In a city where history whispers from the bricks of every colonial edifice, a new chapter of pride and preservation was ...

Taxpayers throughout the country have been alerted as the new financial year began on April 1, prompting them to prepare filing for their Income Tax Returns (ITR) for the previous year.

To encourage voluntary compliance, Government of India, in Finance Act 2025, extended the time limit to file the updated ...

The PPAC reflects the increase in power purchase costs due to fuel (coal, gas) price escalation incurred by electricity ...

This time, however, the ITR forms and the filing utility got delayed as revenue department officials were pre-occupied with the new Income Tax Bill, which was introduced in Parliament in February.

Vivad Se Vishwas 2.0 is a dispute resolution scheme run by the Income Tax Department. It gives taxpayers a chance to settle ongoing tax-related cases by avoiding the prolonged litigation process and ...

The finance ministry had introduced the faceless scheme to increase transparency, reduce human interface and prevent corruption. The scheme is called "faceless" as the assessee does not get to see ...

the decision-making body for the Income Tax department and direct taxes administration. The notification also specified that the National Mission for Clean Ganga (NMCG), the implementing body of ...

To know the answers to these questions, we had a special conversation with Akhil Chandna, Partner and Global People Solutions Leader, Grant Thornton India ... at the Income Tax Department ...

A Delhi court on Saturday sent a deputy commissioner of the income tax department and a chartered accountant, who were arrested for allegedly sabotaging the faceless scheme for I-T assessment ...

The CBI arrested a deputy commissioner of the income-tax department and a chartered accountant Friday for allegedly sharing sensitive data on pending assessment with a group of chartered accountants ...

As the new financial year begins, millions of taxpayers across India are gearing up to file ... year 2024-25 is yet to commence as the Income Tax Department has not notified the ITR forms required ...