Income Tax Portal Update: Quarterly Statutory Forms Now Live on e-Filing Portal:
On June 30, 2026, the Income Tax Department has rolled out the second set of statutory forms as per the Income Tax Rules, 2026 on the e-Filing portal.
The newly enabled quarterly forms include Forms 121, 138, 140, 143, 144, 147 and 148. Taxpayers and other stakeholders can now access and file these forms through the Income Tax e-Filing portal.
This update is aimed at facilitating timely compliance and smoother online filing under the Income Tax Rules, 2026.
The Income Tax Department has released the latest version of the Common Offline Utility for filing Income-tax Returns in ITR 1, ITR 2, ITR 3 and ITR 4 for Assessment Year 2026-27 on the e-Filing portal.
Kolkata likely to host 57th GST Council meeting next month:- Kolkata is likely to host the 57th meeting of the GST Council next month, sources said, although the Union Finance Ministry has not yet officially confirmed the venue or the schedule. The meeting is expected to be held in the second half of July, and could take up the next round of indirect tax policy reforms.
Gross and Net GST revenue collections for the month of May, 2026
India’s gross GST collections for May 2026 stood at ₹1.94 lakh crore, registering a 3.2% year-on-year growth compared to May 2025. After adjusting for refunds, the net GST revenue reached ₹1.66 lakh crore, reflecting a growth of approximately 3.3%.
The increase in collections was largely supported by strong import-related GST revenues, which grew by over 19%, indicating continued industrial and trade activity. Domestic GST collections remained stable despite the absence of certain one-time revenue contributions that had boosted collections in the previous year.
Utilities released under ITR-1 on 15th May, 2026:
• Utility Excel Based – Version 1.0 (Size: 4 MB); first release and latest release dated 15-May-2026.
• JSON Schema (Size: 145 KB); first release and latest release dated 15-May-2026.
• Validations Rules (Size: 543 KB); first release and latest release dated 15-May-2026.
GST Info Tamil
Income Tax Portal Update: Quarterly Statutory Forms Now Live on e-Filing Portal:
On June 30, 2026, the Income Tax Department has rolled out the second set of statutory forms as per the Income Tax Rules, 2026 on the e-Filing portal.
The newly enabled quarterly forms include Forms 121, 138, 140, 143, 144, 147 and 148. Taxpayers and other stakeholders can now access and file these forms through the Income Tax e-Filing portal.
This update is aimed at facilitating timely compliance and smoother online filing under the Income Tax Rules, 2026.
1 week ago | [YT] | 0
View 0 replies
GST Info Tamil
The Income Tax Department has released the latest version of the Common Offline Utility for filing Income-tax Returns in ITR 1, ITR 2, ITR 3 and ITR 4 for Assessment Year 2026-27 on the e-Filing portal.
Download link : www.incometax.gov.in/iec/foportal/downloads/income…)
1 week ago | [YT] | 1
View 0 replies
GST Info Tamil
Top 10 states by GST collection in FY26
1 week ago | [YT] | 2
View 0 replies
GST Info Tamil
Kolkata likely to host 57th GST Council meeting next month:-
Kolkata is likely to host the 57th meeting of the GST Council next month, sources said, although the Union Finance Ministry has not yet officially confirmed the venue or the schedule. The meeting is expected to be held in the second half of July, and could take up the next round of indirect tax policy reforms.
2 weeks ago | [YT] | 1
View 0 replies
GST Info Tamil
3 weeks ago | [YT] | 3
View 0 replies
GST Info Tamil
CBDT Releases ITR-3 Utility, JSON Schema and Validation Rules for Assessment Year 2026-27
3 weeks ago | [YT] | 0
View 0 replies
GST Info Tamil
GSTAT Chennai Bench Operationalises Help Desk to Facilitate Stakeholder Assista
1 month ago | [YT] | 3
View 0 replies
GST Info Tamil
1 month ago | [YT] | 1
View 0 replies
GST Info Tamil
Gross and Net GST revenue collections for the month of May, 2026
India’s gross GST collections for May 2026 stood at ₹1.94 lakh crore, registering a 3.2% year-on-year growth compared to May 2025. After adjusting for refunds, the net GST revenue reached ₹1.66 lakh crore, reflecting a growth of approximately 3.3%.
The increase in collections was largely supported by strong import-related GST revenues, which grew by over 19%, indicating continued industrial and trade activity. Domestic GST collections remained stable despite the absence of certain one-time revenue contributions that had boosted collections in the previous year.
1 month ago | [YT] | 0
View 0 replies
GST Info Tamil
CBDT Enables Filing of ITR-1 and ITR-4 for Assessment Year 2026–27; Excel Utilities and Online Filing Now Live on e-Filing Portal
Source from: www.incometax.gov.in/iec/foportal/downloads/income…
Utilities released under ITR-1 on 15th May, 2026:
• Utility Excel Based – Version 1.0 (Size: 4 MB); first release and latest release dated 15-May-2026.
• JSON Schema (Size: 145 KB); first release and latest release dated 15-May-2026.
• Validations Rules (Size: 543 KB); first release and latest release dated 15-May-2026.
2 months ago | [YT] | 1
View 0 replies
Load more