Statements by Income Tax
“ Analysis of AEOI for financial year 2024-25 [Calendar Year 2024] has identified high-risk cases where foreign assets appear to exist but have not been reported in the ITRs filed for AY 2025-26,
Income Tax,
Income Tax department identifies cases of non-disclosure of foreign…
“ The Income-tax Act, 2025, has received the Hon'ble President's assent on August 21, 2025. A landmark reform replacing the 1961 Act, it ushers in a simpler, transparent & compliance-friendly direct tax…
Income Tax,
Income Tax Act gets President Droupadi Murmu’s assent
“ Growing refunds reflect increased voluntary compliance and the deepening of advance tax payment mechanisms,
Income Tax,
India’s Tax System Sees 81 Per Cent Faster Refunds Since 2013, Says…