Income-tax filers rise to 8.67 crore as compliance checks expand
The number of income-tax return filers rose from 6.96 crore in 2021-22 to 8.67 crore in 2025-26, according to data cited by Minister of State for Finance Pankaj Chaudhary in the Lok…
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Chit firm penalised for collecting GST without mentioning GSTIN
The Thrissur Consumer Disputes Redressal Commission has held Bhagyaratna Kuries (India) Pvt Ltd liable for deficiency in service and unfair trade practice for collecting Rs 7,800 as GST from a subscriber without…
CBDT adds foreign asset disclosure to AIS for ITR filers
The Central Board of Direct Taxes has enabled taxpayers to view foreign asset information in the Annual Information Statement on the income-tax e-Filing portal. The data, received from over 100 jurisdictions under…
AI and tech drive record 5.5 crore tax returns filed
Over 5.5 crore income tax returns (ITRs) were filed for assessment year 2026-27 by the July 31 deadline, with more than 42 lakh filed on July 30 alone, said the Income Tax…
