Abhijeet Sen | Feb 23, 2026, 4:04 PM IST
The Income Tax Draft Rules 2026 has proposed hikes in transport allowance, children's education allowance, hostel allowance, disability transport allowance and underground allowance.
Abhijeet Sen | Feb 22, 2026, 6:24 PM IST
Mumbai-Pune Expressway update: Commuters struck on the 33 hour traffic jam will reportedly get a refund of the toll tax.
Kumar Utkarsh | Feb 20, 2026, 1:56 PM IST
The Income Tax Draft Rules 2026 propose higher PAN thresholds, revised cash deposit and withdrawal limits and simplified compliance norms, aiming to ease taxpayer burden while enhancing financial transparency.
Victor Dasgupta | Feb 19, 2026, 10:34 PM IST
The report further added that this software is used by more than 100,000 restaurants across the country. It is estimated that these restaurants have concealed at least Rs 70,000 crore in sales since 2019 20.
Victor Dasgupta | Feb 11, 2026, 7:38 AM IST
The government has given taxpayers, professionals, and industry stakeholders time until February 22, 2026, to submit their feedback on the draft rules.
Kumar Utkarsh | Feb 10, 2026, 10:16 AM IST
Budget 2026 brings major relief to taxpayers by allowing revised and updated ITR filing, reduced penalties, and immunity from prosecution, easing stress for those facing income tax notices.
Victor Dasgupta | Feb 10, 2026, 7:15 AM IST
From the upcoming financial year, the Income Tax Department will obtain complete information from crypto exchanges about people purchasing crypto
Tahir Qureshi | Feb 8, 2026, 4:18 PM IST
The currently applicable 'Income Tax Rules, 1962' had a total of 511 rules and 399 forms.
Kumar Utkarsh | Feb 4, 2026, 5:50 PM IST
Budget 2026 introduces major income tax rule changes, including extended ITR revision deadlines, reduced penalties, wider immunity from prosecution, and simplified compliance norms for individuals and businesses.
Tahir Qureshi | Feb 2, 2026, 7:37 PM IST
According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.
Victor Dasgupta | Feb 2, 2026, 9:27 AM IST
Finance Minister Nirmala Sitharaman's ninth consecutive Union Budget is set to break with long-standing convention, with Part B of her Budget speech emerging as the main platform for outlining India's economic vision and reform agenda, according to the reports.
Abhijeet Sen | Feb 1, 2026, 12:28 PM IST
Finance Minister Nirmala Sitharaman has announced Tax holiday till 2047 to any foreign company that provides cloud services by setting up data centres in India.
