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News about Income Tax

Income tax in India

Latest news and events in the press about Income tax in India

Tax on income in India


5 minutes35 yrs of liberalisation: Tax system makes progress, but reforms unfinished
5 hoursDelhi HC quashes seven ITAT orders in Patanjali case, flags ‘undue haste’
9 hoursCredit-card cashback, referral bonus, online wins: What’s taxable in India?
9 hours200% income tax penalty on NRI cut to 50% in ITAT
11 hoursWhat happens if you miss advance tax deadline

Income Tax - Latest events

ITR filing for assessment year 2027 touches record 7.8 cr

14 daysIncome Tax Department

Raghav Chadha pitches for joint tax filing for married couples to improve tax equity

6 monthsRaghav Chadha

Actor Vijay’s tax penalty case: Madras High Court dismisses his plea

7 monthsMadras High Court

Who Is Exempt From PAN-Aadhaar Linking? What NRIs, Seniors, Minors And Joint Holders Must Know

9 monthsPermanent account number

Statements

“ 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, 10 months
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, a year
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
Income Tax, a year
India’s Tax System Sees 81 Per Cent Faster Refunds Since 2013, Says…

Latest events

International Day of Democracy observed

20 minutesEngineer's Day

Supreme Court seeks Education Ministry reply on plea to regulate schools teaching under-14s

34 minutesMinistry of Education

Delhi-bound flight diverted to Lucknow Airport after smoke warning

35 minutesLucknow

Indian team left stranded for hours without hotel rooms

2 hoursINDIA
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