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TAX COMPLIANCE CAMPAIGN
ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
ET Most Innovative AI Product Awards 2026: Why tax has become one of the biggest trust tests for enterprise dataAs businesses generate larger volumes of financial and operational data, tax functions are becoming an unexpected proving ground for AI pro...
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
India attracted $843 billion in FDI between 2014-15 and 2025-26: OfficialIndia has seen a significant rise in Foreign Direct Investment, attracting USD 843 billion between 2014-15 and 2025-26. Key government init...
To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfallIndia's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...
How Trump has used the presidency to benefit himself and his alliesPresident Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...
401(k) to gold IRA rollover 2026: Why investors are shifting retirement savings into physical gold protection?Retirement investors are rapidly searching for 401(k) to gold IRA rollover strategies as economic uncertainty grows across the United State...
Understanding India's evolving crypto discourseIndia is actively shaping its digital asset future. Authorities are implementing stricter rules for crypto platforms and transactions. Tax ...
Bengaluru property tax: e-Khata open house on May 23, 2026 for grievance redressal under Bhoo Guarantee from 10AM till 5PM in these locationsBengaluru's Greater Authority is hosting an e-Khata open house on May 23, 2026, from 10 AM to 5 PM across various locations including White...
Bengaluru property: My e-Khata My Hakku camps to open from May 16 at these locations; Convert B-Khata to A-Khata hereBengaluru property owners can now convert their B-Khata to A-Khata through government-organized camps starting May 16th. Under the 'Bhoo Gu...
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...
Australia announces $1000 instant tax deduction for millions of taxpayers under proposed law; How it works and what will be the maximum and average savings?Millions of Australians will soon benefit from a $1,000 instant tax deduction. This new legislation simplifies claiming work-related expens...
Income Tax Department asks taxpayers to ignore erroneous advance tax payment nudge campaign emails highlighting 'significant transactions'Taxpayers are receiving emails from the Income Tax Department about 'significant transactions' and potential shortfalls in advance tax paym...
Tax dept focuses on undisclosed foreign assets in NUDGE 2.0The CBDT has launched the second phase of its NUDGE initiative, targeting taxpayers with unreported foreign assets. The campaign aims to en...
Income tax dept's drive leads to Rs 29,208 crore foreign assets disclosureA nationwide drive by India's income tax department has resulted in taxpayers disclosing foreign assets worth ₹29,208 crore. Launched in No...
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...
Income Tax dept asks many individuals to explain high value transactions of FY20-21 as Updated ITR deadline nearsThe deadline to file updated income tax return (ITR-U) is March 31, 2024 for FY 2020-21 . In light of this deadline, the tax department is ...
Check your inbox: Income Tax Dept alerting taxpayers on major transactions made during FY 2023-24The Income Tax Department receives information of specified financial transactions of taxpayers from various sources. To increase transpare...
Check your inbox: Income Tax Dept alerting taxpayers on major transactions made during FY 2023-24The Income Tax Department has initiated an e-campaign to notify taxpayers whose taxes paid during the current fiscal year do not match thei...
Tax department to begin e-campaign on voluntary compliance of income tax from next weekUnder the e-campaign the income tax department will send emails or text messages to identified taxpayers to verify their financial transact...