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TAXPAYER FRIENDLY MEASURE
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...- GSTAT extended relaxed scrutiny guidelines for filing appeals till December 31, 2026; Know how this helps taxpayersThe Goods and Services Tax Appellate Tribunal (GSTAT) has extended its relaxed scrutiny guidelines for filing appeals until December 31, 20...
- GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
- US Senate approves $70 billion for Trump's immigration crackdownThe US Senate on Friday approved $70 billion in funding for Donald Trump's hardline immigration crackdown, handing the president a major vi...
- Sebi, CBDT ease PAN rules for foreign investors after onboarding concernsSebi and CBDT relaxed PAN compliance requirements for foreign portfolio investors after concerns over complex onboarding rules. The clarifi...
- 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...
- No arrest by income tax recovery officer if you have failed to pay pending tax demands; amended Finance Bill 2026The Ministry of Finance has removed the power of Tax Recovery Officers to arrest individuals for pending tax demands. This taxpayer-friendl...
- SEZ domestic sales relief to be time-bound: Revenue SecyNew Delhi: Special Economic Zone units will get a temporary window to sell goods domestically. This one-time measure aims to help them navi...
- Income Tax Department cracks down on taxpayers claiming refunds against donations to fake political parties, charitiesThe Income Tax Department is taking action against taxpayers who filed returns with fake deductions. Investigations revealed intermediaries...
- Want faster tax refund? Here's what taxman is advising you to doAccording to official data, as many as 7.09 crore returns have been filed for income earned in 2022-23 fiscal. Of these, 6.96 crore ITRs ha...
- Honest taxpayers deserve to be recognised for paying due share of taxes: Nirmala SitharamanIn her message to the I-T Department on the 161st anniversary of Income Tax Day, she complimented the department for continuing to work tow...
- Budget 2020 proposes to introduce a taxpayer’s charter to spell out what your rights areIn a recent report, the International Bureau of Fiscal Documentation had stated that the enactment of such a taxpayer charter was necessary...
- Finance ministry to reserve Wednesdays for redressal of tax related grievances“It has been decided to observe Wednesday as dedicated day for interaction with taxpayers… Head of the local tax office would interact with...
- Tax department goes for friendly image makeover"Our tax system has to be friendly with tax payers and that is what we are trying to do step by step," finance minister Arun Jaitley said.
- Finance ministry wants taxman not to harass taxpayersThe FM and tax authorities are also expected to prepare the strategy for mopping up revenues against the backdrop of a sluggish economic si...
- ITR filing: CBDT launches new tax calculator for taxpayersThe 'tax calculator' is a computer based programme hosted on the web-based platform of the I-T department and is meant for the aid of the t...
- E-returns: CBDT may soon do away with submission of ITRV formCBDT is mulling doing away with the mandatory submission of paper verification printout to its processing centre in Bangalore.
- No need to respond to tax notices for below Rs 100The Income Tax Department has asked assessees not to respond to notices of arrears of paltry amounts like Re 1, Rs 4 and Rs 6 as demands of...
- 'We'll debate on negative list for service tax'The government's tax revenue estimates for next fiscal do sound optimistic but the target will be achieved, says Union revenue secretary Su...
- Govt wants to stay with soft interest rate: FMFinance minister P Chidambaram said on Tuesday that the government wants to continue with a benign interest rate regime, but there were pre...
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