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The Press Information Bureau (PIB) has released a detailed fact-check report after a social media post claimed that the Income Tax Department would be able to access users’ social media accounts, emails, and other digital platform details from April 1, 2026. PIB stated that this post was misleading, specifying that under the provisions of the […]
For significant delays in the processing of ITR and subsequent issuance of refunds, taxpayers on the social media platform X are raising their voices. Public grievance has arrived because people who submitted their ITRs several months ago witnessed that their processing status remained unchanged or their refunds were stuck in the pending phase. Taxpayers are […]
For most of the day, the Goods and Services Tax Network (GSTN) portal has been down. It became an issue as thousands of businesses in India use it to file their monthly tax papers, particularly GSTR-1 forms. Tax professionals have observed that the Goods and Services Tax (GST) portal, which is managed by Infosys, has […]
Till now, the ITR filers who had submitted their ITR for FY 2024-25 ( AY 2025-26) are still waiting for the tax refund. A month has passed since many taxpayers submitted their income tax returns. However, no refund has been given to all such taxpayers. This year, the procedure of refund procedure seems to be […]
Union Finance Minister Nirmala Sitharaman addressed the user’s concern who questioned the financial pressure on the middle-class people of India. For various decades, the country has been supported by these middle-class people which contributes highly in terms of taxes and spending. On the X platform, the user has tagged Sitharaman and requested certain relief for […]
The Income Tax Department has introduced an investigation operation against particular social media influencers and content creators who make content using various platforms such as YouTube and Instagram. The move was launched because they are not disclosing their income and profits corresponding to their earnings, according to the sources. The department started taking action last […]
All the taxpayers are warned by the Income Tax Department of India that they did not disclose their Permanent Account Number on social media. Revealing their ten-digit alphanumeric PAN publicly can lead to its misuse. The IT Dept is warning taxpayers or assessees owing to mentioning of PAN from a number of taxpayers in the […]
The rent received from renting out the building to the Department of Social Welfare for running the boys’ hostel for the weaker section is waived from the GST (Goods and Services Tax), Karnataka Authority for Advance Rulings (KAAR) noted. The petitioner, K.A. Sujith Chandan, leased a building to the Department of Social Welfare, Government of […]
An internal assessment by the income tax department reveals that insurance companies and their intermediaries have allegedly evaded approximately ₹30,000 crore in income tax since July 1, 2017, by underreporting income and fabricating expenses. The department has started taking action by issuing tax demand notices to these entities to recover the outstanding amounts, which may […]
