Income Tax Dept drive to boost advance tax awareness
In a proactive effort to enhance tax compliance and promote awareness about advance tax obligations, the Income Tax Department, Shimla […]
Income Tax Recent News – 2025
Increased I-T scrutiny: NGOs, HNIs, and past cases under the scanner
The Central Board of Direct Taxes (CBDT) has issued fresh guidelines on selection of entities and people for complete scrutiny,
‘Indian income tax sleuths have no way to tax digital value loop’
Indian tax authorities are staring at a growing revenue loss in digital tax collection as artificial intelligence (AI) firms such
16th Finance Commission may keep states’ share in central taxes unchanged or raise it by 1 percentage point, say sources
The 16th Finance Commission (FC) might recommend that the states’ share in the Centre’s divisible pool of taxes remain unchanged
Centre to amend new I-T bill’s refund provision in relief to taxpayers: Report
The government is set to amend the refund provision in the new Income Tax Bill, 2025, bringing relief to taxpayers,
ITRs by non-registered political parties, educational bodies to be picked up for compulsory scrutiny
Political parties, educational institutions, scientific bodies etc, not recognised by the Income Tax Department will have tough time as their
Charitable and religious trusts, research institutions to face increased I-T scrutiny
Income-tax returns of charitable trusts and research institutions that have wrongfully claimed exemptions, as well as entities and individuals that
Income Tax: Advance tax first instalment is due by June 15. Check if you are liable to pay
The Income Tax (I-T) department has shared a post reminding taxpayers that the last date to pay the first instalment
Income Tax Bill 2025: Parliament panel focuses on clarity, not overhaul
Parliament’s select committee examining the Income Tax Bill, 2025, may not recommend any significant changes to the new provisions but
Zensar Technologies hit with Rs 1.76 crore tax penalty
Pune-based Zensar Technologies has been served a Rs 1.76 crore tax penalty, according to an exchange filing on Thursday. The
