The Income Tax Department sends these messages as part of its risk management process to ensure accuracy in tax filings.

Income Tax Refund Delay: Many taxpayers have been waiting for a while now as their income tax refund for FY 2024-25 (Assessment Year or AY 2025-26) has been delayed than usual, despite filing the ITR ...

While some refunds may get issued earlier, large refunds may get delayed due to various discrepancies in the ITR filing. There’s a high probability that many taxpayers have not received their income ...

Taxpayers face a critical deadline. After December 31, 2025, revised income tax returns cannot be filed if the original return remains unprocessed. This impacts correcting errors and claiming refunds.

Many income taxpayers are facing a problem that, despite filing their Income Tax Return (ITR) on time, the status is being reflected as ‘Processed,’ with the refund yet to be credited to the account.

The Central Board of Direct Taxes (CBDT) chairman on Monday shared an important update regarding the delays in income tax refunds for the financial year 2024-2025. He also informed that the tax ...

The Central Board of Direct Taxes (CBDT) is urging taxpayers with undisclosed foreign income to reveal their assets abroad. This effort is part of its ‘NUDGE’ campaign. Taxpayers must report foreign ...

ITR forms for income earned in the current fiscal will continue to be issued under the existing Income Tax Act, 1961. The Income Tax department has advised taxpayers to revise their Income Tax Returns ...

What if managing your small business finances didn’t have to feel like a never-ending juggling act? Picture this: instead of scrambling through receipts, manually crunching numbers, or relying on ...

Public service unions say they are concerned about rumours of a looming full-time return-to-office mandate for federal public servants, though the federal minister responsible says he is not aware of ...

President Donald Trump suggested Tuesday that Americans may "not even have income tax to pay" in the near future, saying tariff-driven revenue could allow for the historic elimination of the federal ...

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