Middle class in focus, says govt; highlights gains from pensions, tax relief, smart city push
The Centre’s policies aim to better equip middle-income families to face the future with confidence, an official statement said, highlighting […]
Income Tax Recent News – 2025
Income Tax Dept Cracks Down On Inoperative PAN; Penalties Upto ₹10,000 For Each Financial Transaction
The Income Tax department has started crack down on use of in-operative Permanent Account Number(PAN) with hefty penalties of upto
ITAT relief to IMA Kerala in Rs 1.81 crore income tax dispute
In a relief to the Indian Medical Association (IMA) Kerala State Branch, the Cochin Bench of the Income Tax Appellate
Scrutiny shows 7-8 lakh HNI taxpayers likely earn over Rs 1 crore annually but ITRs show less income
The Income Tax Department is analysing spending pattern and expense-related data of those high net worth individuals (HNI) who may
Beware: New ITR Norms Impose 200% Penalty for Fake Tax Claims
In an income tax investigation it has been found out that more than 90,000 salaried individuals have falsely claimed tax
Maharashtra Govt Seeks Income Tax Data To Verify Eligibility Of ‘Ladki Bahin Yojana’ Beneficiaries Amid Allegations Of Irregularities
The income tax department, Mumbai has received request from Maharashtra government for data on taxpayers who are beneficiaries of the
Dr Reddy’s Labs received Rs 2,396 crore tax demand from I-T department
Dr Reddy’s Labs shares tumble over 1% after I-T dept issues order over Rs 2,396 crore tax demand Shares of
CBI books senior IRS official, others, in ₹4.22 cr disproportionate assets case
The Central Bureau of Investigation (CBI) has booked a senior Indian Revenue Service (IRS) officer currently posted with the Income
Taxpayers cite high compliance burden despite anti-evasion efforts by tax dept
Effective April 22, 2025, the purchase of certain ultra luxury and premium products worth Rs 10 lakh or more would
Digital Arrest Scam Strikes Again! Navi Mumbai Professor Duped Of Rs 1.81 Crore By Fake Income Tax Officers
In a shocking case of cyber fraud, a woman professor from a reputed educational institute in Navi Mumbai was conned
