AI-powered Kar Saathi launched for filing taxes: Features, access explained
The government has launched Kar Saathi, an AI-powered assistant designed to simplify income tax return (ITR) filing and taxpayer queries. […]
Income Tax Recent News – 2026
CBI registers case against 3 Income Tax officials in Khordha over bribery allegations
A bribery allegation involving three Income Tax officials in Khordha has led to the registration of a case by the
Planning to apply for PAN? New forms 93-96 now in effect from April 1, 2026; know the breakdown
Taxpayers applying for a Permanent Account Number (PAN) from April 1, 2026, will need to follow a revised application framework,
Can a co-owner claim tax benefits under Sections 80C and 24(b) even if they are not contributing to EMI repayment?
Buying a home jointly is a common strategy among families, often used to improve loan eligibility and optimise tax benefits.
Tax experts seek CBDT master circular to resolve legacy guidance issues
With the rollout of the Income-tax Act, 2025, tax experts have urged the Central Board of Direct Taxes (CBDT) to
₹598 crore diamond deals in ironing vendor’s name: Income Tax notice exposes PAN misuse; bank manager under scanner
An Ajmer-based roadside ironing vendor was left shocked after receiving an Income Tax notice seeking details of transactions worth over
Direct tax collections miss estimate in FY26; Iran war to raise more revenue challenges in FY27: Govt sources
The direct tax collections for FY26 fell short of the revised estimates target of Rs 24.21 lakh crore, by over
Tax reform brings relief to armed forces, personnel to take home more under hardship allowance
The Income Tax Rules, 2026, effective from April 1, have addressed long-standing anomalies in the old tax regime by removing
Form 121 for TDS exemption: Here’s what has changed for taxpayers – Full details
Banking and tax-related processes have become much easier for crores of senior citizens and pensioners as the central government has
CAG flags Rs 40,178 crore tax relief over missing PAN, fake entry
A recent audit report of Comptroller and Auditor General (CAG) has flagged serious compliance gaps in bad debt claims by
