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INCOME TAX BILL 2025 LOK SABHA
FD rate up to 8.05% for senior citizens investing for five years; Know list of banksSenior citizens can now secure fixed deposit rates as high as 8.05% for a five-year term with select small finance banks. While these attra...- World's highest-consuming 10 pc causing environmental damage of up to USD 5.7 trn annually: StudyThe world's top consumers, mainly in the US and EU, cause trillions in environmental damage annually. Biodiversity loss and climate change ...
- ITR-3 release date: Who should file this income tax return form as I-T Department enables online filing, Excel utilities for itThe Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is fo...
- Ageing EVMs, more booths: EC seeks Rs 500 crore ahead of 2029 pollsThe Election Commission of India is preparing for the 2029 general elections. It needs over ₹500 crore to buy new electronic voting machine...
- Tax-free income in India: 8 types of income you don’t need to pay any tax onTax-free income: Unlock tax savings with these eight income sources exempt from income tax in India. From agricultural earnings and provide...
- TDS Challan correction for Income Tax Act, 2025 needs to be done using the old TRACES portal; Here’s how to do itTaxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was mistakenly filed unde...
- A weaker opposition, a stronger NDA: How new parliamentary arithmetic could make this monsoon session unlike any otherMonsoon Session 2026: Parliament's monsoon session faces internal opposition battles. Splits in Trinamool Congress and uncertainty in Shiv ...
- Supreme Court rejects plea challenging Income Tax break to STs in North EastThe Supreme Court has declined to hear a petition questioning the income tax exemption for Scheduled Tribes in certain north-eastern states...
- ITR filing due dates for AY 2026-27: July 31 is not the deadline for every taxpayer; check 5 other tax filing due datesThe Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...
- New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
- Income tax scrutiny: Who could receive a tax notice by June 30 and what to do if you've made a mistake
- SplitSena? At least 6 UBT Lok Sabha MPs planning to meet SpeakerShiv Sena UBT is on the brink of another split. At least six Lok Sabha MPs are preparing to form a separate group. Maharashtra Deputy CM Ek...
- ITR filing 2026: Avoid these 5 mistakes that may trigger extra tax and interest for salaried employees
- Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the detailsIndividuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...
- New valuation rules seek fairer outcomes in bankruptcy casesNew Delhi: The bankruptcy regulator has issued a circular for standardized valuation of companies under the Insolvency and Bankruptcy Code....
- Delimitation Bill to return with 50% seat increase clause, says NaiduAndhra Pradesh Chief Minister N Chandrababu Naidu confirmed the BJP-led NDA government will reintroduce the Delimitation Bill, ensuring a 5...
- NCPI's new avatar faces EC test; must inform, attest all changesTrinamool Congress rebels have reportedly merged with the Nationalist Citizen Party of India. This obscure party, registered in West Bengal...
- Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
- Smriti Irani's name missing from Amethi panchayat voter list; DM orders probeFormer Union minister Smriti Irani's name is missing from the Medan Mawai village panchayat voter list in Amethi. This comes despite her pr...
- Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
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