Why Income Tax Act 2025 still criminalises small mistakes and why India needs a more trust-based approach

Amend Section 486 to read: “Irrespective of anything contained in this Chapter, no person shall be prosecuted for any offence ...

Income tax update: Will I-T Department release new ITR forms by January 2026? Finance Ministry says this

The Finance Ministry said that new Income Tax Return forms will be released before the financial year 2027-28. This follows a ...
Opinion

Replacing individual Income Tax with individual Receipts Tax

One of the great advantages touted for levying income tax is that it is a ‘progressive’ tax – the rate of income tax increasing as income levels increase.  However, peculiar conditions of income tax ...

ITR Refund Delays: What’s holding up your income tax refund this year, when to expect and how to check status

Usually, it takes 4 to 5 weeks for the refund to be credited to the taxpayer's account. However, if the refund is not ...

ITR Refund Delay: Why Processing Is Slower This Year And What You Can Do Now

Income tax refunds for FY 2024–25 are delayed due to late ITR form releases, stricter data checks, and heavy CPC load, say ...
The Navhind Times

GCCI flags gaps in new ITR form for Goans filing under civil code exemption

Panaji: The GCCI, in its pre-Budget memorandum to the finance ministry, has called for additional fields in the new Income ...
Pragativadi

PAN–Aadhaar Linking Deadline Nears: Mandatory by 31 December 2025, Steps to Link and Check Status

Learn how to link your PAN with Aadhaar before the December 31, 2025 deadline. Step-by-step guide, status check, ...
Newspoint on MSN

Income tax refund delay: Why your ITR refund hasn't arrived yet — experts explain the real reasons

Haven’t Received Your Refund Yet? Here’s Why the Delay Is Happening This Year If your income tax refund hasn’t been credited ...
Newspoint on MSN

Two important tasks you must finish before 2026 begins

December marks the end of the year and with it comes a few critical financial deadlines. If these tasks are not completed by ...
CNBC

Do you qualify for the new $6,000 senior tax deduction?

The standard deduction has been super-sized for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim an additional $6,000 without itemizing, thanks to tax ...

PAN–Aadhaar Linking: Clock is ticking, here’s how to link your PAN with Aadhar

The Indian Government has announced linking Aadhaar with PAN will be mandatory by December 31, 2025. From January 1, 2026, ...
Tax Guru

Dhanlaxmi Bank Requests Proposal for conducting Concurrent Audit

This title highlights the bank’s invitation for external auditors to conduct detailed concurrent audits covering multiple operational and risk-sensitive areas. The RFP outlines eligibility ...