Tax nudges lead 5 million taxpayers to revise returns; refund claims drop ₹2,000 crore
More than five million income tax returns were revised after the tax department flagged incorrect or bogus deduction claims last […]
Income Tax Recent News – 2026
Parliamentary committee flags rising delays in income tax refunds
Nearly 27 lakh income tax refund applications were processed with delays beyond the normative 90-day period during the current financial
Fraud alert: I-T department warns against fake demand claims, e-PAN; here’s how to remain safe
The income-tax department has cautioned taxpayers about fraudulent emails circulating online that falsely claim to be issued for Assessment Year
Financial tasks to complete before March 31, 2026 to save tax and avoid penalties
With the financial year 2025–26 nearing its end, taxpayers should complete several important financial tasks before March 31, 2026, to
Income Tax e-filing Portal Stress Test Before New Income Tax Act
A Parliamentary panel on Thursday asked the Income Tax department to undertake “rigorous stress and load testing” of its e-filing
Only 54 forms ready as new Income-Tax Act rolls out from April 1, 2026
The Income-tax Department will roll out the new Income-tax Act, 2025 from April 1 with only 54 of the 190
Advance tax final instalment deadline: Who must pay and what happens if you miss 15 March due date?
The deadline for paying the fourth and final instalment of advance tax for the financial year 2025–26 is around the
Government Renames Personal Income Tax As Non-Corporate Tax From FY26
The government has renamed Personal Income Tax as Non-Corporate Tax (NCT) from FY 2025–26, as the category includes taxes collected
Income Tax Rules 2026: Govt renumbers key forms, Tax Audit now Form 26, PAN, TDS, ITR forms changed
The Income Tax Department has introduced a major overhaul in form numbering under the Income Tax Rules 2026, replacing several
Personal use of company credit cards may attract tax under proposed Income Tax rules 2026
As per the proposed Income Tax Draft Rules, 2026, credit card usage may come under stricter income tax scrutiny from April 1, 2026.
