Major TDS and TCS Reforms to Simplify Tax Compliance From 1st April 2025
The Union Budget 2025 has introduced several key amendments to India’s TDS (Tax Deducted at Source) and TCS (Tax Collected […]
Income Tax Recent News – 2025
Tax officers may soon access your social media a/c, emails: What this means
Starting April 2026, a significant change in India’s income tax rules will give tax authorities the power to access a
Tweak LTCG structure if cutting rates not an option, say experts
The clamour for a review of the long-term capital gains tax is getting louder with each passing day as investors
Section 87A tax rebate on STCG income allowed by CIT (Appeals); Know how this legal battle was won
On February 27, 2025, the Mumbai bench of the Commissioner of Income-tax (Appeals) (CIT(A)) delivered a landmark ruling in favor
Income Tax department issues warning to taxpayers: Beware of such IT refund scam
The Income Tax department, on its official social media account, issued a warning to taxpayers cautioning them to stay safe
Income tax officials can access your email, social media accounts from next year: Report
The Income Tax Department will reportedly have the legal right to investigate your social media profiles, emails, bank accounts, online
Tax sops to individuals cost Rs 8.7 lakh crore in 5 years
The treasury benches have often faced a barrage of criticism about the government’s alleged corporate tilt. North Block has faced
Income from asset transferred to even your daughter-in-law will be clubbed to your income and will be taxable in your hand in this case, says income tax dept
The Income Tax Department has recently released a new brochure highlighting how clubbing of income provisions is applicable for individual
Income Tax Department investigating unlisted share transactions, tax evasion in OFS deals: Report
The Income Tax (I-T) Department is conducting an extensive investigation into potential tax evasion related to unlisted share transactions, as
Government budgeting exercise – focus on application of funds
Every annual Central Budget exercise, we have the familiar rhetoric of the Central Govt Finance Bureaucracy saying that Indians as