Income Tax Dept rolls out ‘TAXASSIST’ campaign to support ITR filing and notice compliance
The Income Tax Department has launched a dedicated support service called ‘TAXASSIST’ to help taxpayers address notices and queries during […]
Income Tax Recent News – 2025
India’s tax reforms, digital push have increased revenue, cut compliance costs: FM Sitharaman
Union Finance and Corporate Minister Nirmala Sitharaman on Tuesday said that India’s tax reforms and digital transformation in tax administration
Delhivery gets Rs 1.36 crore penalty order from Income Tax department
Logistics startup Delhivery has received has Rs 1.32 crore penalty order from the Income Tax department of Delhi. In an
CBDT chief directs Faceless officers to avoid irrelevant queries in tax assessments
The Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal has issued strict directives to Faceless Assessment Officers (FAOs) to
Crypto tax in India: Schedule VDA, 30% tax, how investors should file ITR
Cryptocurrency, once a niche interest for tech enthusiasts, has rapidly evolved into a significant digital asset class in India. Even
Pay additional taxes now on FY25 income to save on interest outgo
While the Central Board of Direct Taxes has extended the deadline to file income tax returns for AY 2025-26 to
Taxman using AI to track deductions; more notices expected this filing season, says expert
The Income Tax Department is using artificial intelligence and data analytics to detect suspicious deduction claims under Sections 80C and
India to launch first nationwide Household Income Survey in February 2026
India will launch its first nationwide Household Income Survey in February 2026, offering policymakers direct data on earnings from salaries,
From July 1: Aadhaar-PAN Rule, New Bank Charges, And Tax Deadline Extension Take Effect
From July 1, 2025, a series of important financial changes will be implemented, impacting individual taxpayers and customers of major
Under I-T Lens: 1.6 Lakh Tax Returns Under Scrutiny; M&A Discrepancies Among Red Flags
In a major compliance drive, the Income Tax Department has selected around 1.65 lakh cases for scrutiny for assessment year
