Hi.
Thanks for your query.
Causes of itching problems in penis-
It may simply be a hygiene problem. If you do not wash under the foreskin, a cheesy material, called smegma accumulates. This can become infected and cause irritation. The solution is to wash carefully with warm water to which you have added enough kitchen salt to make it taste like seawater. A milder form of balanitis can appear soon after intercourse, but disappears within about a day. This is probably caused by allergy to thrush in your partner’s vagina. If she is treated the problem will usually go.
• Balanitis can sometimes be caused by a skin disease, such as psoriasis. Psoriasis can occur on the penis without you having it anywhere else. On the glans, it looks red and shiny (unlike on other parts of the body where it is silvery and scaly). In this situation antifungal treatment will not have any effect, but your doctor can prescribe a steroid cream.
• Check your soaps and shower gels. Balanitis can sometimes be sensitivity to perfumes in soaps and detergents. Never put disinfectant in the bath, as this can be very irritating.
• If your penis is swollen, intensely itchy and very red, you probably have thrush (also known as Candida, yeast). Occasionally this can be the first sign of diabetes, so check with your doctor. It is cured with antifungal cream or tablets
• Severe itchy penis can be seen in sexual transmitted disease (STD).
What to do?
• Change to a simple, unperfumed soap. Alternatively, buy ‘aqueous cream’ from a pharmacy and use it as body-wash cream (i.e. apply a small amount and rinse off).
• Put two handfuls of salt in the bath, but no other additives (no bubble bath, no bath oils, no disinfectants)
• Do not use ‘biological’ or ‘enzyme’ powders when washing your underpants
• Ask your partner to visit her doctor or a genitourinary medicine clinic to check for thrush(especially if your balanitis occurs after sex)
• See your doctor – if your balanitis is severe, ask for a diabetes check; if anti-thrush treatment does not work, ask your doctor if it could be psoriasis.
• If signs of STD seen then you may take a course of antibiotics.
Consult with your physician, some routine like blood test for complete hemogram,fasting sugar, peripheral blood smear and smear taken from penile skin scrapping should go for cytology,tissue culture report, and follow his further opinion regarding diagnosis and management opinion.
Wish you a speedy recovery.

Best Wishes,
Dr Sourav Ganguly

hello Mr.Gosavi;
welcome to healthcare magic
Itching near penis can be infection;may be a ring worm or any other fungal infection.If you want you can apply a ointment containing anti-fungal;steroid;antibacterial combination available over the counter or better consult a doctor close by to get proper treatment.
take care
thanks

Hi!RN GOSAVI,
Welcome to HealthcareMagic forum,
It can either be a fungal infection or scabies.Is your itching more in night..are your finger web spaces also involved.Try taking a pure anti-fungal first ..apply it twice a day for 2 wks .if you don't respond then take a course of anti scabetic treatmenet from a dermatologist.
take care,
Dr.chawda