About Rs 400 Cr Tax Deposited By Filing Updated ITRs So Far

New Delhi- The recently introduced provision of allowing taxpayers to update their tax returns has seen as many as 5 lakh re-filings with about...

Government Abolishes Periodic Licence Renewal of Customs Brokers

New Delhi: The essential requirement of periodic renewal of licences of customs brokers and authorised carriers, has been removed by the Central Board of...

Over 3 Crore Income Tax Returns Filed So Far: Tax Department

New Delhi- Over 3 crore ITRs for income earned in 2022-23 fiscal have been filed so far, out of which 91 per cent have...

GST Collection Rises 28% To Rs 1.49 Lakh Cr; 2nd Highest Ever

New Delhi- GST collection rose 28 per cent to touch the second-highest level of Rs 1.49 lakh crore in July on the back of...

Refunds: IT Dept Asks Taxpayers To Send Online Response For Ay 20-21

New Delhi (PTI): The Income Tax Department has urged taxpayers to "quickly" send an online response so that their pending refunds for assessment year...

Centre Releases Rs 95,082 Cr To States As November Tax Devolution

New Delhi- The Centre has released two instalments of tax devolution to the states amounting to Rs 95,082 crore in November, the Finance Ministry...

Nearly 8 Crore ITRs Filed Till December 2

New Delhi- As many as 7.76 crore tax returns for income earned in 2022-23 have been filed till December 2 and more are expected...

I-T deptt to refund excess interest, late fee paid while filing FY21 ITR

New Delhi: The Income Tax Department on Wednesday said it will refund the excess interest and late fee paid by taxpayers due to software...

Fitch Expects Windfall Tax To Be Phased Out In 2023

NEW DELHI- Fitch Ratings on Tuesday said it expects the five-month-old tax on windfall profits made by oil companies to be phased out in...

I-T Refunds Of Rs 1.14 Lakh Crore Issued Between April-August

NEW DELHI- The Income Tax department has issued refunds of over Rs 1.14 lakh crore in the first five months of this fiscal. “CBDT (Central...