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TAXPAYER HARDSHIPS
Welcome to Trump’s America, where the visa dream is getting harder to keep alivePresident Trump's second term is tightening legal immigration pathways, including student visas and green card applications. New policies r...
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...
Income tax refund rules change from April 2026: Check these 2 important updates for Tax Year 2026-27Two significant changes to income tax refund rules are effective from April 1, 2026, impacting Tax Year 2026-27. The Finance Act 2026 clari...
Income Tax dept seeks details from NRIs, offshore firms on unlisted share deals, flags valuation and fund source concernsIndia’s tax department has asked NRIs and offshore entities to justify investments in unlisted shares, seeking details on fund sources and ...
Don’t file blind: Key documents you need for successful IRS tax reliefIRS tax relief needs proper documents to show your money situation clearly. You must share income, expenses, assets, and tax records to app...
Don’t get caught out: Key documents you need for IRS Tax relief claimsIRS tax relief needs proper documents like income proof, expenses, bank details and tax returns. These papers help the Internal Revenue Ser...
IRS tax refund 2026 crisis: Why millions of Americans owe the IRS despite bigger refunds and what to do before April 15Over 62 million refunds are already issued in the IRS tax refund season. The average payout is about $3,521. That is over 11% higher than l...
Confused by IRS ‘Fresh Start’? Urgent warning reveals what millions are getting wrongMany people misunderstand the IRS Fresh Start rules and think it wipes out tax debt. Experts warn this is not true. It is not a special pro...
Don’t be misled: The IRS fresh start program won’t wipe out all your debtThe IRS Fresh Start program helps taxpayers manage tax debt but does not erase everything. It makes it easier to apply for payment plans, s...
Sold Indian property for Rs 2 crore, TDS deducted but no ITR filed: Why Delhi HC denied tax relief to NRIA Canadian citizen of Indian origin lost his plea in the Delhi High Court to condone the delay in filing his income tax return. He failed t...
CBDT sets monetary limit to waive interestThe Central Board of Direct Taxes (CBDT) has introduced monetary limits for waiving or reducing interest on tax payments. This move aims to...
Government directs taxmen to dispose off applications related to TDS, TCS for FY20 by April 27“Due to outbreak of the Covid-19 pandemic, there is severe disruption in the normal working of almost all sectors… to mitigate the hardship...
Govt extends validity of lower withholding tax orders by 3 months till June due to COVID-19The Central Board of Direct Taxes (CBDT) in its order gave a major relief to taxpayers whose application for lower or nil deduction of TDS/...
CBDT extends till Jan 31 deadline for compounding of I-T offencesThe CBDT, while launching the scheme in September last year, had said that this "one-time measure" is being undertaken to mitigate unintend...
I-T department allows manual filing by resident, NRI taxpayers for nil or lower TDS certificateIncome Tax Rules (Rule 28, Rule 28AA, Rule 28AB, 37H, 37G) govern the mechanism for issuance of certificate for deduction of tax at lower/ ...
I-T Dept simplifies online rectification of TDS in ITREarlier, taxpayers were required to fill in complete details of the entire TDS schedule while applying for rectification on the e-filing po...
- I-T officials' tax assessment limits raised
In a significant organisational revamp, the Central Board of Direct Taxes has raised the monetary limit of tax assessments handled by incom...