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Income Tax
First draft of new simplified I-T law to be prepared by tax dept panel: Revenue Secy Sanjay Malhotra
Malhotra said that the exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the income tax law.
25 July 2024, 09:00 IST
First draft of new simplified I-T law to be prepared by tax dept panel: Revenue Secy Sanjay Malhotra
25 July 2024, 09:00 IST
I-T returns filing: CBDT engaging closely with service providers for proper functioning of portal
The last date for filing Income Tax (I-T) returns for the financial year 2023-24 is July 31.
24 July 2024, 15:51 IST
I-T returns filing: CBDT engaging closely with service providers for proper functioning of portal
24 July 2024, 15:51 IST
What changed and what stayed the same? Key highlights from Union Budget
Hoping to both tame inflation and provide tax relief to the middle-class while spurring job creation and skilling among youth and women, the budget announced some uniquely 'Indian' solutions.
23 July 2024, 12:49 IST
What changed and what stayed the same? Key highlights from Union Budget
23 July 2024, 12:49 IST
Govt to undertake comprehensive review of Income Tax Act, says FM Nirmala Sitharaman
Also, 58 per cent of corporate tax have come from simplified tax regime in FY23.
23 July 2024, 08:25 IST
Govt to undertake comprehensive review of Income Tax Act, says FM Nirmala Sitharaman
23 July 2024, 08:25 IST
Tax relief for middle class; Budget focuses on jobs through skilling, incentivising employers
No special status but Bihar, Andhra Pradesh get special aids.
23 July 2024, 08:14 IST
Tax relief for middle class; Budget focuses on jobs through skilling, incentivising employers
23 July 2024, 08:14 IST
Income Tax slabs revised by FM; check out the new tax rates here
It was thought that a simplfied tax regime with flat rates would be more appealing to the younger generation, backed by the notion that millennials exhibit a proclivity towards spending rather than saving.
23 July 2024, 07:03 IST
Income Tax slabs revised by FM; check out the new tax rates here
23 July 2024, 07:03 IST
Jokes on salaried, middle-class and tax rebates flood social media as FM presents Union Budget
Sitharaman is currently presenting the Budget for the fiscal year 2024-25.
23 July 2024, 06:36 IST
Jokes on salaried, middle-class and tax rebates flood social media as FM presents Union Budget
23 July 2024, 06:36 IST
Atishi demands Rs 10,000 crore for Delhi, claims no return on Rs 2 lakh crore tax contribution
Delhi also provided Rs 25,000 crore as central GST to the pool of taxes, Delhi Finance Minister Atishi during a press conference.
19 July 2024, 07:43 IST
Atishi demands Rs 10,000 crore for Delhi, claims no return on Rs 2 lakh crore tax contribution
19 July 2024, 07:43 IST
Direct tax practitioners' body seeks reduction in income tax
The memorandum also addresses the tax rate under Section 115BBE on unexplained cash credits, loans, investments, and expenditures, which was increased to 75 per cent plus cess during the demonetisation period.
14 July 2024, 08:36 IST
Direct tax practitioners' body seeks reduction in income tax
14 July 2024, 08:36 IST
ED attaches fresh assets in I-T refund fraud case in Maharashtra
To freeze these properties, an order has been issued under the Prevention of Money Laundering Act (PMLA).
13 July 2024, 05:45 IST
ED attaches fresh assets in I-T refund fraud case in Maharashtra
13 July 2024, 05:45 IST
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