Latest updates for Direct Tax

Fresh curated links around Direct Tax are collected here so marketers can spot useful updates and turn timely ideas into posts faster.

Recent items include:

  • Direct tax collections rise 5.12% to ₹23.4 lakh cr in FY26; gross mop-up at ₹28.11 lakh cr
  • Your income may be tax-free up to ₹12 lakh-but your cash flow still isn’t
  • SFT And TDS Data Are Major Sources Of Tax Officials

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businesstoday.in /3 weeks ago

Direct tax collections rise 5.12% to ₹23.4 lakh cr in FY26; gross mop-up at ₹28.11 lakh cr

Gross direct tax collections stood at ₹28,11,936 crore, marking a 4.03% increase compared to ₹27,03,107 crore in FY25. The growth was driven by higher inflows from both corporate t...

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thetaxtalk.com /3 weeks ago

Your income may be tax-free up to ₹12 lakh-but your cash flow still isn’t

Your income may be tax-free up to ₹12 lakh–but your cash flow still isn’t   For many taxpayers, it now feels like a strange bargain-no tax liability, but still a deduction at sourc...

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deccanchronicle.com /1 day ago

SFT And TDS Data Are Major Sources Of Tax Officials

L. Vijaya Bhaskara Reddy, director of income-tax (I&CI), Hyderabad, and P. Sankar Pandi, additional director, said SFT filings by reporting entities directly impacted tax admin...

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thetaxtalk.com /2 weeks ago

Paying Tax May Be Better Than Saving Tax

Paying Tax May Be Better Than Saving Tax [Query] I purchased a flat in Coimbatore in May-2015 for Rs 35 Lakh and sold it in this month for Rs 77 Lakh. My query is how to treat this...

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thehindubusinessline.com /3 weeks ago

Direct tax collection missed revised estimates, but grew 5% over FY25

In the RE for FY26, the government projected its direct tax collection at ₹24.21 lakh crore

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thetaxtalk.com /1 month ago

New Income Tax Act 2025: Fewer Forms, Smarter TDS & Simpler Compliance (Part-3)

New Income Tax Act 2025: Fewer Forms, Smarter TDS & Simpler Compliance (Part-3) For most taxpayers, TDS & TCS are not just provisions — they are silent partners in every tr...

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tribune.com.pk /1 week ago

Additional taxes

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studycafe.in /3 weeks ago

UltraTech Cement slapped with Rs. 808.78 Cr Income Tax Demand

UltraTech Cement slapped with Rs. 808.78 Cr Income Tax Demand UltraTech Cement Limited has received assessment order under Section 143(3) of the Income Tax Act, 1961 for Assessment...

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tribune.com.pk /1 month ago

Salaried class pays Rs420b tax

Real estate sector contributes Rs197b as govt weighs tax relief proposals

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studycafe.in /2 weeks ago

Dividend Income Taxability Defeats Section 14A Disallowance, Holds ITAT

Dividend Income Taxability Defeats Section 14A Disallowance, Holds ITAT The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) on 30 March held that disallowance under Section...

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taxfoundation.org /1 month ago

Flat Tax

Single-Rate “Flat” Income Taxes A flat tax, where a single rate is applied to all taxable income, is an appealing income tax structure due to its simplicity, transparency, neutrali...

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dailymail.com /1 week ago

Income tax take reaches record high but 'tax attacks are far from over'

The tax burden on households has soared again as the impact of fiscal drag continues to pull more workers into the tax net.

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studycafe.in /2 weeks ago

Income Tax: Delhi Govt revises monetary limits for assigning cases to ITOs and DCs/ACs from FY 2026-27

Income Tax: Delhi Govt revises monetary limits for assigning cases to ITOs and DCs/ACs from FY 2026-27 The Principal Chief Commissioner of Income Tax (CCA), Delhi, under the Govern...

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studycafe.in /1 month ago

Income Tax Deletes Rs 25.79 Crore Tax Demand Raised Against Uniparts India Ltd for AY 2024-25

Income Tax Deletes Rs 25.79 Crore Tax Demand Raised Against Uniparts India Ltd for AY 2024-25 Uniparts India Ltd informed BSE Limited and National Stock Exchange of India Limited o...

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thetaxtalk.com /1 month ago

Section 221 Penalty: When Delay in Tax Payment Becomes Costly

Section 221 Penalty: When Delay in Tax Payment Becomes Costly   In the complex world of income tax compliance, one of the most frequently misunderstood provisions is Section 221 of...

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studycafe.in /1 month ago

Income Tax Section 154 Cannot Override DTVSV Final Settlement, Holds HC

Income Tax Section 154 Cannot Override DTVSV Final Settlement, Holds HC For the 2017–18 assessment year, taxpayer Sanjay Singh found himself in a dispute after a routine assessment...

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businesstoday.in /3 weeks ago

MS Dhoni tops Bihar-Jharkhand taxpayers as I-T collection hits Rs 20,000 crore

Principal Chief Commissioner of Income Tax for Bihar and Jharkhand Dr D Sudhakara Rao said nearly 70 per cent of the total collection was received through tax deduction at source.

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sports.ndtv.com /3 weeks ago

MS Dhoni Top Tax Payer As Government Collects Rs 12,000 Crore From Jharkhand

Income Tax collection from Bihar and Jharkhand reached around Rs 20,000 crore in 2025-26, with Jharkhand contributing Rs 12,000 crore, says Principal Chief Commissioner Dr D Sudhak...

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thetaxtalk.com /3 weeks ago

Commission paid to non-residents does not give rise to income chargeable to tax in India: ITAT Ahmedabad

Commission paid to non-residents does not give rise to income chargeable to tax in India: ITAT Ahmedabad   Kiri Industries Ltd. vs. DCIT (ITA No. 2065/Ahd/2025)   Facts: 1.  The as...

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Sources covering Direct Tax

feeds.feedburner.com

Recent coverage from public sources
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studycafe.in

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taxfoundation.org

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thetaxtalk.com

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tribune.com.pk

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businesstoday.in

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