Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original filing, revision,...

The simplification of ITR forms has been a welcome change for NRIs. However, e-verification of ITR form to successfully complete the filing...

SBI Research has called for a quick review of the Income Tax Act, urging that it be introduced as a money bill for faster passage. The repo...

Lenders say large- and small-value loan customers have previously falsified data for expanding their borrowing limits. Last year, Can Fin H...

In the upcoming Chhattisgarh assembly elections, the first phase will witness the participation of 46 'crorepati' candidates, indicating th...

The income tax department reported that individual taxpayer I-T returns increased by 90% in 9 years to 6.37 crore in the 2021–2022 fiscal y...

A major enabler has been CBDT's embrace of technology to not only simplify compliances but to also identify potential cases of tax evasion ...

In the longer run, the government wants to do away with the complex old tax regime by establishing a new system, devoid of exemptions and d...

The net direct tax collections (income tax and corporate tax) reached an all time high of Rs 14.09 lakh crore in financial year 2021-22 aga...

With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country a...

The tax administration is making a steady but steadfast shift from being an enforcer to a facilitator, and from opaqueness to transparency....

The National Election Watch and ADR have analysed the self-sworn affidavits of 1,590 out of 1,644 candidates, who are contesting in the Lok...

The e-filing facility for ITR-1 is enabled from April 1 and ITRs can be filed till the stipulated deadline of July 31.

More than half of Akhilesh's ministerial colleagues have criminal records, says a pre-election survey.

NSE has recently set up facilities that serve as a model for the securities industry in terms of systems, practices and procedures.

Jaitley also promised to unveil soon an "extremely simplied" Income Tax Return (ITR) form for the assesses and camps to ensure expeditious ...

BJD was not among the six political parties which were declared to be public authorities liable to answer queries under the RTI Act.