If an employee anticipates that their claims cannot be substantiated, they should consider filing an Updated Return (ITR-U) ...

Many taxpayers are still awaiting ITR refunds for FY2024-25 due to high-value claim scrutiny, CBDT Nudge campaign, incorrect ...

An investment declaration is a provisional statement submitted by employees at the beginning of the financial year, outlining ...

Over 63 lakh income tax returns are still under processing in AY 2025–26, leaving many taxpayers waiting for refunds even ...

Most of the flagged cases in December involved returns where exemptions or deductions were claimed in the ITR but did not ...

Over 63 lakh income tax returns for Assessment Year 2025-26 remain unprocessed, delaying refunds for many taxpayers despite the December 31 deadline for belated filings. , Economy, Times Now ...

That unexpected message from the Income Tax Department can be unsettling, but it does not always mean trouble.

As India gets closer to the Union Budget 2026, tax policy has to make a significant shift away from revenue mobilization and ...

As Union Budget 2026 approaches, experts feel expectations are now shifting from headline tax cuts to meaningful reforms that would make the tax system easier to deal with. For many taxpayers, ...

India has already put over 4,500 suspected cases involving virtual digital assets (VDAs) under the scanner| Business News ...

Waiting endlessly for your tax refund can be stressful. If your FY 2024–25 income tax refund has not arrived yet in 2026, ...

As the Union Budget 2026 approaches, attention is shifting from rate cuts to deeper structural reforms in India’s income-tax system. After the 2025 overhaul that made income up to Rs 12 lakh ...