Centre Releases ₹ 1.40 Lakh Crore Tax Devolution Sum To States
New Delhi- The government has released the 14th instalment of tax devolution of more than ₹ 1.40 lakh crore to states."The Union Government has released 14th instalment...
Govt Monitors 54 Items as GST Cuts Benefit Consumers
New Delhi- Finance Minister Nirmala Sitharaman on Saturday said the benefits of GST reforms are reaching consumers in the form of reduced prices.Addressing...
Govt Notifies ITR Forms; Individuals With LTCG Up To Rs 1.25 Lakh Can File...
New Delhi- The government has notified the income tax return forms 1 and 4 for assessment year 2025-26, and made it easier for individuals...
Lok Sabha Passes New Income Tax Bill In Just 3 Minutes
New Delhi- The Income Tax Bill (No.2) 2025 - a major legislative move to replace the 63-year-old law governing income taxation for individuals and...
Sitharaman Withdraws Income Tax Bill In LS; New Bill To Be Introduced On Aug...
New Delhi- Finance Minister Nirmala Sitharaman on Friday withdrew the Income Tax Bill, 2025, in the Lok Sabha, and the government will come out...
GST Mop-Up In Sept At Rs 1.47 Trn; Festival Season To Push Up Revenues
New Delhi- GST collections remained above Rs 1.40 lakh crore for the seventh month in a row at Rs 1.47 lakh crore in September, a 26...
Govt Notifies ITR Forms For 2021-22, Seeks Details Of Income From Overseas Retirement Benefit...
New Delhi- The Income Tax department has notified forms for filing I-T returns for 2021-22 fiscal, which also seek details of income from overseas...
Govt Extends April GST Payment Deadline Till May 24
New Delhi- As taxpayers face technical glitches on the GST portal, the government on Tuesday extended the due date for April tax payment till...
India Plans To Replace Toll Plazas With Auto Number Recognition System
New Delhi- Union minister Nitin Gadkari on Tuesday said that the government is conducting pilot projects to replace toll plazas with automatic number plate recognition...
Finance Ministry Puts Income Tax Calculator Live On Income Tax Dept Portal
New Delhi- Income tax department on Monday released a 'tax calculator' which will help an assessee decide if the new income tax regime announced...