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...
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...
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...
Net Direct Tax Mop-Up Grows 17 Pc To Rs 5.84 Lakh Crore So Far...
New Delhi- Net direct tax collections swelled 17.33 per cent to Rs 5.84 lakh crore so far this fiscal, reaching 32 per cent of...
Record 6.77 Cr ITRs For AY 2023-24 Filed Till July 31; 53.67 Lakh First-Time...
New Delhi- The income tax department, on Tuesday, said a record 6.77 crore income tax returns for the assessment year 2023-24 were filed till...
More Than 5 Cr Income Tax Returns Filed For 2022-23 Fiscal So Far
New Delhi- Over 5 crore tax returns have been filed for income earned in the 2022-23 fiscal, which ended March 31.Out of the 5.03...
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...
FM Says No Income Tax For People Earning Up To Rs 7.27 Lakh Per...
Udupi (Karnataka)- Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people, including income...
Net Direct Tax Mop-Up Grows 16%To Rs 4.75 Lakh Crore So Far This Fiscal
New Delhi- Net direct tax kitty swelled 16 per cent to Rs 4.75 lakh crore so far this fiscal, a reflection of economic activity...
GST Council Likely To Define MUVs And XUVs For Levy Of 22% Cess
New Delhi- The GST Council is likely to clarify on the definition of multi utility vehicles (MUVs) and crossover utility vehicles (XUVs) for levy...