Income tax filing set for overhaul as pre-filled returns roll out from April 1st
The simplified income tax framework set to take effect from April 1 is expected to allow salaried taxpayers with no […]
Old Tax Regime Back In Focus After Draft Income Tax Rules 2026 Published
The draft Income Tax Rules 2026 have revived the old tax regime, even as many expected it to gradually fade
Tobacco Board urges Finance Minister to revisit tax hike; flags farmer distress, illicit trade risk and tax revenue loss
The hike in cigarette prices is turning out to be problem for tobacco farmers and workers. The Tobacco Board, under the administrative
Draft income tax rules 2026 signal tighter eligibility and digital-first filing for ITR-1 to ITR-7
The Central Board of Direct Taxes (CBDT) has recently introduced the draft Income-tax Rules, 2026, in alignment with the Income-tax
Draft income tax rules: Higher education-linked exemptions to boost old regime’s appeal
The draft income-tax rules propose an overhaul of the way salaries are taxed, including a sharp increase in exemption limits
Tax department redesigns 30 key forms ahead of new Income-tax Act
The draft Income-tax Rules and Forms put out for public consultation propose a major redesign of 30 high-volume tax forms,
Gujarat HC raps Customs: Disposal of 200 gm gold bars seized from man ‘suspicious & dubious’
Stating that the act of disposing of 200 grams (gm) of 999 purity 24-karat gold bars by the Customs Department,
AIDA seeks GST cut on flex-fuel vehicles, expansion of ethanol dispensing infrastructure
India’s distillery industry has urged the government to cut goods and services tax (GST) on flex-fuel vehicles to boost ethanol consumption,
India’s vehicle retail sales jump 17.61% YoY in January 2026 post-GST cuts
Vehicle retail sales in India commenced the calendar year 2026 on a strong note, recording a 17.61 per cent year-on-year
Important for Deductees: Why Timely TDS/TCS Corrections Matter
Important for Deductees: Why Timely TDS/TCS Corrections Matter What Changed? The section 397(3)(f) of Income Tax Act 2025 has reduced
