Filing your ITR early for AY 2026–27? Why you should wait till June 15With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...
22 May, 2026, 04.22 PM IST
Good news for taxpayers! Faster tax refunds, quicker dispute resolution, TDS framework improvements and more planned by CBDT for 2026-27Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxe...
14 May, 2026, 05.05 PM IST
March 31, 2026 deadline for key Income Tax and GST compliances: Time to take action now to prevent penalties and late feesTaxpayers face a critical March 31, 2026 deadline for numerous income tax and GST filings. Missing these dates can lead to lost benefits an...
27 Mar, 2026, 05.32 PM IST
CIC advises Income Tax Dept: Institutionalise taxpayer-friendly grievance redressalIn a recent statement, the Central Information Commission has called on the Income Tax Department to overhaul its system for taxpayers. It ...
05 Mar, 2026, 06.13 PM IST
ITR filing 2025: What you should know about Form 26AS, AIS and TISIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 6...
15 Sep, 2025, 12.27 PM IST
ITR Filing: How to verify the validity of Form 16It is important to ensure that the TDS certificate received by you is valid. Thus, every taxpayer should verify and validate the TDS certif...
19 Jun, 2023, 12.19 PM IST
TDS and TCS: Are you in control of your organisation’s tax credits?Beyond tax credits, if revenues as reported in return of income as compared to revenues reflected in Form 26AS are short and credits are ta...
12 Sep, 2022, 10.15 AM IST
Beyond GST, how technology can enhance tax function outcomesSeveral large organisations are also enabling technology in tax processes through managed tax services (where organisations are not keen to...
20 Aug, 2022, 11.09 AM IST
Employers will now have to download full Form16 from TRACES portal onlyEarlier, employers were mandatorily required to download only Part-A of Form-16 from the TRACES portal and Part -B was issued using third-p...
19 Jul, 2019, 12.26 PM IST
E commerce companies set to collect tax from sellersThe tax deducted at source (TDS) and tax collected at source (TCS) provisions under the goods and services tax (GST) have been notified to ...
13 Sep, 2018, 11.17 PM IST
I-T dept cautions taxpayers against sharing user ID, passwordI-T department said taxpayers will also be liable to face consequences for misuse of their confidential information.
22 Dec, 2016, 12.56 PM IST
TRACES: Know all about online rectification of TDS returnTDS Reconciliation Analysis and Correction Enabling System (TRACES) of Income Tax Department allows online correction of already filed TDS ...
22 Jun, 2015, 08.44 AM IST
I-T Department walks away with Prime Minister's award for easy tax complianceThe award was presented to the department by Prime Minister Narendra Modi on the occasion of Civil Services day.
21 Apr, 2015, 10.50 PM IST
All there is to know about TRACESThe objective is to enable both payers and deductors of TDS to view taxes paid online, reconcile them for purposes of filing returns and se...
07 Jul, 2014, 09.14 AM IST
Need to move towards tech-driven tax administration: Chidambaram"We will have to get each one of the 28 lakh tax deductees . The tax amount would be credited to the government and refund would be credite...
23 Feb, 2013, 12.52 PM IST
- P Chidambaram to launch CPC (TDS) tomorrow
Chidambaram will launch the Centralised Processing Cell for Tax Deducted at Source (CPC-TDS) tomorrow, a move likely to ease the compliance...
22 Feb, 2013, 06.53 PM IST
- Know how to reconciliate TDS
There are incomes, such as salary, and interest from bonds and fixed deposits, on which tax is deducted by the payer of income.
22 Aug, 2011, 12.36 AM IST