Tag: income tax

India’s net direct tax collections — comprising corporate tax and income tax minus refunds — have risen over 6% year-on-year during the April–October 2025...

ACC Penalized ₹23 Crore in Two Cases The Income Tax Department has imposed a penalty of ₹23.07 crore on ACC Ltd., the cement company owned...

ITR Filing Date Extended: CBDT Gives Taxpayers One More Day to File Returns The Central Board of Direct Taxes (CBDT) has given a big relief...

Income Tax Department Rejects Fake News on ITR Extension The Income Tax Department has clarified that the last date to file Income Tax Returns (ITR)...

INVC NEWS New Delhi — : The Crypto traders may land in serious trouble. The Income Tax Department has started sending notices to people who...

Chhattisgarh Introduces Major Income Tax Changes: TDS on Partner Payments and Removal of TCS for High-Turnover Firms In a significant move by the Income Tax...

The highly anticipated Union Budget for the financial year 2025-2026 is set to be presented on February 1, 2025, and it brings hope for...

The Supreme Court of India has dismissed an appeal filed by the Income Tax Department, thereby upholding the decision of the Bombay High Court...

New Income Tax Law: What to Expect from the 2025 Budget Proposal The Government of India is set to introduce a new income tax law,...

Significant Growth in Direct Tax Collection in the Current Fiscal Year The current fiscal year has witnessed a remarkable surge in direct tax collection in...