The Indian government will introduce a revised Income Tax bill on Monday, incorporating parliamentary committee recommendations to simplify and modernize tax laws, replacing the 19...
The Income Tax department is drafting new rules under the proposed Income Tax Bill, 2025, focusing on clarity and taxpayer convenience. CBDT Chairman Ravi Agarwal highlights the us...
CBDT chairman Ravi Agrawal emphasizes the income tax department's commitment to taxpayer data confidentiality and outlines updates to tax laws for the digital age, including the us...
India's direct tax collections grew by 15.59% to Rs 27.02 lakh crore in 2024-25, driven by higher corporate and non-corporate taxes and a surge in securities transaction tax receip...
The Indian government has clarified that there are no plans to impose GST on UPI transactions over Rs 2,000, dismissing recent reports as false. The finance ministry explained that...
The Income Tax Department in India will keep its offices open from March 29 to March 31, 2025, to help taxpayers with last-minute filings before the fiscal year ends. Despite holid...
The Income-Tax Department has extended the deadline for filing belated or revised income tax returns for the fiscal year 2023-24 to January 15, 2025, providing taxpayers with more ...
