Tag: Income Tax
No tax rate reductions for old regime, clarifies Nirmala Sitharaman |...
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? |...
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...
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 |...
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...
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...
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...
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...
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 :...
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...
The Income Tax Department has issued 10,000 reopening notices to companies and individuals in major cities, seeking explanations for apparent discrepancies in their...