No Extension Of ITR Filing Deadline; Over 5.62 Cr Returns For FY21 Filed So...
New Delhi- The government on Friday ruled out extending the deadline for filing of ITRs, saying there were no problems faced by taxpayers in...
Allow Deductions, Hike Threshold For Levying Peak 30% Tax: Experts
NEW DELHI- Investments in PPF and other tax savings schemes should be allowed as deductions, and the threshold for 30 per cent tax should...
CBDT Issues Refunds Of Rs 1.12 Lakh Cr To 91.30 Lakh Taxpayers
New Delhi- The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 1,12,400 crore to more than 91 lakh taxpayers from...
Centre Cuts Windfall Tax On Crude Oil Output And Diesel Exports
New Delhi- The government on Thursday slashed to less than half the windfall profit tax on domestically produced crude oil and also reduced the levy on...
Increase Tax Rebate Benefits For Consumption Expenditure In Budget: PHDCCI
New Delhi- Industry body PHDCCI on Tuesday sought increase in the tax rebate benefits for consumption expenditure, reduction in the cost of doing business...
GST Mop Up Grows 11% To Rs 1.46 Lakh Cr In November
New Delhi- The collections from Goods and Services Tax (GST) grew by 11 per cent to about Rs 1.46 lakh crore in November on...
Ethereum Congestion Forces Exchanges to Halt Withdrawals
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...
Capital Gains Tax Should Be Rationalised; Need Simpler ITR Form For Disclosing Such Income:...
New Delhi- The Budget should bring in a simpler income tax return form for assessees having only capital gains or dividend or interest income,...
I-T Dept Going Into New Areas To Check Tax Evasion: CBDT Chairman
New Delhi- The Income-Tax department is going into "new areas" of the economy to check tax evasion even as its investigation units are using...
Rs 500 Crore Hidden Income Found In Raids On Gujarat Group: Tax Dept
New Delhi- Unaccounted transactions of over ₹ 500 crore have been detected after the Income Tax Department last month raided a Gujarat-based group engaged...