India, July 21 -- The Income Tax Department is running short of 26,997 officers and support staff as of January 1, 2026, ...
The Finance Ministry has told Parliament that the Income Tax Department has strengthened the e-filing portal to handle peak traffic during the return filing season, with infrastructure capable of ...
Taxpayers should maintain documentation that clearly establishes both the source of the income and the legal basis for claiming exemption.
Sikkim is the only state in the country where residents who are eligible are exempt from paying income tax. The special ...
Taxpayers can now view the foreign financial account information received by the Indian tax authorities directly from ...
One important thing to understand is this: In the current compliance environment, tax notices are increasingly driven by data ...
Income Tax Department opposes same-sex couple's tax exemption plea, asserting only legally recognized marriages qualify for ...
If one incorrectly assumes that filing is not required, then one would be liable to face interest for delay in filing ITR and interest on the unpaid taxes due as well.
Beware of fake Income Tax emails sent from QQ Mail or Gmail IDs. Learn how to identify phishing scams, verify genuine notices ...
Foreign investors who have merely purchased shares in Indian companies without earning any dividend, interest or capital ...
Cummins India said the Income Tax Department has filed appeals before the Bombay High Court against an Income Tax Appellate ...
Not all income is taxable in India. Certain earnings remain outside the tax net under the Income Tax Act, helping taxpayers save more legally. Here's a look at 10 income sources that can qualify for ...