Govt flags backlog of 24.6 lakh ITRs pending beyond 90 days
Over 24.64 lakh income tax returns are pending for processing for more than 90 days, out of about 8.80 crore […]
Income Tax Recent News – 2026
New Income Tax Rules 2026 likely to be notified in first week of March: CBDT sources
The Income Tax Department is likely to notify the draft Income Tax Rules, 2026 and the accompanying forms in the
No Change In ITR Forms For AY 2026-27 Despite New Tax Law From April: Report
Income tax returns (ITRs) for the assessment year (AY) 2026-27 will continue to be filed using the existing return forms
No sunset date for old tax regime, 95% of refunds disbursed, says CBDT chair
The Income-Tax department has no “sunset” date in mind for the old tax regime, even though 88% of individuals had
Tax return filing for AY 2026–27 to continue under Income Tax Act, 1961 forms
Income tax returns for assessment year 2026–27 will continue to be filed using the existing forms prescribed under the Income
Tax Dept’s NUDGE Campaign Could Serve As Model For Govt Agencies To Improve Governance: CBDT Chief
The Income-Tax Department’s NUDGE — a technology-enabled campaign to prompt taxpayers to pay dues before initiating penal procedures — could
Tax dodgers beware: Income Tax is searching GST data to widen tax base
The Income Tax department may soon start drilling into goods and services tax (GST) data in an effort to widen
Draft Income Tax Rules: PAN Threshold Raised
Draft Income Tax Rules have proposed significantly raising transaction limits for quoting of PAN for cash deposits/withdrawal in banks, purchase
Draft Income-tax Rules 2026 seek to increase tax-free meal benefit for employees to Rs 200 per meal
Meals provided by an employer during working hours are proposed to remain tax-free up to Rs 200 per meal under
Budget proposal on tax holiday to give big boost to domestic data centres: Sources
Domestic data centre companies are likely to benefit significantly from the Budget proposal offering a tax holiday of 20 years,
