FinMin may restore dividend deductions for 22% corporate tax regime
The finance ministry (FinMin) is likely to amend the Income Tax Bill 2025 to restore the deductions for inter-corporate dividends […]
Income Tax Recent News – 2025
CBDT may not provide tax relief to foreign-owned data centres
The Central Board of Direct Taxes (CBDT) is likely to issue a circular clarifying the tax treatment of income earned
Over 25.5 percent of women filed ITRs in FY24, up from last year
The number of women filing income tax returns in India has increased strongly by 25.3 per cent in the last
ITR Scrutiny To Get Stricter This Year, Income Tax Department To Send Notices In Key Cases
The Income Tax Department will closely examine Income Tax Returns (ITRs) in five types of cases for the assessment year
New ITR rules: Penalty up to 200% on claiming false deductions
All set to file your income tax return? Well, be extra careful this time. Under the new ITR rules, claiming
Thousands get tax notices over undisclosed crypto income: Here’s how you should report it in ITR
The Income Tax Department has recently sent notices to thousands of individuals who failed to report their crypto income in
FM Nirmala Sitharaman calls for friendly tax compliance processes
Finance minister Nirmala Sitharaman on Monday asked income-tax officials to ensure that tax compliance processes are made simpler, more transparent
Simplify processes, speed up refunds, Finance minister Sitharaman tells tax officials
Finance minister Nirmala Sitharaman on Monday asked top direct tax officials to make the processes simpler, transparent, and taxpayer-friendly, while
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
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
