Rules for taxation of non-profit entities combined
The new Income Tax Bill, 2025 has streamlined and simplified provisions related to the taxability of non-profit organisation (NPO), which […]
Income Tax Recent News – 2025
New Income Tax Bill: No changes in capital gains tax structure, but language simplified
Some taxation experts are calling the recently-tabled new tax bill a significant reform that will help modernize and simplify India’s
AAP MP Raghav Chadha questions Nirmala Sitharaman’s ₹12 lakh income tax relief for middle class: ‘Is it untrue…’
Aam Aadmi Party MP Raghav Chadha on Friday said Union Finance Minister Nirmala Sitharaman tried to complicate his words at
Leased Property GST ITC: Legal dispute, policy changes deepen tax uncertainty
The eligibility of input tax credit (ITC) on construction expenses for leased properties has become a challenging issue, with both
Income tax official held in TDS scam case denied bail
Denying bail to income tax inspector Tanaji Adhikari, arrested in 2023 Rs 264 crore money laundering case, a special PMLA
Income Tax return filings rise nearly 4% to 83.9 million in FY25: Govt data
The total number of income tax returns (ITRs) filed till December 31 of FY25 stood at 83.9 million, nearly 4
1.2 million ITR filers for FY 2023-24 have not got refund: How to fix issue
The Ministry of Finance has provided an update on the settlement of Income Tax Returns (ITRs) filed for the Assessment
Hyderabad Techies Fake Rs 110 crore Donations to Political Parties, Claim Tax Rebates and Reclaim Funds
The Income Tax (I-T) department in Hyderabad has uncovered a tax fraud case involving several IT professionals who falsely claimed
Income tax cut shows strength of economy: Finance Minister Nirmala Sitharaman
Finance minister Nirmala Sitharaman said that while global uncertainties are in no way overwhelming India, the government is conscious that
Received an SMS on TDS from Income Tax dept? Here’s what you need to know
Some salaried taxpayers across the nation may have received messages from the Income Tax Department regarding their total tax deducted