"We will again see the 'Forum Minister' S Jaishankar speak from his pulpit at some new forum in the world. The taxpayer is paying for his lavish trips and he has a big fat zero to show for his efforts. As of today, in a latest interview, Trump again claimed he use trade and tariffs to thr
These measures include integrating assessment and penalty proceedings into a single process, a move expected to significantly reduce the time and resources taxpayers expend.
While speaking at a post-Budget interactive session organised by the Confederation of Indian Industry (CII), the Secretary highlighted key reforms in direct taxation, and noted that the timeline for revising income tax returns has been extended by one quarter, giving taxpayers additional tim
Union Finance Minister Nirmala Sitharaman on Sunday announced a series of tax-related proposals in the Union Budget 2026 aimed at improving ease of living, simplifying compliance, and providing relief to common taxpayers.
The Government of India has completed the implementation of several key direct tax reforms announced in recent Union Budgets, aiming to enhance investment certainty and reduce the compliance burden for taxpayers. As the presentation of the Union Budget 2026-27 approaches, the Ministry of
A Select Committee stated that Pentagon-funded research led to collaborations with Chinese entities, some linked to defence organisations. In response, the Pentagon is tightening research security, conducting damage assessments, restricting funding to listed Chinese military companies, and i
PM Modi outlined key reforms, including GST reforms that boosted MSMEs and positively impacted sectors; 100% FDI approved insurance sector; Income Tax law updated after 60 years, benefiting crores of taxpayers and labour reforms that will benefit workers, industry. He linked reforms to In
According to the report, more than 1,400 research publications were produced through DOD-funded projects involving Chinese partners, representing over $2.5 billion in U.S. taxpayer funding.
The Government of India has launched a data-driven "NUDGE" campaign for the Assessment Year 2025-26 to encourage taxpayers to voluntarily review their deduction and exemption claims. This initiative uses risk analytics to identify claims that appear potentially ineligible. According to a rel
The Comptroller and Auditor General of India (CAG) presented a compliance audit report on Goods and Services Tax (GST) for the year ended March 2023, highlighting several issues with the Central Board of Indirect Taxes and Customs (CBIC)'s oversight. The report, divided into four chapters
The Central Board of Direct Taxes (CBDT) has stepped up its data-driven push to curb bogus tax deduction claims, warning taxpayers to correct wrong filings after uncovering widespread misuse of donation-based exemptions, according to a Ministry of Finance release issued on Saturday.
The Income Tax Department has issued a fresh public advisory cautioning taxpayers--especially senior citizens--against a growing number of fraudulent emails, SMS messages and websites impersonating the Department to steal personal and financial information.