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The Income Tax Department has taken another step towards making tax filing simpler and more user-friendly. On April 2, it launched a new platform called 'Kar Saathi', an AI-assisted website designed to help taxpayers navigate income tax processes with ease. The new website brings together all income tax-related information in one place. According to the department, it is easier to navigate, faster to use, and built to reduce confusion for taxpayers who often struggle with forms, rules and proce ...Read More >
Mumbai: The Income Tax Department has introduced a new website called 'Kar Saathi' to make filing income tax returns (ITR) simpler and faster. It is designed as an AI-powered assistant that helps taxpayers understand and complete their tax-related work easily. According to the department, the platform brings all income tax information together in one place. It is built to be easy to use, quick to navigate, and helpful for both new and existing taxpayers. AI Support For Taxpayers 'Kar Saathi' ...Read More >
New Delhi, April 2 (SocialNews.XYZ) The Income Tax Department on Thursday launched a new website called 'Kar Saathi', aimed at making tax-related processes simpler and more user-friendly. The department said the platform brings all direct tax information under one roof and is designed to be easier to navigate and faster to use. Announcing the launch on X, Income Tax India shared that the new website will help taxpayers access all information in one place while introducing 'Kar Saathi', an AI-p ...Read More >
The Central Board of Direct Taxes has clarified that the General Anti Avoidance Rules (GAAR) will not apply to income from investments made before April 1, 2017, addressing concerns about retrospective applicability. This amendment ensures longstanding clarity for investors while retaining GAAR's application to post-2017 arrangements. The Central Board of Direct Taxes (CBDT) has introduced a significant clarification regarding the applicability of the General Anti Avoidance Rules (GAAR), sparki ...Read More >
New Delhi, Apr 1 (PTI) The Income Tax Act, 2025, which came into force from Wednesday, marks a new chapter in India's tax administration and is an important step towards Viksit Bharat, the Central Board of Direct Taxes (CBDT) said. The new Act replaced the six-decade old Income Tax Act, 1961, and reduced the volume of the legislation significantly. "It marks a shift towards greater clarity and ease of compliance through simple language, a streamlined structure and a reader-friendly presentatio ...Read More >
New Delhi: The new Income-tax Act and budgetary provisions, including higher STT on speculative F&O trades, lower TCS on overseas tour packages and liberalised remittance scheme for medical and education purposes, will get into force from April 1. A 20-year tax holiday for any foreign company that procures data centre services in India and new safe harbour provisions with a higher threshold for software firms will also be effective from Wednesday with the start of the 2026-27 fiscal. The Incom ...Read More >
New Delhi, March 31 (SocialNews.XYZ) The Central Board of Direct Taxes (CBDT) has entered into a record 219 Advance Pricing Agreements (APAs) in FY 2025-26 with Indian taxpayers, taking the total number past the 1,000 mark to an aggregate of 1,034 APAs since the inception of the programme, according to an official statement issued on Tuesday. The figure comprises 750 unilateral APAs (UAPAs) and 284 bilateral APAs (BAPAs). The BAPAs were signed pursuant to entering into mutual agreements with 1 ...Read More >
The Bill aims to augment resources for meeting expenditure on national security and public health. Union Finance Minister Nirmala Sitharaman on Thursday moved The Health Security se National Security Cess Bill, 2025 in Lok Sabha for consideration and passing in the Lok Sabha. Speaking in the Lok Sabha, "I rise to move that the bill to augment the resources for meeting expenditure on national security and for public health and to levy assess for the said purposes on the machines installed or ot ...Read More >
Besides, The Central Excise (Amendment) Bill, 2025, and 'The Health Security se National Security Cess Bill, 2025' are listed for introduction by Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday. The government has listed nine economic bills, including a bill to amend Insurance Laws and two others to levy tax and cess on sin goods like tobacco and pan masala, for the Winter Session of Parliament beginning Monday. Also, the first batch of Supplementary Demands for Grants for 2025- ...Read More >
