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Government Launches Voluntary Scheme for Small Taxpayers to Disclose Undisclosed Foreign Assets
The Income Tax Department has provided a major opportunity for small taxpayers who hold foreign bank deposits or assets but failed to report them in their tax returns due to technical oversights. The Central Board of Direct Taxes (CBDT) has officially notified the Foreign Assets Small Taxpayer Di...
August 16, 2026 | 09:29 AMIncome Tax Department Running Short of 26,997 Officers and Support Staff
The Central Government has acknowledged an ongoing manpower crunch within the Income Tax Department. Speaking in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary revealed that as of January 1 this year, a total of 26,997 posts remain vacant across Group-A, Group-B, and Group-C catego...
July 22, 2026 | 07:28 AMOver 17 Million Taxpayers File ITRs Ahead of July 31 Deadline: Income Tax Department
The Income Tax Department has announced that the Income Tax Return (ITR) filing process for the Assessment Year 2026-27 (Financial Year 2025-26) is progressing at a record pace. In an official statement released on Saturday, the department revealed that more than 1.7 crore taxpayers have already ...
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‘Telugu Times’ was started as the First Global Telugu Newspaper in USA in July 2003 by a team of Professionals with hands on experience and expertise in Media and Business in India and USA and has been serving the Non Resident Telugu community in USA as a media tool and Business & Govt agencies as a Media vehicle. Today Telugu Times is a Media house in USA serving the community as a Print / ePaper editions on 1st and 16th of every month, a Portal with daily updates, an YouTube Channel with daily posts interesting video news, a Liaison agency between the NRI community and Telugu States, an Event coordinator/organizer with a good presence in Facebook, Twitter, Instagram and WhatsApp groups etc. Telugu Times serves the Telugu community, the largest and also fast growing Indian community in USA functions as a Media Partner to all Telugu Associations and Groups , as a Connect with several major temples / Devasthanams in Telugu States. In its 20 th year, from 2023, Telugu Times started Business Excellence Awards , an Annual activity of recognizing and awarding Business Excellence of Telugu Entrepreneurs.
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