ITR Processing Deadline: CPC Must Finish by Dec 31, 2026
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.
Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.
Gurugram's civic body imposed heavy fines for pollution violations under GRAP-4. 274 violators penalized Rs 14.10 lakh, while traffic police issued 1081 challans. Details inside.
The Municipal Corporation of Gurugram (MCG) sealed 15 commercial properties for property tax default, recovering over ₹1.5 crore. The crackdown targets major defaulters across the city.
Garhwa district issues final notice to 280 loan defaulters under Mukhyamantri Rozgar Srijan Yojana. FIRs will be filed if dues are not cleared by December 31. Details inside.
India sees a surge in voluntary tax compliance with 3.6 million individuals revising returns. CBDT's NUDGE campaign urges corrections before the December 31 deadline to avoid penalties.
The 3rd National Indirect Tax Moot Court Competition 2024, organized by the Chamber of Tax Consultants, concluded successfully in Delhi. The event aimed to hone the skills of future indirect tax professionals. Read more about the winners and key insights.
Struggling with property tax payments? Learn how to verify dues, download receipts, and pay online via official municipal portals. Save time and avoid penalties with our simple guide.
Learn how equity, debt & hybrid mutual funds are taxed. Optimise your post-tax returns with this detailed guide on capital gains tax, holding periods, and tax-saving strategies.
Gurugram enforces GRAP Stage 4 restrictions, including a ban on BS-III petrol and BS-IV diesel vehicles, as AQI hits 'severe' levels. Authorities act to combat the sharp air quality dip.
Mumbai's BMC demands Rs 10,899 crore in property tax using a disputed formula, overriding High Court and Supreme Court orders. 481 properties face inflated bills and threats of coercive action.
Gurugram administration mandates work-from-home for private offices starting Dec 22 due to severe air quality. CAQM invoked GRAP Stage-IV across NCR. Details inside.
Discover five proven strategies to legally lower your tax bill in retirement. Learn about Roth conversions, Social Security taxation, and new deductions for seniors in 2025.
RTI data reveals state & central govt bodies in Mumbai owe BMC over Rs 3,000 crore in property tax arrears. Only Rs 243 crore recovered in 5 years, raising burden on citizens. Read full details.
Income Tax Department issues detailed FAQs on claiming 80G deductions. Learn the verification process, eligible donations, and key conditions for taxpayers in the old regime.
Mysuru's urban bodies, led by MCC, achieve an 83% property tax collection surge. Digital payments, early rebates, and door-to-door drives fuel the success. Discover how the district is boosting civic development.
American casual dining chain TGI Fridays launches its newest restaurant in Gurugram's Ambience Mall, marking a significant step in its aggressive expansion strategy across India. Discover the menu highlights and growth plans.
India's corporate tax collections grew 7.5% to Rs 9.94 lakh crore by mid-December, surpassing personal income tax growth. Net direct tax kitty crosses Rs 17 lakh crore. Read the full analysis.
Returned NRI wants to gift money from foreign account to daughter abroad. Also, an NRI selling Dubai property seeks clarity on TDS certificate. Expert explains tax implications.
A traffic dispute in Gurugram's Sector-31 escalated into violence, leading to the complete destruction of a luxury Mercedes-Benz by security guards. No police complaint has been filed. Details inside.
India's net direct tax revenue rose 8% to ₹17 trillion in April-December, missing the 13% target. Personal income tax growth slowed due to new slab rates. Can the government meet its full-year goal?
India's net direct tax collection for FY25 grows 8% to Rs 17.04 lakh crore. Gross collections surge 24% to Rs 19.45 lakh crore, while refunds slow. Read the full analysis.
India's net direct tax collections grew 8% to Rs 17.05 lakh crore till Dec 17, boosted by a sharp 13.5% fall in refunds. Advance tax up 4.27%. Read the full analysis.
Lucknow Municipal Corporation introduces a new Property Tax Management System (PTMS) with unique 16-digit IDs for all properties. Aimed at boosting transparency and compliance, it links to the Smart City Command Centre. Read more.
Varanasi Municipal Corporation assures no coercive action against religious sites after seers protest integrated tax bills. Commissioner clarifies tax exemptions for charitable institutions.
The Income Tax Department clarifies recent taxpayer communications are for voluntary compliance. Review your AIS and respond via the Compliance Portal by Dec 31, 2025, if needed.
Kanpur police and tax officials bust a gang that created fake companies to evade GST worth Rs 37.87 crore. Four arrested, laptops and phones seized. Read the full investigation details.
Third advance tax instalment for FY 2025-26 due 15 Dec. Missing it attracts interest under Section 234C. Know calculation, exemptions for seniors, and how to pay by March.
Kochi district issues an average of 92 revenue recovery orders daily. Nearly half target bank loan defaulters, while others are for unpaid taxes. Learn the causes and impact.