IT Dept's New Nudge Campaign on Foreign Assets
Income Tax Department launches campaign targeting 25,000 high-risk assessees for undisclosed foreign income & assets. Disclose by Dec to avoid heavy penalties under Black Money Act.
Income Tax Department launches campaign targeting 25,000 high-risk assessees for undisclosed foreign income & assets. Disclose by Dec to avoid heavy penalties under Black Money Act.
Income Tax Department's initiative prompts 24,678 taxpayers to disclose foreign assets worth ₹29,208 crore and foreign income of ₹1,089 crore. Learn how this compliance drive is reshaping tax transparency.
Still waiting for your income tax refund? Discover the 7 main reasons for ITR refund delays and learn actionable steps to get your money faster. Complete guide for taxpayers.
Britain's Chancellor Rachel Reeves unveils £26 billion tax increases targeting wealthier individuals while protecting low-income families. Key budget decisions focus on economic stability.
India's taxpayer base surged to 116.1 million in AY 2024-25, but only 8.08 million filed returns. Expanding TDS system drives growth while compliance gap widens significantly.
UK Chancellor Rachel Reeves unveils £26 billion tax plan freezing brackets and hiking wealth taxes. Learn how this impacts millions of families and the economic outlook.
Learn the simple steps to track your income tax refund status online using your PAN card. Ensure your ITR is e-verified for a smooth refund process. Act now!
Waiting for your income tax refund? Learn when you'll receive it and follow our step-by-step guide to check your refund status online. Get your money faster with these simple methods.
CBDT Chairman explains income tax refund delays for FY 2024-25 due to wrongful deduction analysis. Taxpayers can expect refunds by December. Check your ITR status now.
Popular YouTuber Cody WhistlinDiesel reveals arrest for $30,000 Ferrari F8 sales tax evasion. The car was destroyed in 2023 but tax issues persisted. Read shocking details.
Greater Bengaluru Authority launches aggressive tax recovery drive to address ₹3,100 crore shortfall. Chief Commissioner orders immediate action against top defaulters. Read full details.
Infosys announces ₹18,000 crore share buyback at ₹1,800 per share. Learn how new income tax rules effective April 2024 affect your returns. Expert analysis on who should participate.
Indian-origin billionaire Lakshmi Mittal relocates from UK to Dubai as Labour government plans tax reforms targeting ultra-wealthy. Read about the inheritance tax concerns driving this exodus.
Understand how capital gains tax applies to mutual funds in India. Learn about tax rates for equity and debt funds based on holding period. Plan your investments wisely!
Income Tax refunds filed by Sept 16 are eligible for 0.5% monthly interest. Learn how to check your refund status online and the top reasons for delays. Act now to resolve issues.
Thousands of Indian taxpayers await income tax refunds past Sept 2025 deadline. CBDT Chairman reveals enhanced scrutiny of deductions. Learn about interest claims and resolution steps.
CBDT Chairman Ravi Agrawal announced the new Income Tax Act 2025 forms will be notified by Jan 2026, giving taxpayers ample preparation time before the April 1 implementation.
Learn how interest and dividends from inherited fixed deposits and shares are taxed during legal transfer delays. Essential tax compliance guide for legal heirs in India.
Bombay High Court refuses urgent interim relief to same-sex couple challenging Income Tax Act's spouse definition. Hearing postponed to December. #LGBTQrights #TaxLaw
Discover how to file revised income tax return for FY 2023-24 until December 31, 2025. Learn about Section 139(5), common errors, and difference between revised and updated returns.
Facing an Income Tax notice after buying property? Learn why scrutiny is increasing, how to respond effectively, and expert tips to avoid penalties. Act now for financial peace.
Selling a property? Learn how Section 54EC bonds can help you save tax on long-term capital gains. Discover investment limits, lock-in period, and key conditions. Consult an advisor today!
India's net direct tax collection surges 7% to over ₹12.9 trillion for the current fiscal year, while refunds see a significant 17.7% decline. Get the full details on this economic boost.
Essential guide to advance tax compliance under new regime covering bank interest, capital gains, and TDS rules. Avoid penalties with expert insights.
Bollywood icon Aishwarya Rai Bachchan emerges victorious in a significant tax dispute involving foreign income and expense claims. Get the exclusive details about this landmark case.
Planning to gift stocks or mutual funds this festive season? Discover the hidden income tax implications and capital gains rules you must know to avoid costly mistakes.
Migos rapper Offset faces massive financial turmoil as federal and state authorities slap him with $2.3 million in tax liens while his divorce from Cardi B continues, creating perfect storm of legal and money troubles.
Discover how bank FDs and equity mutual funds stack up against each other for tax-saving in India. Expert analysis on which investment works better under the new versus old tax regimes.
Unlock the secrets of India's share buyback tax regime. Learn how it impacts investors and companies, tax implications, and strategic considerations for maximum returns.
Income Tax Department issues final warning: PAN cards without Aadhaar linkage will become inactive from January 1, 2026. Learn the simple steps to complete this mandatory process and protect your financial transactions.