Tax expert noted that the new bill is going to bring a 'transformative' shift in the country's taxation system by focusing on ...

The Indian government is closely monitoring high-value financial transactions using data analytics and inputs from various ...

It is mandatory to seed your Aadhaar with your bank account to avail the benefits of the Employment Linked Incentive (ELI) ...

According to an expert, if all details are correct and no notices are pending, but the refund is still not received, contact ...

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

India has different slabs for people under 60, senior citizens (60-79), and super seniors (80 and above). For example, if you ...

Budget 2025 has brought about changes to Ulips, tax on NPS Vatsalaya and for filing of updated income tax returns. Read our ...

Income Tax Appellate Tribunal (ITAT) Panaji set aside the National Faceless Appeal Centre (NFAC) order in the case of Ganga Suresh Rathod ...

Appeal was partly allowed as ground no. 2 and 3 was dismissed as infructuous.

No tax refunds was paid to 12 lakh Income Tax Return (ITR) filers for AY 2024-25 despite 3.94 crore verified ITRs claiming ...

To benefit from this revision, individuals must simply file their ITR; no additional formalities are required.

T Department's SMS to salaried taxpayers is meant to provide clarity on TDS deductions. However, some individuals may have misinterpreted the message and are wondering if they owe additional taxes.