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TAX

CBDT’s Big Relief: No Penalties for Inoperative PAN TDS/TCS Shortfalls

CBDT Big Relief No Penalties for Inoperative PAN TDS/TCS Shortfalls

July 22, 2025

In a significant relief for taxpayers and businesses, the Central Board of Direct Taxes …

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From 1961 to 2026: India Gears Up for a Modern Tax Law with IT Bill 2025

Select Committee Recommends 285 Changes to IT Bill 2025

July 22, 2025

A significant overhaul of India’s tax system is underway with the proposed Income Tax …

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India’s Black Money Battle: High Demands, Low Recoveries

India’s Black Money Battle: High Demands, Low Recoveries

July 22, 2025

India’s fight against black money hidden abroad faces a significant hurdle: a massive gap …

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Good News for Taxpayers India’s Parliament Pushes for Leniency on TDS Refunds

Good News for Taxpayers India’s Parliament Pushes for Leniency on TDS Refunds

July 22, 2025

A parliamentary panel has recommended over 500 changes to India’s draft Income Tax Bill, …

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Income Tax Department has given relief on TDS, TCS defaults for inactive PAN in these cases

Income Tax Department has given relief on TDS, TCS defaults for inactive PAN in these cases

July 22, 2025

Inoperative PANs and Higher TDS/TCS: CBDT Offers Significant Relief New Delhi: The Income Tax …

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Scam Alert: Income Tax Department Warns Against Phishing Emails

Scam Alert: Income Tax Department Warns Against Phishing Emails

July 21, 2025

Urgent Warning: Fake Income Tax Refund Emails! Don’t fall for it! The Income Tax …

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Parliamentary Panel Pushes for Tax Bill Overhaul: Easier TDS Refunds, Fairer Trust Taxation

Parliamentary Panel Pushes for Tax Bill Overhaul: Easier TDS Refunds, Fairer Trust Taxation

July 21, 2025

A Parliamentary Panel has proposed significant amendments to the anticipated Income Tax Bill, 2025, …

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TDS Refund Simplified: No More ITR for Low-Income Earners!

TDS Refund Simplified: No More ITR for Low-Income Earners!

July 21, 2025

The government is set to simplify the process of claiming TDS (Tax Deducted at …

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India’s Income Tax Bill 2025: Select Committee Proposes Major Overhaul

India’s Income Tax Bill 2025: Select Committee Proposes Major Overhaul

July 21, 2025

The Lok Sabha Select Committee has submitted its report on the Income Tax Bill, …

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India Tax for Seniors: How Your Bank Interest & Equity Gains are Taxed (FY 2024-25)

India Tax for Seniors: How Your Bank Interest & Equity Gains are Taxed (FY 2024-25)

July 20, 2025

As a retired senior citizen in India, navigating your taxes, especially with income from …

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