Income Tax

Income Tax Return 2026: Wipro Employee Gets Rs 51.2 Lakh Tax Penalty After Filing ITR Using Form 16; Here’s What Happened Next

Income Tax Return 2026: Wipro Employee Gets Rs 51.2 Lakh Tax Penalty After Filing ITR Using Form 16; Here’s What Happened Next

In a major ruling, ITAT Bengaluru has given relief to salaried taxpayers who rely heavily on Form 16 issued by…

May 20, 2026

How Much Gold Can You Keep At Home In India? Gold Storage Rules, Tax Limits, PAN Rules, SGB Taxation Explained

Keeping gold at home is completely legal in India — but how much is too much, and when can the…

May 14, 2026

Sending Money Abroad In 2026? Know New Income Tax Forms 145 And 146 For Foreign Remittances And Compliance – Explained

Income Tax Update 2026: Learn about new Forms 145 and 146, which replace 15CA and 15CB for foreign remittances. Understand…

May 2, 2026

ITR Filing FY 2025–26 Explained: Key Deadlines, Penalties, and What Taxpayers Must Know for AY 2026–27

ITR Filing 2026: Check income tax return deadlines, penalties, advance tax rules, TDS compliance, and key updates for AY 2026–27.…

April 28, 2026

Income Tax Act 2025: Single Tax Year, New Deduction Structure And Revised TDS Rules From April 2026, Will It Impact The Common Man? Know Key Changes Here

India will introduce a new Income Tax Act from April 1, 2026, replacing the 1961 law. The reform brings a…

March 15, 2026

Infosys Share Buyback 2025: ₹18,000 Crore Opportunity And Tax Implications Explained

Infosys Share Buyback: Infosys announces ₹18,000 crore share buyback at ₹1,800 per share, attracting investors. Participation depends on tax considerations…

November 24, 2025

Banking, Aadhaar, GST Updates: 7 Big Financial Changes Coming into Effect from November 1

Starting November 1, several major financial changes will take effect in India, impacting banking rules, Aadhaar-linked services, GST compliance, and…

November 1, 2025

CBDT further extends due date for filing Income Tax Returns to September 16

New Delhi [India], September 16 (ANI): The Central Board of Direct Taxes has decided to extend further the due date…

September 16, 2025

Why Pensioners Are Demanding 12-Year Restoration After New Tax Exemption – What You Need To Know

The current suggestion in the new income tax bill to offer tax reliefs on commuted pension payments has again heated…

August 20, 2025

Don’t Get Hooked: Income Tax Department Flags Dangerous New Tax Refund Phishing Scam

The Income Tax Department has issued a warning about a phishing scam involving fake refund emails. Taxpayers are urged not…

August 9, 2025