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Income Tax

India’s oldest Income Tax office gets facelift

In a city where history whispers from the bricks of every colonial edifice, a new chapter of pride and preservation was written today as the historic Income Tax Office building at 3 Government Place (West) in Kolkata lit up in all its architectural glory.

Intrusions without probable cause

Starting in April 2026, tax officers in India may be able to force open not just your safes and filing cabinets but also your WhatsApp, cloud storage, and encrypted chats.

Tata Steel receives Tncome Tax order on Bhushan Steel merger

Tata Steel received an income tax order on Friday which increases its FY 2019 taxable amount, pertaining to the merger of Bhushan Steel with the Tata Group company back in 2019. Bhushan Steel has been renamed as Tata Steel BSL Limited, the company stated.

New tax bill is a facelift, not a fix

Finance Minister Nirmala Sitharaman’s recent tabling of the Income Tax Bill, 2025, marks a significant shift in India’s tax landscape.

How India can avoid middle-income trap

The World Development Report (WDR) 2024 titled “The MiddleIncome Trap” reported that about 108 middle-income countries are hovering around this status for the last sixty years and despite multiple possibilities to introduce tried and true technology improvements, all are in the middle-income trap.

Tax Reform

The government’s new Income Tax Bill promises to streamline taxation with simpler language and fewer sections.