Latest tax department News & Updates

New Delhi, July 4 (IANS) A Suvidha Camp organised by the New Delhi Municipal Council (NDMC) on Saturday received 60 grievances from residents and these were promptly taken up by the departments concerned, said an official. The Suvidha Camp at the NDCC Convention Centre, Jai Singh Road, provided residents and service users with a dedicated single-window platform for information, facilitation, and prompt grievance redressal, said an official statement.One of the key features of the Suvidha Camp wa…

Mumbai, March 22 (IANS) Tata Capital has said it has received an income tax reassessment order of Rs 413 crore from the Mumbai tax authority for the financial year 2017-18 and will take necessary steps to file a rectification appeal.The company said the order was issued on March 20, 2026, and downloaded a day later.The reassessment pertains to Tata Capital Financial Services Limited, which has since been merged with Tata Capital Limited with effect from April 1, 2023.According to the company, th…

New Delhi, March 20 (IANS) The government on Friday notified the Income-tax Rules, 2026, setting the stage for the rollout of the new Income-tax Act, 2025 from April 1, 2026, with a sharper focus on transparency, stricter disclosures and improved compliance.The Central Board of Direct Taxes (CBDT) has published the Income-tax Rules, 2026 in the e-Gazette, replacing earlier provisions and laying down a detailed framework for the upcoming financial year 2026-27.The new rules aim to simplify proced…