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India's export ambitions need more than infrastructure, says BCBAAs India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in enhancing trade competitiveness an...- Has Form 168 replaced Form 26AS for FY 25-26? Here's what taxpayers need to know for ITR filingForm 168: The Income Tax Department has unveiled Form 168, a comprehensive upgrade to the Annual Information Statement, effectively superse...
- Govt highlights tax reforms, investor confidence as Modi completes 12 years as PMPrime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant ac...
- Income tax burden reduction over 12 years reflects 'Ramrajya', government saysA government booklet marks Narendra Modi's tenure as India's longest-serving Prime Minister. It highlights tax reductions and reforms like ...
- Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
- AIS data errors, wrong PAN entries causing ITR filing troubleErrors in Permanent Account Number entries and duplicate transactions are creating problems for taxpayers. The Income-tax Department is wor...
- CBIC allows remote clearance for sea cargoThe Central Board of Indirect Taxes and Customs has introduced new procedures for vessel entry and departure. Customs officers will now gra...
- 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...
- Quote of the Day by Franz Kafka: 'You do not need to leave your room...'—Top quotes by the Absurdist fiction novelistQuote of the Day: Franz Kafka's words offer solace in today's chaotic world. His quote on remaining still and listening to the world reveal...
- Eyes the size of a pizza and longer than a bus - the ocean's most mysterious monster just showed up in Western Australia and scientists are stunnedScientists found signs of a giant squid in deep waters near Western Australia using DNA in seawater. The study also showed many unknown sea...
- No more sub-registrar visits: Delhi’s new Aadhaar-linked property portal is set to make property registration onlineDelhi government is reviving an ambitious plan to make property registration entirely paperless and faceless. By allowing online applicatio...
- ITR assessment rules change from April 2026: Four key amendments explainedFour key changes to Income Tax Return (ITR) assessment rules will be effective from April 2026 for Tax Year 2026-27. These amendments, intr...
- 'The Faceless Lady': VR horror TV series’ plot, premiere, where to watch, trailer, cast and creative team'The Faceless Lady' is a groundbreaking VR horror series that follows three couples competing for a castle's ownership, haunted by the veng...
- CBDT notified amendment in Faceless penalty scheme, allowing mandatory personal hearingThe amendment has omitted the Regional Faceless Penalty Centre from the Faceless Penalty Scheme and provides that electronic records shall ...
- No proposal for scrutiny of GST assessment in faceless mode: MoS Anurag Singh ThakurIncome tax assessments are being done in a faceless manner except in certain conditions and till March 10, a total of 82,072 assessment cas...
- Govt introduces faceless penalty schemeThe scheme, notified on Wednesday, specifies setting up of national faceless penalty centres, regional penalty centres, penalty units and r...
- Government operationalises 'Faceless Income Tax Appeals' systemPrime Minister Narendra Modi on August 13, while launching the faceless assessment and taxpayers' charter as part of "Transparent Taxation ...
- Government looks to extend faceless assessment scheme to 8 more I-T proceedingsBesides, faceless collection and recovery of tax, faceless revision and effect of orders and faceless approval or registration are proposed.
- Income Tax Department to intimate taxpayers under scrutiny about faceless assessmentCBDT had earlier this month notified the NeAC for all communication with taxpayers under the faceless assessment scheme. Since August 13, a...
- Delhi, Mumbai Customs to start faceless cargo assessment from August 3"Board has decided to begin the 2nd phase of All India rollout of faceless assessment w.e.f. August 3, 2020, by including Delhi and Mumbai ...
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