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FM Sitharaman asks I-T Department to separate genuine errors from wilful tax evasionFinance Minister Nirmala Sitharaman called on the Income Tax Department to embrace a more taxpayer-friendly attitude. She highlighted the i...- USPS rule change raises concerns for millions sending tax returns and ballots - what to knowUSPS Mail Deadline: Over 160 million IRS tax returns move through the United States Postal Service every year. A new USPS postmark rule cha...
- US lawmakers raise concerns over Intel's testing of tools made by Chinese-linked firmIntel said in a statement that "ACM tools are not used in Intel's semiconductor production processes," adding that the company fully compli...
- When can you file taxes in 2026? Key IRS dates, deadlines and what filers should knowIRS Tax Deadlines for 2026: The 2026 tax season officially kicks off in late January 2026, when the IRS begins processing 2025 returns. Mos...
- IRS fresh alert ahead of Christmas: Waiting for stimulus checks? Don’t fall into scammers’ trap — here’s what protections the IRS recommendsIRS is warning millions of Americans about rising identity theft and tax scams this Christmas. Holiday shopping plus tax season makes a per...
- Consumption rebound to drive best Nifty earnings in over 2 years, more rate cuts needed: Saurabh MukherjeaSaurabh Mukherjea says India’s consumption revival is already visible, with Q3 likely to deliver the strongest Nifty earnings in over two y...
- What you should know about this emerging digital gateway for relaxed tax filing and complianceFixmytax, launched in 2022 by Dr. Pawan Jaiswal, simplifies tax filing and compliance for individuals and businesses across India. The plat...
- Kevin O'Leary backs Elon Musk's cost cutting spree, says, 'Look at the executional skills he has. There's nobody like him. Let him do his thing'In a recent development it has been known that the renowned personality Kevin O’Leary is heavily backing the cost cutting spree of Tesla CE...
- ITR refund scam FY2023-24: Don’t fall prey to this income tax refund scam, warns tax departmentIncome tax refund: ITR filers should exercise caution and authenticate all communications from the IT department using official channels. T...
- Indexation benefit may be a reality again! LTCG tax amendment proposal brings joy to real estate sectorReal estate industry leaders welcomed the amendment proposed by Finance Minister Nirmala Sitharaman in the Finance Bill, which aims to prov...
- Our decisions have effect on nation's economy: New CBDT chief to I-T officialsNew CBDT chairman Ravi Agrawal emphasizes the significance of decisions on the economy and ease of doing business. He calls for the creatio...
- Can Budget 2024 leverage technology for effective tax administration in India?India's transformation through technology, specifically in tax administration, serves as a global example. The government is leading this c...
- I-T dept eases norms for personal hearing via video conference under faceless appeal scheme"Such a hearing shall be conducted through video conferencing or video telephony, including use of any telecommunication application softwa...
- CBDT issues protocols in case of treaty-exchanged data breachA breach management task force constituted under the Information Security Committee will identify the source, contain the immediate impact ...
- View: The taxman’s reach is growing. Here's how to ensure taxpayers' rights are protectedExpanding the coverage of the statement of financial transactions (SFT) — annual information returns, in its earlier avatar, obtained from ...
- Tax dept asks officers working from home to chase large taxpayers for duesI-T dept has asked field formations to contact large taxpayers to follow up on pending collections.
- Faceless e-assessments will motivate honest taxpayers: Pramod Chandra Mody, chairman, CBDTCBDT chairman says the centralised process will improve “the quality of assessments”.
- Need to firewall systems to counter cyber risks around GST: ExpertsPwC India Partner and Leader (Cyber Security) Sivarama Krishnan said there are several threats that companies could get exposed to as a res...
- Inflation continues to hinder decision on sugar exportsMore than a month after high food prices forced it to take a U-turn on its notified decision to allow free sugar exports of 5 lakh tonnes, ...
- Finmin opposes Indian Drugs and Pharmaceuticals revival planThe finance ministry has opposed the chemicals and fertilisers ministry’s proposal to spend Rs 4,500 crore of taxpayer’s money to revive th...
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