New Delhi, Nov 17: Central Board of Direct Taxes (CBDT) Chairman Ravi Agrawal on Monday expressed hope to meet the income tax collection target of Rs 25.20 lakh crore by the end of the current financial year (FY26). Speaking on the sidelines of the India International Trade Fair (IITF) here, Agarwal stated direct tax mop-up is growing at 6.99 per cent as compared to last year, which is an encouraging trend. "And we're hoping that we can reach the goals by the end of the year. The response from ...Read More >
Patna: The Election Commission on Friday directed all enforcement agencies and security forces to take proactive and preventive measures to ensure that drugs, liquor and cash are not used to influence voters during the Bihar assembly elections.The directive followed a high-level meeting of the Multi-Departmental Committee on Election Intelligence (MDCEI) held at Nirvachan Sadan in New Delhi. The commission asked enforcement agencies to identify and map constituencies vulnerable to the transporta ...Read More >
New Delhi, Oct 19 (PTI) The Election Commission has reactivated its economic intelligence panel after a gap of six years to curb the use of money, liquor and drugs to influence voters ahead of the Bihar polls. The Multi-Departmental Committee on Election Intelligence (MDCEI) met here on Friday for the first time since 2019 to fine-tune the strategy of enforcement agencies and central police forces to prevent the use of money power and freebies to sway voters in poll-bound Bihar. The committee ...Read More >
New Delhi [India], October 19 (ANI): The Central Board of Indirect Taxes and Customs has extended the GSTR-3B filing deadline to October 25, 2025, for both monthly filers (September 2025) and quarterly filers. This extension by CBIC was announced via Notification No. 17/2025 - Central Tax, dated 18.10.2025. Also Read | Rachel Zegler To Star in Biopic of Cuban-American Singer-Songwriter and Actress Gloria Estefan. GSTR-3B is a monthly self-declared summary return that taxpayers must file under ...Read More >
New Delhi [India], October 18 (ANI): A two-day conference on 'fugitives-challenges-and-strategies">Extradition of Fugitives-Challenges and Strategies' was organised by CBI on October 16 and 17, 2025, at Bharat Mandapam. The conference was inaugurated by Union Home and Cooperation Minister Amit Shah on October 16, 2025, said CBI sources. Union Home Minister emphasised the need for concerted effort of all the agencies to bring the wanted fugitives from abroad to face justice in India. He specific ...Read More >
Mumbai: The Economic Offences Wing of Mumbai police has recorded the statement of Shilpa Shetty's husband Raj Kundra in a Rs. 60 crore alleged fraud case. Mumbai Police shared an update in the case and stated: "Investigations are going on against actress Shilpa Shetty and her husband Raj Kundra in an alleged fraud case of Rs. 60 crore. A summon was issued by the Economic Offences Wing of Mumbai Police to Raj Kundra. He was asked to appear before police for the investigation." They further stat ...Read More >
New Delhi: The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day.A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X."To facilitate further filings of ITRs, the due date has been extended by one day (16th September 2025)," the CBDT said. The e-filing portal ...Read More >
Guwahati: The Income Tax Department extended the deadline for filing Income Tax Returns (ITRs) for Assessment Year 2025-26 by one day, shifting it from September 15 to September 16, officials confirmed on Monday. This marks the second extension; the original deadline was set for July 31, 2025. In its official statement, the department explained that the Central Board of Direct Taxes (CBDT) had earlier moved the deadline to September 15, but decided to provide one more day to accommodate taxpay ...Read More >
New Delhi: In a major development that promises to give some relief to taxpayers. The deadline for filing ITR has been extended, again. Now, the final date for filing ITR has been moved to 16 September 2025. This information has been given by the Finance Ministry. This is the second time that the ITR filing deadline has been extended. It is important to note that several chartered accountants and taxpayers had been continuously complaining about server issues, timeouts, glitches, and several ot ...Read More >
New Delhi, September 16: The Central Board of Direct Taxes has decided to further extend the due date for filing the Income Tax Returns (ITRs) for Assessment Year (AY) 2025-26 from September 15 (Monday) to September 16 (Tuesday), a notification read. Taking to X late on Monday night, Income Tax India, which is the official account of the Income Tax Department, wrote: "KIND ATTENTION TAXPAYERS! The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, ...Read More >
