Discover sweeping changes to credit card usage under Income Tax Draft Rules 2026. Learn about higher transaction scrutiny, ...

The Income Tax department is inviting stakeholders to provide input on the draft rules and forms of the new Income Tax Act, ...

The new law replaces “Previous Year” and “Assessment Year” with one unified “Tax Year.” This simplifies return filing and reduces confusion for ...

In December, the Income-tax Department sent SMS and email alerts flagging mismatches in reported income and non-disclosure of ...

The drafts have been opened for public comments for 15 days, until February 22, 2026. The tax department has invited ...

The currently applicable 'Income Tax Rules, 1962' had a total of 511 rules and 399 forms.

As per the notice, which is in possession of PTI, the amount is to be paid within 30 days of service to an authorised bank.

The Income Tax Department has cautioned taxpayers against a surge in refund-related fraud attempts, warning that scammers are ...

The issue was how cryptocurrency income is classified for tax purposes. The framework holds that transfers fall under a dedicated VDA regime with a flat rate and strict loss ...

A routine investigation in Hyderabad uncovered a nationwide restaurant billing scam, where AI analysis of 60 TB data revealed ₹70,000 crore in suppressed sales since 2019-20 ...

.The Income Tax Department has revealed that these fraudulent messages often contain minor spelling errors and fake links designed to appear genuine. The I-T Department has asked citizens to verify ...