This comes amid a series of austerity appeals that PM Modi recently made to the general public, one of which was reducing foreign trips amid the war
Not the HCL you're thinking of: HCL Infosystems wins tax refund in a pre-GST issue dating to 2009
Accused allegedly ran sophisticated paper trail backed by nothing but a co-working space address and forged invoices
Despite being a macroeconomic star on paper, India has not been able to translate stellar GDP performance into capital stability
India once led global crypto adoption but it now lags in regulatory framework
After using AI to find food joints allegedly deleting cash invoices before filing taxes, Centre implements SAKSHAM NUDGE initiative.
Full capital gains rights and new dividend rules to come following protocol amending the 1992 India-France Double Taxation Avoidance Convention
The catalyst? AI tools, which were used to analyse a whopping 60 TB (60,000 GB) worth of billing data from a software used for more than 1 lakh restaurant transactions
The new GST regime might have rationalised rates but it systematically favours large agribusinesses, quietly discouraging small farmers
This end to Larry Page's decades-long relationship with the US state involves not just his family office, but also several other entities
The Green Fee was estimated to raise about $100 million a year in revenue to fund climate change mitigation efforts for Hawaii’s environment
Cigarette makers’ shares take a hit after proposed new tax structure set to hit volumes and earnings sharply
The hashtag, #Extend_Due_Date_Immediately, has again been trending on X for the past few days, amid the launch of the new feature
InterGlobe Aviation shares slump close to 2% in morning trade after central GST body slaps tax penalty on denied input tax credit, news of Kuwait-Hyderabad flight bomb threat
Nirmala Sitharaman pitches sweeping excise tax overhaul on tobacco and derivative products with Central Excise (Amendment) Bill, 2025
The CBDT has also advised taxpayers to file a revised ITR in case they had made possible errors in their filing
Before this CBDT rule change came to fruition, errors in ITR filings meant an absolute hassle: a lot of back and forth involved between the taxpayer and jurisdictional assessing officers until the issue was resolved
November brings with it several compliance deadlines, including those for TDS deposits, AY 2025-26 Income Tax Return (ITR) filing under Transfer Pricing regulations, and Form 27C submission
The I-T Department's extension also follows recent decisions by the high courts of Punjab, Haryana, Gujarat, and Himachal Pradesh to extend the audit report filing deadline from October 31 to November 30
Niti Aayog pushes for reform to boost voluntary compliance, ease of doing business, and reduce litigation in India regarding taxes
This comes days after the deadline to file income tax returns (ITR) expired on September 16, despite online backlash
Customs raided Mollywood actors Prithviraj and Dulquer Salmaan's homes, as part of an operation investigating a luxury car racket involving illegal imports from Bhutan and tax evasion
Prime Minister Modi launched a 'GST Bachat Utsav' and said that the combined impact of GST reforms and earlier income tax relief would save Indian families Rs 2.5 lakh crore annually.
Income tax refunds typically take 4-5 weeks to reach your bank account, but may take longer, either due to errors, or processing delays
Many netizens also argued that one extra day was insufficient to file income tax returns due to the website's issues
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