How to Report Foreign Assets & Income in ITR AY 2025-26 | CRS & FATCA Rules
In an era of global mobility and cross-border financial activity, transparency and accurate reporting of foreign assets and income are more crucial …
income tax
✅ ITR-2 Online Filing Now Available| AY 2025-26
📢 Kind Attention, Taxpayers! The Income Tax Department has now enabled the online filing of ITR-2 for Assessment Year 2025-26 on the official e-filing portal. …
📢 GST Update: Appeal Filing Enabled for Waiver Application Rejection Orders (SPL-07)
Date: July 16th, 2025Issued by: GSTN (Goods and Services Tax Network) 🔍 Key Highlight The GST Portal is now live with a …
GST 2.0? Big GST Reform Coming | PMO Clears Major GST Revamp
✅ What’s the Big Picture? The Prime Minister’s Office (PMO) has given in-principle approval for a significant overhaul of India’s …
Capital Gain Tax B/A 23 July 2024 | New STCG/LTCG Rates on shares, mutual fund, property etc.
📌 What Are Capital Gains? Capital gains refer to the profit earned on the sale of a capital asset like shares, …
Income Tax Dept Raids on Fake Deductions |Fake Tax Refunds = Jail? Income Tax Dept Begins Strict Action
New Delhi, 14 July 2025 – In a major drive initiated today, the Income Tax Department has launched coordinated verification actions …
🧭 Finance Ministry Launches All-In-One User Manual for GSTAT e-Filing Portal | Get Manual
The Ministry of Finance has unveiled Version 2.6 of the comprehensive user manual for the GSTAT e-filing portal, offering step-by-step guidance across the platform’s functionalities …
Getting Error in GSTR-1 Table 12 While Filing? 100% working solution
The GSTN system has brought clarity regarding Table 12 of GSTR-1, specifically when dealing with B2C supplies only. Many taxpayers filing returns with only …
ITR-2 and ITR-3 Excel Utilities Finally Released After Long Wait
After a prolonged wait and growing concerns among taxpayers, the Excel Utilities for ITR-2 and ITR-3 for Assessment Year 2025-26 have finally …
📢 Traces: New Utility for Justification Report, Form 16A and Form 27D Released
New Utility Versions for Justification Report, Form 16A, and Form 27D Released The Income Tax Department has recently released updated …
