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No tax rate reductions for old regime, clarifies Nirmala Sitharaman |...

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The new regime features lower tax rates and an increased standard deduction of Rs 75,000. | File Photo3 min read Last Updated...

Different modes of MF holdings and how are they taxed? |...

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3 min read Last Updated : Sep 02 2024 | 6:13 PM IST Mutual funds have become a popular choice for people looking...

Panel headed by V K Gupta to simplify decades-old direct tax...

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3 min read Last Updated : Aug 30 2024 | 10:52 PM IST The revenue department in the finance ministry has formed a...

New database on registration status of charities for taxation clarity |...

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3 min read Last Updated : Aug 29 2024 | 11:11 PM IST The Central Board of Direct Taxes (CBDT) has instructed its...

ITR refund pending? Tax dept legally has time until 2025 to...

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3 min read Last Updated : Aug 28 2024 | 4:38 PM IST The Income Tax Department is processing millions of returns –...

66% of gig workers file zero returns, 78% earn under Rs...

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4 min read Last Updated : Aug 23 2024 | 7:30 PM IST A staggering 77.6% of gig delivery workers in India earn...

Got a notice for ‘defective’ Income Tax return? Here’s how to...

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3 min read Last Updated : Aug 23 2024 | 4:57 PM IST Several taxpayers have received notices saying their Income Tax returns...

CBDT forms committee to review I-T Act, ‘sunset’ clauses to be...

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Agrawal also said the CBDT will "put more officers" within the next 10-15 days to "expeditiously" clear the "substantial" number of appeals pending.3...

I-T department processes nearly 4 Cr ITRs in 15 days :...

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2 min read Last Updated : Aug 22 2024 | 10:01 AM IST The Income Tax Department has processed close to 4 crore...

Tax dept issues 10,000 reopening notices to various entities so far...

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The Income Tax Department has issued 10,000 reopening notices to companies and individuals in major cities, seeking explanations for apparent discrepancies in their...
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