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TAX PRACTITIONERS
CBDT nudges 12,000 tax professionals to file pending audit reportsCBDT has launched the SAKSHAM NUDGE campaign aimed at tax professionals to encourage timely filing of tax audit reports. The campaign targe...- US midterm elections: Who is Abdul El-Sayed? The Egyptian-American Rhodes scholar and public health expert taking on Republicans in Michigan’s Senate raceAbdul El-Sayed took an unusual route to American politics. Trained in medicine and public health, he spent years studying why people get si...
- Income Tax Rules 2026 amended: CBDT revises Form 169, Form 171; extends these deadlinesThe Central Board of Direct Taxes has rolled out significant amendments to income tax regulations for 2026, particularly affecting electron...
- CBDT removes arrest-related provisions under Rule 225; valuers face tighter disclosure norms as registration deadline extendedIncome tax recovery no longer includes arrest or prison detention. Other recovery methods like property attachment remain available to auth...
- Taxman's JAARing move opens fresh debate over Mauritius treatyThe recent invocation of JAAR, a GAAR-type tool in the armoury of the taxman, in a certain case has stunned many. Even though technically t...
- BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
- $150 Canada Disability Benefit supplement coming in September: Check payment date, eligibility, payment method and other key detailsThe government of Canada has decided to provide an extra payment of $150 to those who are already receiving the Canada Disability Benefit (...
- Perplexity CEO announces rollout of hybrid compute feature for Mac applicationArtificial intelligence firm Perplexity introduced hybrid compute for all users of its Mac application, enabling tasks to be divided betwee...
- No more hush-hush: Tax portal opens door to misconduct complaintsThe Income Tax portal now allows taxpayers to report misconduct. A new tab enables complaints against officers for sexual harassment or bri...
- KPMG Australia was once considering 1,000 job cuts; firm now confirms nearly 400 layoffsIn a turbulent move, KPMG Australia is set to lay off around 400 employees, including high-ranking partners. This decision comes on the hee...
- No points system, no French job offer: What Indians need to know about France’s Profession Libérale visaFrance’s Profession Libérale visa allows eligible Indian freelancers, consultants and business owners to move to France without a French jo...
- Raghuram Rajan pitches AI tax idea for govt coffers amid ‘jobocalypse’ fearsRaghuram Rajan proposes taxing artificial intelligence usage by corporations. This tax aims to offset the financial advantage machines curr...
- Wife sought higher maintenance citing husband’s wealth; High Court rejects plea but orders Rs 46 lakh for daughters' educationHusband claims Rs 20 lakh debt and lost his earning capacity due to the hostile atmosphere and false complaints by wife; HC rejects wife’s ...
- Court approval not required for rape victim's termination of pregnancy up to 24 weeks: MP High CourtThe Madhya Pradesh High Court stated no court approval is needed for rape survivors to terminate pregnancies up to 24 weeks. This observati...
- Budget 2024: Tax practitioners' urge govt to rationalise personal income taxUnion Budget 2024: The All India Federation of Tax Practitioners (AIFTP) has called for a 10% exemption limit on personal income tax in the...
- Increased digital payment to better assess country's GDP: Nirmala Sitharaman“As we move towards digital transactions, we expect that the temptation for dealing with cash will be brought down, and if each of these tr...
- Thousands of taxpayers get notices for minor defaultsA slew of notices have been issued by the I-T department for even minor violations under punitive provisions.
- I-T asks tax practitioners to register entities separatelyThese, the tax department said, are the cases where the registration or enrolment of the business entity has been done by the same tax prac...
- High Court stays penalty on I-T returns filed till extended November 30 deadlineThe CBDT had issued the notification extending the due date to comply with the judgments of various HCs, such as Guj, Bombay , Hyderabad an...
- Non-salaried may get to file IT returns by November 30Over the past two days, the Bombay high court heard the writ petition filed by the Chamber of Income-Tax Consultants (CITC).
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