To simplify tax law and make it more precise and technology-ready, the Government of India decided to overhaul the existing ...

India's new Income Tax Act and GST reforms in 2025 aim to simplify taxation and boost domestic demand starting April 1.

In 2025, India significantly reworked its tax system by sharply cutting GST rates and increasing the income tax exemption ...

The Income Tax Department said these messages are linked to transaction-related information that is already available with ...

Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...

India revamps tax regime in 2025 with new Income Tax Act, GST rate cuts, customs duty rationalization. Key changes and ...

The emphasis will no longer be on rate reductions but on simplification, procedural reform, and customs duty rationalisation.

The Income Tax Department is alerting taxpayers about foreign assets and income. Income earned from abroad requires reporting ...

The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check t.

Thousands of tax refunds were suddenly put on hold. The message gave no reasons, no timelines. What is really going on inside ...

If the taxpayer has failed to report foreign assets and income in the original ITR, there is an opportunity to rectify this ...

India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax ...