I-T Dept Raids On Kashmir Business Group Led To Detection Of Undisclosed Income: CBDT

New Delhi-  The income-tax department has detected undisclosed income worth crores of rupees after it conducted searches against a Jammu and Kashmir-based business group engaged...

35 Lakh Income Tax Refund Cases ‘Held Up’ For Various Reasons: Tax Body Chief

New Delhi- Around 35 lakh cases for issuance of refunds are currently "held up" with the Income-Tax Department owing to mismatch and validation of...

Govt Hikes Interest Rate To 6.7% On Five-Year Recurring Deposit, Retains Rate On Other...

New Delhi- The government on Friday raised the interest rate on five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for...

I-T Dept Asks Taxpayers To Respond To Intimation Of Past Tax Demands For Faster...

New Delhi- The income tax department on Saturday asked taxpayers to respond to intimation from the I-T department regarding outstanding demands of previous years...

EPFO Records Highest Net Member Addition Of 18.75 Lakh In July

New Delhi- Retirement fund body EPFO has recorded the highest net member addition of 18.75 lakh in July 2023, according to the payroll data...

Income Tax Dept Slaps Notices On Startups Seeking Creditworthiness Of Investors

New Delhi- The Income Tax Department has slapped notices on some startups seeking information on creditworthiness of their investors as it looked to verify...

CBDT Says Over 6 Crore ITR Filings Processed For Assessment Year 2023-24

New Delhi- As many as 6.98 crore tax returns have been filed for income earned in 2022-23 fiscal and out of them, more than...
J&K LG Manoj Sinha Seeks Investment From Industry Players

J&K To Get Rs 80,000 Crore Investments: LG Manoj Sinha

Srinagar- Lieutenant Governor Manoj Sinha on Monday said Jammu and Kashmir will get investments to the tune of Rs 80,000 crore in the near...

EPFO Adds 17.89 Lakh Net Members In June

New Delhi- Retirement fund body EPFO has added 17.89 lakh members on net basis in June 2023, a labour ministry statement said on Sunday. The...

Revised I-T Rules Offer Tax Relief To Employees With Rent-Free Accommodation

New Delhi- Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a...