Income Tax Department

India’s Net Direct Tax Collections Go Down Because of a Lot of Refunds

India’s Net Direct Tax Collections Go Down Because of a Lot of Refunds

Even while total direct tax collections are steadily rising, net collections fell by 3.95% in FY 2025-26 because refunds rose…

4 months ago

ITR Deadlines: Do You Know Yours?

July 21, 2025: Taxpayers all over India are busy getting their returns ready right now because it's the time of…

5 months ago

Why Are Income Tax Refunds Delayed This Year? Experts Explain the ITR Filing Slowdown

July 13, 2025: More than 1.16 crore income tax returns (ITR) have been filed so far for the assessment year…

5 months ago

Filing Income Tax Return? What You Need to Know to Avoid ₹1.5 Lakh Fine

July 3, 2025: Income Tax Return - As the income tax filing deadline nears, financial experts are urging taxpayers to…

5 months ago

Centre Denies Claims of Digi Yatra Data Being Used for Tax Investigations

The Ministry of Civil Aviation and Income Tax Department clarify that Digi Yatra data is not shared for tracking tax…

11 months ago