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ITR Refund Delays in FY 2025-26: Over 27 Lakh Returns Still Pending Despite High Processing Rate

   27 March 2026 at 09:24

Income tax refund delays persist in FY 2025-26 with over 27 lakh ITRs still unprocessed. AI-based checks, AIS mismatches and system validations are slowing refunds.

Posted in Income Tax |   5055 Views


Health Insurance Premiums Cross Rs 1.2 Lakh Crore in FY25

   27 March 2026 at 09:24

India's health insurance sector crosses Rs 1.2 lakh crore in FY25 with 9% growth. IRDAI introduces strict timelines: 1-hour pre-authorization and 3-hour final approval to ensure faster, transparent claim settlements and improved policyholder trust.

Posted in Others |   78 Views


Big Relief for Taxpayers: FM Sitharaman Allows ITR Updates Even After Reassessment Proceedings

   26 March 2026 at 09:29

Finance Minister Nirmala Sitharaman announces major taxpayer relief measures, including updated ITR filing after reassessment, NRI foreign asset disclosure scheme, and simplified travel and TDS rules in Finance Bill 2026.

Posted in Income Tax  1 comments |   19659 Views


Lok Sabha Passes Finance Bill 2026 with 32 Amendments

   26 March 2026 at 09:29

Lok Sabha passes Finance Bill 2026 with 32 amendments after FM Nirmala Sitharaman's reply. Key bills introduced in Rajya Sabha; Budget Session may end early due to upcoming state elections.

Posted in Union Budget |   4275 Views


Income Tax Scam Alert: Fake Email on Return Filing Compliance Exposed

   26 March 2026 at 09:28

PIB Fact Check warns taxpayers about a fake Income Tax email claiming compliance gaps. Learn how to identify phishing attempts and stay safe online.

Posted in Income Tax |   402 Views


Govt Clarifies LPG Refill Booking Rules: No Change in Timelines, Rumours Debunked

   26 March 2026 at 09:26

Government clarifies that no changes have been made to LPG refill booking timelines. Existing limits remain 25 days in urban areas and 45 days in rural areas. Citizens advised to ignore misinformation and avoid panic booking.

Posted in Others |   141 Views


No Formal Analysis on GST Rate Changes' Fiscal Impact, Govt Informs Lok Sabha

   26 March 2026 at 09:25

Minister of State for Finance Pankaj Chaudhary told Lok Sabha that no formal study has been conducted on the inflation or revenue impact of GST rate rationalisation, though reforms aim to boost affordability and growth.

Posted in GST |   1821 Views


Government Moves to Simplify Income Tax Laws, Reduce Litigation: MoS Finance

   26 March 2026 at 09:21

Minister of State for Finance Pankaj Chaudhary informed Parliament that the government is simplifying income tax laws, reducing litigation and introducing automated systems for TDS compliance under the Finance Bill 2026.

Posted in Income Tax |   309 Views


GSTAT Releases List of Selected Legal Researchers for 2026 Contractual Engagement

   26 March 2026 at 09:20

The Goods and Services Tax Appellate Tribunal (GSTAT) has released the shortlist of candidates for Legal Researcher (Contractual) positions at its Principal Bench. Check selected candidates, waiting list and key deadlines.

Posted in GST |   210 Views


CBIC Rolls Out SOP for Verification of Machines Under HSNS Cess Rules, 2026

   26 March 2026 at 09:20

CBIC releases a detailed SOP for verification of machine declarations under HSNS Cess Rules and Capacity Determination Rules, 2026, involving QCI for technical validation and stricter compliance monitoring.

Posted in GST |   246 Views



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