Income Tax department alerts taxpayers to revise ITRs for undisclosed foreign assets by December 31, 2025, to avoid penalties ...

The Income Tax department is targeting 25,000 high-risk individuals through SMS/emails for non-disclosure of foreign assets ...

In recent months, many taxpayers have been receiving emails from the Demand Management Facilitation Centre (DFC) of the Income Tax Department—yet a large number of people are still unclear about what ...

CHENNAI: The Central Board of Direct Taxes (CBDT) on Thursday launched the second phase of its NUDGE initiative to promote ...

The Income Tax Act, 2025, slated for implementation on April 1, aims to simplify tax compliance by overhauling return forms ...

The Department of Finance (DOF) announced Monday the suspension of all field audits and related operations by the Bureau of ...

India's Income Tax Act 2025, effective April 1, 2026, simplifies tax compliance, expands the tax base, and modernizes laws by ...

As 2025 concludes, December presents critical compliance deadlines that could result in penalties and service disruptions.

The Michigan Economic Development Corp.'s new data center tax break oversight could be tested with the Oracle and OpenAI's ...

The NUDGE campaign is being launched from Friday after the Central Board of Direct Taxes (CBDT) identified high-risk cases in its analysis ...

India's crypto ecosystem has grown at a rapid pace-and so have the country's laws concerning taxation. Crypto taxation rules now feature as an essential part of any trader's financial planning ...