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...
08 Jun, 2026, 01.39 PM IST
BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
06 Jun, 2026, 08.18 AM IST
Trump reconsidering $1.8 billion fund, AP source says, as Justice Department temporarily pauses itPresident Donald Trump is rethinking a massive fund for his allies. The Justice Department has paused its implementation following a court ...
02 Jun, 2026, 08.00 AM IST
Wild West! Indian students wary of smoking guns in US jobsIndian students in the US are now rigorously vetting employers before accepting job offers. This caution stems from heightened scrutiny of ...
31 May, 2026, 05.30 AM IST
Finmin pushes for wider local sourcing norm in incentive schemesThe move indicates a sharper alignment between government spending and industrial policy objectives, with the Centre striving to ensure tha...
27 May, 2026, 12.33 AM IST
Insurers resist as customer comfort weighs on exec payIndian insurers are opposing new rules for executive pay. The regulator wants to link compensation to customer service, not just profits. I...
20 May, 2026, 12.59 AM IST
IRDAI may tighten CEO KPIs on claims, expenses and customer serviceThe IRDAI is developing a more detailed framework for performance-linked key performance indicators (KPIs) for insurance company executives...
19 May, 2026, 12.05 PM IST
Microsoft eyeing startup deals for life after OpenAIMicrosoft is actively seeking AI startups for potential acquisitions. This move aims to bolster its AI talent and develop a cutting-edge AI...
14 May, 2026, 07.24 AM IST
China’s DeepSeek V4 shocks with power and price — but is it moving too fast to survive?The newly launched DeepSeek V4 is available in two variants: a high-end “Pro” model with 1.6 trillion parameters and a lighter “Flash” vers...
24 Apr, 2026, 05.21 PM IST
ITR filing 2026: Don’t miss these key income tax deadlines for FY 2025–26 (AY 2026-27)Navigating income tax deadlines for FY 2025-26 (AY 2026-27) is crucial to avoid penalties. The Income Tax Department has set specific due d...
24 Apr, 2026, 11.48 AM IST
ITR scrutiny notice: Income Tax Department looks at these parameters while selecting ITRs for scrutinyThe Income Tax Department provides guidelines for Income Tax Return (ITR) scrutiny. These guidelines ensure transparency in sending income ...
04 Jul, 2025, 11.48 AM IST
Mandatory scrutiny of ITR: Income tax dept reveals the criteria how the ITRs will be selected for the scrutinyIncome tax return: The tax department has released a circular which outlines the criterias and procedure to be followed if a particular inc...
23 May, 2024, 04.30 PM IST
If you don't reply to income tax dept's queries, ITR likely to be picked for full scrutiny: CBDTThe Central Board of Direct Taxes (CBDT) has issued guidelines of the income tax officials regarding parameters to be followed to pick up t...
25 May, 2023, 12.12 PM IST
Companies likely to face stiff queries from GST authoritiesCBIC chairman Vivek Johri has written to field formations asking them to ensure scrutiny is conducted in a time-bound manner. "Zonal chiefs...
12 Apr, 2022, 09.48 AM IST
CBDT lays out five parameters for compulsory selection of returns under faceless assessmentThe selection process has to be completed by the month end, field offices have been instructed in letter issued on Thursday. The Board has ...
18 Sep, 2020, 09.43 AM IST
New norms for manual scrutiny of service tax returns from AugustCentral Board of Excise and Customs will start detailed manual scrutiny of service tax returns of assessees based on risk parameters.
20 Jul, 2015, 03.35 PM IST
New norms for manual scrutiny of service tax returns from AugustAs per a CBEC circular, the detailed return scrutiny would be conducted in respect of such assessees whose total tax paid for 2014-15 is be...
17 Jul, 2015, 05.25 PM IST