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CENTRAL DIRECT TAXES ADVISORY COMMITTEE
ITR filing season AY 2026-27: Received Section 143(2) notice for AY 2025-26? What it means and how to respondAs Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why ta...30 Jun, 2026, 10.28 AM IST- Harmanpreet Kaur to lead India Women's squad in Japan for Asian Games 2026; Smriti Mandhana accompanies as deputyDefending champions India have announced their squad for the 2026 Asian Games in Aichi-Nagoya, Japan. Harmanpreet Kaur will lead the charge...30 Jun, 2026, 09.52 AM IST
- Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...30 Jun, 2026, 07.26 AM IST
- Cabinet Secretariat cracks down on red tape, orders faster clearances for Centre's key projectsThe Cabinet Secretariat is pushing for faster government processes and reduced red tape to expedite key central projects. New directives ai...26 Jun, 2026, 11.25 PM IST
- IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guid...26 Jun, 2026, 10.35 PM IST
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...26 Jun, 2026, 12.13 PM IST
- Muharram 2026: Delhi traffic police issues advisory, check road closures, diversions, affected areas and travel timings for June 26Delhi Traffic Police has announced significant road closures and diversions on Friday, June 26, for Muharram. Major routes including MB Roa...26 Jun, 2026, 11.39 AM IST
- CDSCO asks states, port offices to step up screening to curb imports of illegal drugsIndia's drug regulator is intensifying border screenings to block unapproved medicines from entering the country. Authorities are cracking ...26 Jun, 2026, 10.08 AM IST
- Service output index to debut next month with FY25 baseIndia is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Productio...24 Jun, 2026, 06.01 PM IST
- Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...24 Jun, 2026, 05.57 PM IST
- Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...23 Jun, 2026, 02.14 PM IST
- Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...23 Jun, 2026, 11.44 AM IST
- Taxman to track slipping sectors & top tax payersThe communication, dated June 16, a copy of which was seen by ET, also mandated each zone to submit a report to the Directorate of Tax Rese...22 Jun, 2026, 11.44 PM IST
- Big Four firms' India operations shine amid global slumpIndia's Big Four accounting firms have achieved remarkable growth, outperforming global peers in fiscal year 2026. PwC and Deloitte reporte...22 Jun, 2026, 05.16 PM IST
- NCW issues advisory to States, calls for mandatory POSH audits and robust workplace safety mechanisms nationwideThe National Commission for Women has urged all states and Union Territories to strictly enforce the POSH Act, ensuring women's safety and ...19 Jun, 2026, 03.20 PM IST
- RBI not in favour of offshore settlement for sovereign bonds: ReportIndia's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...18 Jun, 2026, 08.46 AM IST
- RBI not in favour of offshore settlement for government securities, sources sayThe RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...18 Jun, 2026, 08.42 AM IST
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