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“CBDT Unveils Simplified ITR-1 and ITR-4 Forms for AY 2025-26: Key Changes Explained”...

The Central Board of Direct Taxes (CBDT) has released updated ITR-1 (Sahaj) and ITR-4 (Sugam) forms for Assessment Year 2025-26, introducing significant changes to simplify tax filing for individuals and

India’s Tax System Sets Global Benchmark: Om Birla Praises IRS Contributions...

Lok Sabha Speaker Om Birla highlights India’s economic growth and transparent tax system during his address at the Appreciation Course for IRS in Delhi.

Karnataka GST Authority Withdraws Rs 32,400 Crore Tax Notice Against Infosys...

Karnataka GST Authority Withdraws Rs 32,400 Crore Tax Notice Against Infosys, this development has pushed the Karnataka GST authority onto the back foot, leading to the reversal of its decision.

CBDT: Government collects Rs 700 crore as TDS from online gaming and crypto business...

Around Rs 600 crore has been collected as tax (Tax Deducted at Source, TDS) during the current financial year after the implementation of the new online gaming regime.

CBDT: 6.98 crore returns filed so far, processing of 88 percent completed; CBDT gave information...

More than 6.98 crore income tax returns have been filed for income earned in the financial year 2022-23.

GST: Approval of 28 percent tax on online gaming in 50th meeting of GST Council, exemption on import of FSMP...

The Goods and Services Tax (GST) Council has agreed to levy 28 percent tax on online gaming.

Income Tax Department has launched a new app for taxpayers, TDS and TCS information will be available on mobile only...

The Income Tax Department has given a new relief to the taxpayers by launching the AIS app.

Pakistan: IMF advised to tax the rich, the government increased tax on the poor to raise revenue...

Georgieva suggested that the Pakistani government needs to tax those in the public and private sector who earn more and subsidize the poor.

Undisclosed transactions worth more than 100 crores detected in Income Tax raids, raids conducted at more than 30 places...

Cash and jewelery worth more than five crore rupees were recovered in the raid.

Direct Tax: Net direct tax collection up by 45 per cent till mid-June to over Rs 3.39 lakh crore...

Net Direct Tax collection has increased by 45 percent to more than Rs 3.39 lakh crore.

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विषय: direct tax