New Delhi: The income tax department has extended the deadline for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X. "To facilitate further filings of ITRs, the due date has been extended by one day (16th September 2025)," the CBDT said. The e-filin ...Read More >
New Delhi, September 15, 2025 - In a late evening relief for taxpayers, the Central Board of Direct Taxes (CBDT) has once again extended the due date for filing Income Tax Returns (ITRs) for Assessment Year (AY) 2025-26. The ITR filing deadline, which was originally set for 31st July 2025 and later extended to 15th September 2025, has now been further extended by one more day. Taxpayers can now file their returns till 16th September 2025. In its official statement, the CBDT said the extension ...Read More >
New Delhi [India], September 16 (ANI): The Central Board of Direct Taxes has decided to extend further the due date for filing Income Tax Returns (ITRs) for Assessment Year 2025-26 from 15th September, 2025, to 16th September, 2025, an official release announced. The due date for filing of Income Tax Returns (ITRS) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. Also Read | Manipur School Holiday on September 16: All Educational Institutions to Remain Clo ...Read More >
New Delhi, Sep 15: The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X. The e-filing portal faced huge traffic on Monday, which was the last date for filing ITRs for AY 2025-26. Also, Monday was the l ...Read More >
New Delhi [India], September 16 (ANI): The Central Board of Direct Taxes has decided to extend further the due date for filing Income Tax Returns (ITRs) for Assessment Year 2025-26 from 15th September, 2025, to 16th September, 2025, an official release announced. The due date for filing of Income Tax Returns (ITRS) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. Earlier on Sunday, the Income Tax Department had said that the due date for filing ITRs had no ...Read More >
New Delhi, Sep 15 (PTI) The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X. "To facilitate further filings of ITRs, the due date has been extended by one day (16th September 2025)," the CBDT said. Th ...Read More >
New Delhi, Sep 16 (SocialNews.XYZ) The Central Board of Direct Taxes has decided to further extend the due date for filing the Income Tax Returns (ITRs) for Assessment Year (AY) 2025-26 from September 15 (Monday) to September 16 (Tuesday), a notification read. Taking to X late on Monday night, Income Tax India, which is the official account of the Income Tax Department, wrote: "KIND ATTENTION TAXPAYERS! The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st ...Read More >
Mumbai, Sep 15 (SocialNews.XYZ) As the extended deadline for income tax return (ITR) filing ends on Monday, filers are hurrying to comply, with more than 1 crore returns anticipated on the final day. As of now, 6.29 crore returns have been filed for the assessment year (AY) 2025-26. Last year, ITR filings grew 7.5 per cent year-on-year, and assuming a similar pace, the number could touch 7.8 crore this year. The growth trend has been steady -- 6.77 crore returns were filed in AY 2023-24, 5.82 ...Read More >
New Delhi: With only two days remaining to file Income Tax Returns (ITRs) for FY 2024-25, taxpayers are facing technical issues across key e-filing platforms, adding to the usual end-of-season stress. The Annual Information Statement (AIS), Form 26AS, and Taxpayer Information Summary (TIS) portals have been intermittently down due to high traffic, leaving users frustrated and venting on social media. This year, filings have been slower than last year. By September 11, only 5.47 crore returns ha ...Read More >
Mumbai, September 2: The last date to file Income Tax Return (ITR) is fast approaching, and taxpayers are urged to complete their filings for FY 2024-25 (AY 2025-26) by September 15, 2025. The deadline was extended from July 31 due to structural changes in ITR forms and technical updates on the Income Tax Portal. Missing the deadline may result in penalties and interest, making timely filing crucial for individuals and businesses alike. Taxpayers should prepare all necessary documents in advance ...Read More >
The Income Tax department is working on simplified I-T forms and aims to notify new rules by December-end to give effect to the new I-T Act, which will come into force from April 1 next year, a senior tax official said on Monday. Talking to PTI, Central Board of Direct Taxes (CBDT) member (Legislation) RN Parbat also said the department will come out with a fresh set of FAQs on the new Income Tax Act and come out with SoPs and guidance notes. President Droupadi Murmu, on August 21, gave her as ...Read More >
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