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VOLUNTARY TAX COMPLIANCE
Green card rules change: An immigration lawyer answers all your key questionsA new USCIS policy memorandum, PM-602-0199, impacts Adjustment of Status applications. Immigration officers will now scrutinize application...- Businesses can digitally record 'goods delivered' on e-way bill portal: GSTNGST registered businesses can now digitally close e-way bills upon delivery completion. This new voluntary feature on the GST portal streng...
- New Income Tax law aims to build transparent, tech-driven ecosystem for taxpayers: OfficialPune's Principal Chief Commissioner of Income Tax, Vivek Wadekar, announced the new Income Tax Act, 2025, aims to simplify compliance and f...
- New I-T Act will increase voluntary compliance: OfficialThe Income Tax Act, 2025 will boost voluntary compliance by simplifying provisions and reducing complexity, a senior official said. The rev...
- Elon Musk skips hearing in French probe of XTech billionaire Elon Musk on Monday did not appear at a summons for questioning in a French probe into X and its AI chatbot, Grok, over al...
- IRS no tax on tips 2026: Can you really deduct up to $25,000, who qualifies, and how much tax can you save?IRS no tax on tips 2026 is trending fast. Up to $25,000 deduction is now possible. That is real money saved. This rule applies to tax years...
- Top 10 winners get Rs 10,000 each: Income Tax Dept organises quiz on Income Tax Act, 2025 with cash prizesThe Income Tax Department is hosting a quiz on the new Income Tax Act, 2025. This initiative aims to boost citizen awareness of the taxatio...
- Updated ITR deadline approaching: Avoid 50% additional tax by filing before March 31, 2025Taxpayers are advised to file updated Income Tax Returns (ITR-U) promptly to avoid higher penalties. Filing by March 31, 2025, incurs a 25%...
- New Tax Bill: Simplifying the system to boost compliance & attract global capitalThe Income-Tax Bill 2025 aims to simplify the 1961 Act, making it concise to enhance compliance. This effort will result in a contemporary ...
- Deadline to file updated tax return extended in Budget 2025Finance Minister Nirmala Sitharaman proposed to extend the time limit for filing updated tax returns from 24 months to 48 months in the Uni...
- CBDT launches compliance-cum-awareness campaign for AY 2024-25 to assist taxpayers in reporting foreign assets and incomeIndia's Central Board of Direct Taxes (CBDT) has launched a campaign to help taxpayers accurately report foreign income and assets in their...
- Analytics & Technology Are Transforming India’s Taxman
- Finance Minister P Chidambaram exhorts service tax defaulters to come cleanAddressing industry chambers here, the Minister said the revenue department has so far received 6,409 applications, of which 3,085 have bee...
- Finance Minister P Chidambaram to address industry bodies on service tax amnesty schemeAiming to garner higher revenue from indirect taxes, FM P Chidambaram will address industry bodies at Chennai, Delhi and Mumbai on Voluntar...
- Govt stresses need on voluntary tax compliance"Govt believes in a non-adversarial tax regime. So there is a need for greater voluntary tax compliance," Minister of State for Finance (Re...
- Are you a tax defaulter? Here's a chance to declare your tax liabilityGovernment has decided to provide the tax defaulters another chance by implementing a single time amnesty scheme.
- Finance Ministry implements amnesty scheme for service tax defaulters'Voluntary Compliance Encouragement Scheme', which came into force after passage of Finance Bill, can be availed by a service tax defaulter...
- Voluntary compliance scheme to help widen tax base: Revenue secretarySumit Bose today said the recently announced voluntary compliance scheme for service tax defaulters will help the government widen the tax ...
- Direct taxes up 40%, FM non-committal on tax moderationFinance Minister P Chidambaram today parried questions on moderating taxes in the next budget even as direct tax collections this fiscal ar...
- Finance Ministry favours moderate income tax ratesThe Finance Ministry appears to be favourably inclined toward moderating income tax rates in view of the over 40 per cent growth in direct ...
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