India's central board of direct taxes has reported a significant rise in the filing of revised and updated income tax returns during the ongoing financial year. According to the cbdt, more than 1.5 million revised I-t returns have already been filed for the current assessment year.

India Sees Surge in Revised Income Tax Returns

The new Income Tax Act has been formulated using simple language to eliminate complicated legal challenges and make tax provisions more accessible to common taxpayers, according to RN Parbat, Member (Legislation) at the Central Board of Direct Taxes (CBDT).

New Income Tax Act written in simple language. Here's why

The broadened crackdown is part of Beijing’s attempt to boost fiscal revenue amid record budget deficits and economic headwinds.

China widens tax crackdown to middle-class overseas investors

Starting April 1st, 2026, India's income tax authorities will have the ability to access a person's social media accounts, such as WhatsApp, Telegram, and email. However, they can only do so if they believe an individual has concealed taxable income or cryptocurrency holdings. Under Section 132 of the existing 1961 IT Act, armed with a magistrate's order, income tax authorities can search and seize assets and financial documents if they have reason to believe an individual is hiding income, property, or relevant paperwork.

India: Social media, emails to come under tax scrutiny

India news | Union Finance Minister Nirmala Sitharaman on Tuesday (Mar 27) explained why the new Income Tax Bill, 2025, was introduced in the Lok Sabha on February 13.

From April 1, Indian govt can see your WhatsApp messages, emails. Here's what you need to know

Hungary and Slovakia are resisting the European Union's proposed sanctions against Russia. Hungary has demanded that several powerful businessmen be removed from the EU blacklist, even as Brussels is racing to find a compromise in the face of a deadline that ends on Saturday. Over the last 3 years, the EU has imposed sanctions on over 2,400 individuals and companies linked to Moscow's war effort. They include Vladimir Putin, Sergei Lavrov, and key oligarchs, and the list is renewed every 6 months. But Hungary, now joined by Slovakia, has been trying to weaken the measure. Watch in for more details!

Hungary and Slovakia demand removal of oligarchs from EU list

Hungary has announced a sweeping tax exemption for mothers of two or more children, just over a year ahead of the 2026 elections. Prime Minister Viktor Orbán has declared that mothers with three children will be exempt from income tax starting in October, while the exemption for mothers with two children will be phased in starting from January. Watch in for more details!

Hungary exempts mothers of two or more from income tax

Hungary has announced a sweeping tax exemption for mothers of 2 or more children, just over a year ahead of the 2026 elections. Prime Minister Viktor Orban declared that mothers with three children will be exempt from income tax starting October, while the exemption for mothers with two will be phased in from January.

Hungary exempts mothers of 2 or more from income tax

India News: Discover the extensive New Income Tax Bill expected to be presented in Parliament, introducing the Income Tax Act with over pages of detailed reforms.

New Income Tax bill to be introduced in Parliament tomorrow

India News: The Union Cabinet has approved a new income tax bill set to replace the six-decade-old I-T Act, with plans for its introduction in Parliament next week.

Cabinet approves Income Tax bill, to be introduced in Parliament next week

India News: The Union Cabinet is set to approve a new Income Tax Bill, aiming for Lok Sabha introduction soon, marking a pivotal move in reforming India's taxation landscape.

Union Govt to approve new Income Tax Bill tomorrow: Everything to know

India news | Indian Finance Minister Nirmala Sitharaman announced that people with salaries up to ₹12 lakh ($13,841) would not have to pay any income tax as per the new regime under the Union Budget 2025, and the internet can't keep calm.

Union Budget 2025: No income tax up to ₹12 lakh. Internet has hilarious reactions

Indian Finance Minister Nirmala Sitharaman today (Saturday, Feb 1) presented the Union Budget for 2025-26, a day after unveiling the Economic Survey.
Indian Finance Minister Nirmala Sitharaman on Saturday (Feb 1) announced a major relief for the middle class in India with a special tax exemption for salaried individuals. The new tax structure is designed to reduce taxes for middle-income earners, leaving more disposable income for household consumption, savings, and investment, which can help boost economic growth.

Income tax slabs Budget 2025: Zero income tax up to an income of Rs 12 lakh | WION detailed coverage

World: Donald Trump described the move as a return to the old American practices, which helped drive national prosperity and a step that made America richer. 

'Time to return to system that made us richer,' Trump hints at removing income tax for US citizens

Sources reveal that this move aims to provide relief to the middle class and stimulate consumption in response to the country’s slowing economy. 

Explainer : India considers income tax cuts, all you need to know

Truecaller raided in India for alleged tax evasion, firm says all okay

CBDT establishes committee to overhaul income tax act and enhance e-filing experience

Addressing an event to mark the 165th year of the Income Tax Department, Finance Minister Nirmala Sitharaman on Wednesday urged the department to simplify the language of notices and further expedite the refund processes. She also asked the tax department to work towards being “fair and friendly”.

Indian FM Nirmala Sitharaman urges Income Tax Department to simplify tax procedures

Union Budget 2024: FM Sitharaman makes big announcements on Income Tax. Here's all you need to know

India's income tax receipts witnessed a significant rise of 17.7% for the financial year 2023/24, reaching nearly $235 billion. This growth reflects an increase in both personal income and corporate profits.

India sees 17.7% surge in income tax receipts

India's finance ministry clears confusion on new tax regime. Here's its six-point sum-up

India's Congress party gets fresh income tax department notice: Report

US IRS launches crackdown on 125,000 unfiled high-income tax returns

Indian Government waives tax demands up to Rs 1 lakh, providing relief to taxpayers

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