Notification
CBDT Notifies Amendment in Income-Tax Rules for IFSC Insurance Offices
The Central Board of Direct Taxes (CBDT) has issued Notification No. 135/2025 amending the Income-tax Rules, 1962, to provide specific clarifications for units operating...
Notification
Relief for Salaried Employees: Perquisite Income Tax Exemption Limit Raised to Rs. 4 Lakh
In a major relief for salaried employees, particularly those in the middle-income group, the government has substantially revised the long-stagnant exemption thresholds for perquisites...
Notification
Taxation Laws (Amendment) Bill, 2025 Receives Presidential Assent
India has officially entered a new era of direct taxation with President Droupadi Murmu giving her assent to the The Taxation Laws (Amendment) Bill,...
Notification
CBIC Extends GSTR-3B Due Date For Taxpayers Registered These Cities Till 27 Aug 2025
The Central Board of Indirect Taxes and Customs (CBIC) has extended the GSTR-3B (July ’25) due date for the taxpayers registered in Mumbai, Thane,...
Notification
Excel Utility for ITR-6 for AY 2025–26 Now Live on Income Tax Portal
The Income Tax Department has announced that the Excel Utility for ITR-6 for the Assessment Year (AY) 2025–26 is now live and available for...
Notification
From PAN-Aadhaar Link to E-Verification—ICAI’s New ITR Checklist Covers It All
The Institute of Chartered Accountants of India (ICAI) has unveiled its latest publication, Checklist for Preparation of ITR Forms (ITR-1 & ITR-4), aimed at...
Notification
Facility For Filing Updated Returns For AY 2021-22 And AY 2022-23 For ITR-3 & ITR-4 Is Now Available
In a significant update for taxpayers, the Income Tax Department has announced that the facility to file Updated Returns under Section 139(8A) of the...
Notification
SBI to Levy Charges on High-Value Online IMPS Transfers from August 15
The State Bank of India (SBI), the country’s largest lender, has announced a revision in its Immediate Payment Service (IMPS) charges, effective August 15,...