Tag: tax compliance
Posted in Economy
Budget should focus on widening tax base, investment incentive to further bolster growth: Report
New Delhi, The Union Budget 2026 needs to focus on widening the direct tax base, incentivising private sector investment and freezing peak direct tax rates…
Posted in Economy
Over 15 lakh revised ITRs filed for current AY: CBDT
New Delhi, Over 15 lakh taxpayers have filed a revised return for the current assessment year 2025-26, the income tax department said on Tuesday. The…
Posted in Economy
Firms turning to AI tools to keep pace with taxman
New Delhi: As India’s tax administration increasingly relies on artificial intelligence (AI) and digital data to detect evasion, flag inconsistencies and issue automated notices, companies…
Posted in Economy
Centre revamps GST annual returns, clarifies jurisdiction of GSTAT principal bench
The centre has introduced significant changes to the Goods and Services Tax (GST) regime, by revamping the annual GST returns and provided clarity on the…