations: As the Union Budget 2025, scheduled for February 1, approaches, expectations among salaried individuals for
Government to simplify decades-old income tax filing rules in upcoming Budget
India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law
Budget 2025: Easier ITR filing and tax dispute reduction expected, says report
The upcoming Union Budget 2025-26 is poised to introduce significant changes to India’s tax landscape, aiming to simplify income tax
Trade unions pitch for income tax exemption threshold hike, return to old pension system, widening of MGNREGA scope in upcoming Budget
Ahead of the 2025-26 Budget, trade unions on Monday called on Finance and Corporate Affairs Minister Nirmala Sitharaman to improve
ITR filing: Approval for condonation of delay helps this taxpayer save over ₹3.42 lakh
Not being able to file an income tax return (ITR) before July 31, 2024, prevented Suresh Jain (name changed) from