The Income Tax Department has started a strict NUDGE campaign to catch fake donation claims in tax returns. This blog explains why warning messages are being sent, what you should do if you receive one, and how fixing your return now can help you avoid penalties and legal trouble.

UIDAI is ending the use of Aadhaar photocopies to improve security and protect user privacy. Aadhaar verification will now be done only through QR codes and the new Aadhaar App. Businesses must register with UIDAI and use digital verification methods, and citizens are encouraged to stop sharing physical photocopies.

Section 112A of the Income Tax Act governs taxation of long-term capital gains on listed equity shares, equity-oriented mutual funds, and business trust units. It provides exemption up to 1,00,000 and levies 10% tax beyond that, without indexation benefit.

Starting December 2025, GST registrations will face automatic suspension if bank account details are not updated within 30 days or before filing GSTR-1/IFF. This new compliance rule directly impacts filing, billing, and business continuity, making timely updates essential for businesses.

Starting 5th December 2025, businesses registered under GST must update their bank account details within 30 days of registration or before filing GSTR-1/IFF, whichever is earlier. As per Rule 10A, failure to comply will result in automatic suspension of GST registration. The update process requires furnishing bank account number, IFSC code, and a cancelled cheque or bank statement via the GST portal. While OIDAR and NRTP taxpayers are exempt, OIDAR taxpayers with a representative in India must provide bank details. Timely compliance ensures uninterrupted GST registration and avoids cancellation proceedings.

A simplified guide to ITC changes in GSTR-9 and GSTR-9C for FY 2024-25, covering late claims, reversals, reclaims, and reconciliation requirements.

Mumbai ITAT has ruled that late filing of Form 10IC should not prevent eligible taxpayers from availing the concessional corporate tax rate under Section 115BAA. The order states that filing Form 10IC is a procedural requirement and the intent to opt for the new tax regime is more important.

UIDAI is rolling out a new feature in the Aadhaar App that allows users to update their Aadhaar-linked mobile number directly from home using OTP and face scan verification. The process is digital, simple, and includes a small fee of about ₹50 to ₹75.

The Income Tax Department has introduced key updates effective December 1, 2025, focusing on real-time TDS error alerts, significantly faster ITR refund processing (7 days), strict AIS/26AS income matching rules, and an increased late filing penalty of ₹7,500 for high-income taxpayers.

The Income Tax Department is sending alerts to people who may have foreign bank accounts, investments or property that are not shown in their Income Tax Return. If you get this message, you must check and revise your ITR before 31 December 2025 to avoid big tax and penalties under the Black Money Act.

UIDAI has taken a big step to protect India’s identity system by deactivating over 2 crore Aadhaar numbers. Most of these numbers belonged to people who have passed away. The purpose is to prevent fraud and keep the Aadhaar system accurate and safe.

The Indian Income Tax Act is evolving rapidly. From the push for the New Tax Regime to AI-driven scrutiny and rationalized capital gains, discover the key trends and anticipated changes that could reshape your financial planning and compliance strategy in the coming years.