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direct tax

New income tax act, easier TDS, STT hike: What Union Budget changed, and didn't

Finance Minister Sitharaman, during her Budget speech, said the Income Tax Act, 2025 will come into effect from April 1.
Updated on Feb 01, 2026 07:21 pm IST

India's net direct tax collections fall 1.3% during April 1-July 10

The government said it had issued tax refunds worth 1.01 trillion rupees during the period.
Updated on Jul 11, 2025 10:36 pm IST

CBDT to closely monitor top taxpayers, crack down on bogus deductions

CBDT has instructed IT officials to monitor top advance taxpayers to boost direct tax collections this financial year
Published on May 04, 2025 03:01 pm IST

Terms of Trade: Why we should stop hyperventilating about the Budget

PREMIUM
Union finance minister Nirmala Sitharaman before presenting Budget 2024 on February 1, 2024. (Sanchit Khanna/ HT File Photo)
Updated on Jan 30, 2025 12:22 pm IST

Tax defaults in India rise by 1000% in last 10 years, litigations double: Report

Tax defaults in India skyrocketed by 1000% in the last ten years and associated litigation has also consequently risen (Representational Image/Pixabay)
Published on Aug 04, 2024 07:56 pm IST