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...
J&K Records Rs 24,080.79 Cr GST Collection In 3-Years

Centre To Soon Notify Rules For Setting Up GST Appellate Tribunals

New Delhi- The Centre will soon notify rules for setting up GST appellate tribunals and appoint members after approval from the GST Council, a...

J&K Registers Record Rs 588.68 Cr GST Revenue In June 2023

Srinagar- The Union Territory of Jammu and Kashmir has registered substantial growth of 58 percent in GST revenue collected in the month of June...