The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...
At present, India’s income tax system is entirely based on individual taxation, wherein each taxpayer is entitled to a separate basic exemption limit and ...
Returning Indians face significant tax challenges, often experiencing 'return shock' due to complex rules on residency, ...
Income Tax Refund: The Income Tax (I-T) Department can process returns and issue refunds up to December 31, 2026. This means the I-T Department is still well within the timeline for processing ITRs ...
From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...
India is set to introduce a new Income Tax Act in 2025, replacing the old law from 1961. This change aims to simplify tax ...
Returnees to India often face challenges with taxes due to changes in residential status and unfamiliarity with local tax ...
Overview: Income tax refunds often delay due to missed e-verification, data mismatches, or incorrect bank details.Checking ...
If the time of refund is greatly delayed, along with no update on the online status, contact the Centralised Processing ...
Ahead of the Union Budget 2026, discussions around major income tax reforms are gaining momentum. One of the most ...
Complaints over refunds stuck at the "processing" stage have been trending across social media platforms and grievance ...
As Budget 2026 approaches, targeted reforms can significantly reinforce India’s commitment for a stable and business-friendly ...