Author

Monika Yadav

16

Articles

Articles

Govt opens one-time foreign assets' disclosure window starting Aug 16

Govt opens one-time foreign assets' disclosure window starting Aug 16

Eligible taxpayers can disclose specified foreign income and assets under the one-time scheme till December 31, with a 60 per cent outgo in one category and a ₹1 lakh fee in another

Read Article
Over 55 million income tax returns filed by Friday noon: IT department

Over 55 million income tax returns filed by Friday noon: IT department

The department has been urging taxpayers, particularly those eligible to file simpler forms such as ITR-1 (Sahaj) and ITR-2, to complete the process early

Read Article
Industry concerns prompt GSTN to defer proposed e-way bill enhancements

Industry concerns prompt GSTN to defer proposed e-way bill enhancements

The proposed August 1 rollout has been put on hold after businesses sought more time to modify ERP systems, update databases and test compliance processes

Read Article
Govt extends CBDT Chairman Ravi Agrawal's tenure by 6 months till Dec 2026

Govt extends CBDT Chairman Ravi Agrawal's tenure by 6 months till Dec 2026

The Appointments Committee of the Cabinet approves Ravi Agrawal's reappointment as CBDT chairman on a contract basis from July 1 to December 31, 2026

Read Article
Govt extends deadline for filing GSTAT appeals by one month till July 31

Govt extends deadline for filing GSTAT appeals by one month till July 31

Extension follows representations over technical issues on the GSTAT portal and a sharp increase in appeal filings as the new appellate mechanism becomes operational

Read Article
FDI inflows likely to cross $90-bln mark in FY 26: DPIIT Secy

FDI inflows likely to cross $90-bln mark in FY 26: DPIIT Secy

India's FDI inflows are set to cross $90 billion in FY26, driven by reforms, FTAs, and rising global investor confidence across key sectors

Read Article
GST rate cuts bring relief in durables, not essentials: NIPFP study

GST rate cuts bring relief in durables, not essentials: NIPFP study

Study finds weak tax pass-through in food and household goods, while consumer durables such as cars and air conditioners show clearer price declines

Read Article
Budget 2026: I-T dept eyes disposal of over 200K CIT(A) appeals this year

Budget 2026: I-T dept eyes disposal of over 200K CIT(A) appeals this year

Building on last year's clearance of 172K cases, I-T department is pushing for faster appeal disposals, penalty reforms and system-driven processes to curb litigation and boost tax certainty

Read Article
CBDT urges taxpayers to correct ineligible tax deductions by December 31

CBDT urges taxpayers to correct ineligible tax deductions by December 31

CBDT is reaching out via SMS and email under its NUDGE campaign, urging identified taxpayers to review potentially ineligible deductions for AY 2025-26 and revise returns by December 31, 2025

Read Article
GST 2.0 pushes e-way bills to third-highest ever at 129.8 mn in November

GST 2.0 pushes e-way bills to third-highest ever at 129.8 mn in November

E-way bill generation climbed to 129.8 million in November, the third-highest monthly total so far, rising 28 per cent year-on-year as trade activity strengthened and controls to curb misuse tightened

Read Article