Wed, Apr 17, 2024
Income tax: As per CA Ruchika Bhagat, MD, Neeraj Bhagat & Co., choosing the right tax regime from the old tax regime and the new tax regime can help taxpayers save more tax.
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Mon, Apr 15, 2024
By scrutinizing vast datasets, AI can identify anomalies and suspicious activities that can signify fraudulent behavior.
Fri, Apr 12, 2024
The Brihanmumbai Municipal Corporation (BMC) on Friday warned of taking stringent action against those who do not pay their property tax by May 25, the deadline set for the financial year 2023-24.
Wed, Nov 03, 2021
There is a loud and clear message to tax evaders that now government to government data is being shared and it’s now difficult to evade.
Wed, Oct 27, 2021
The income tax department has expanded the list of high-value financial transactions which would be available to taxpayers in their form 26AS by including details of mutual fund (MF) purchases.
Wed, Oct 13, 2021
The Income Tax (IT) payers can now choose tax regime while filing Income Tax Returns (ITR) through SBI YONO with Tax2Win.
Mon, Oct 11, 2021
As per the information provided by the Income Tax Department, if a person who is required to furnish a return of income under section 139 fails to do so within the time prescribed then they will have to pay interest on tax due.
Mon, Oct 04, 2021
Taxpayers should neither invest in haste nor wait for last-minute income tax filing.
Wed, Sep 29, 2021
Generally whatever is received by an employee from an employer in cash, kind or as a facility [perquisite] is considered as salary.
Thu, Sep 23, 2021
IT major Infosys on Thursday acknowledged that some users continue to experience difficulties in accessing the income tax portal and assured that it is working expeditiously, in collaboration with the Income Tax Department, to further streamline end-user experience.
Sat, Sep 18, 2021
The Centre has relaxed the provisions of Income-Tax Act, 1961 Act in relation to the payment of interest regarding TDS by Scheduled Bank to a member of Scheduled Tribe (ST) community on Friday.
Mon, Sep 13, 2021
The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 70,120 crore to more than 26 lakh taxpayers so far in the current financial year.
Fri, Sep 10, 2021
The central government on Thursday extended the deadline till December 31 for filing of income tax returns by individuals for the financial year 2021, amid the coronavirus pandemic and technical glitches in the IT portal. Check the details here:
Sat, Sep 04, 2021
The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs. 67,401 crore to more than 23.99 lakh taxpayers between April 1, 2021 to August 30, 2021, said Income Tax India on Saturday.
Fri, Sep 03, 2021
The market regulator has also mentioned that all the existing investors are advised to ensure linking of their PAN with Aadhaar number prior to September 30, 2021 or any other date specified by CBDT
Sun, Aug 29, 2021
“Under The Direct Tax Vivad se Vishwas Act 2020 (hereinafter referred to as “Vivad se Vishwas Act”), the amount payable by the declarant is stated in the table under section 3 of the Vivad se Vishwas Act,” this release said
Sun, Aug 22, 2021
Income Tax Portal - Indian Ministry of Finance has summoned Salil Parekh, the Managing Director (MD) and Chief Executive Officer (CEO) of Infosys on 23 August to seek explanation regarding the prevailing glitches in the new income tax portal, an official Twitter Handle of Income Tax India @IncomeTaxIndia said
Sat, Aug 14, 2021
The deadline for filing ITR for the last financial year was extended to September 30, 2021, in a bid to provide relief to taxpayers amid the pandemic.
Wed, Aug 11, 2021
The last date for filing ITR for last financial year has been extended till September 30, 2021, from July 31 to give taxpayers compliance relief during the pandemic.
Sat, Aug 07, 2021
The Central Board of Direct Taxes issued Income tax and corporate tax refunds of Rs 13,694 crore in 20,12,802 cases & Rs. 32,203 crore cases, respectively.
Thu, Aug 05, 2021
As per the information provided by the Income Tax Department, section 17 of the Income-Tax Act defines the term ‘salary’. Generally whatever is received by an employee from an employer in cash, kind or as a facility (perquisite) is considered as salary.
Wed, Jul 28, 2021
In the present era, especially in the wake of first and second coronavirus waves, undertaking jobs on a freelance basis has become one of the most promising patterns of working/work culture.
Tue, Jul 27, 2021
The mobile app has various other features like Locate a Tax Return Preparer near you, Tools for calculating your taxes, ASK IT - A ChatBot, Tax Gyaan - A Game
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