Several low-wage earners in Aligarh have received massive income tax notices due to identity theft involving stolen Aadh
The ELSS (Equity Linked Savings Scheme) fund is an equity-centric scheme with a lock-in period of three years. One can i
IT dept rejects PB fintech subsidiarys Rs 86 Cr expense claim, issues Rs 9 Cr demand notice
The Income Tax Department has disallowed Rs 85.6 crore in expenses claimed by PB Fintechs subsidiary, Paisabazaar Market
Sanitation worker in Agra receives Rs 34 crore Income Tax notice
Karan Kumar, earning Rs 15,000/month, suspects misuse of his PAN details
Income Tax: Sometimes the tax department makes errors in sending intimations, notices, others and this results in proble
Swiggy shares in focus after Rs 158 crore tax demand, firm plans to appeal
Swiggy shares: Earlier, the Bengaluru-based company received notices from the Income Tax Department regarding unpaid due
Swiggy faces Rs 158 Cr tax demand over alleged discrepancies; co plans to repeal
The Income Tax Department has issued a tax demand of Rs 158.25 crore to food delivery platform Swiggy Ltd. for the asses
Swiggy Gets Rs 158-Crore Assessment Order From Income Tax Department
The alleged tax evasion pertains to cancellation charges paid to merchants, and on the interest income on income tax ref
From New income tax slabs to UPS: 8 key financial changes from April 1, 2025
Starting April 1, 2025, new rules will change income tax slabs, increase TDS thresholds, and implement the Unified Pensi
Income Tax Changes From April 1: Revised Rules To Save More Money In Your Pocket Here's How
India follows two different taxation regimes: old and new. The tax rates for different income levels under the new regim
Income tax changes from April that will put more money in your pocket
McDonald's, KFC Operators Are Goldman Sachs' Top QSR Picks
The recently announced income tax cuts will benefit QSR companies by increasing disposable incomes, according to Goldman
New Financial Year 2025, new tax laws: Today marks the beginning of the new financial year 2025-26. With the new year, a
As the new financial year begins today, on April 1, 2025, we take a look at what changes for UPI payments, GST rates, in
From April 1, 2025, significant financial and regulatory changes will affect taxpayers, digital payment users, and pensi
From pension bonanza to GST tweaks: 10 changes that kick in today
Starting April 1, 2025, various regulatory and financial changes, including revised income tax slabs, updated UPI regula
CBDT recovers Rs 92,400 crore in outstanding tax
The Central Board of Direct Taxes (CBDT) recovered 92,400 crore in outstanding tax for the financial year 2024-25 until
Income Tax Dept sends notice to Bosch for Rs 20 crore
Auto components manufacturer Bosch Limited said on Monday that it has received a tax demand notice of more than Rs 20 cr
Key changes in income tax, GST and Banking from April 1: Heres all you need to know
Watch the video to know more
Deepak Fertilisers arm gets demand notice of Rs 226 cr from Income Tax dept
Deepak Fertilisers' subsidiary, Mahadhan AgriTech Ltd, faces a Rs 226.32 crore penalty from the Income Tax Department fo
Income Tax Dept asks Bosch to pay up Rs 20 crore
New Delhi: Auto components manufacturer Bosch Limited said Monday that it has received a tax demand notice of more than
Watch viral video: After juice seller, locksmith receives Rs 11,11,85,991 notice from Income Tax
Aligarh: Last week, a juice shop owner in Aligarh received a notice of Rs 7.79 crore from the Income Tax Department, whi
Bosch Faces Rs 20 Crore Tax Demand
The order is passed by the assessment unit, Income Tax department, it added.
Bosch gets demand notice of over 20 crore from Income Tax dept
Bosch said a demand has been raised for 18,36,85,366 and an interest of 1,80,14,645
Bosch gets demand notice of over Rs 20 cr from Income Tax dept
Bosch Ltd has received a demand notice from the Income Tax department for over Rs 20 crore, including interest, for the
Key tax things to look out with effect from April 1, 2025
For individual opting new Income Tax regime, the limit of total income to avail rebate under section 87A will now be 12
Claimed HRA but skipped TDS? Income Tax department comes knocking with notices
Taxpayers claiming HRA exemptions but failing to deposit TDS on rent are receiving Income Tax Department notices. Under
Deepak Fertilisers Unit Gets Rs 252.52 Crore Tax Demand, Appeals To ITAT
The company has filed an appeal with the Income Tax Appellate Tribunal, demanding to quash the penalty order.
Fixed deposit: There are banks who are offering up to 8.6% interest rate on fixed deposits (FD) worth less than Rs 3 cro
Crypto traders dodging TDS via Binance under I-T lens
Over the past few weeks, the Indian Income Tax department has been investigating whether the 1% TDS on crypto transactio
I-T dept imposes Rs 944 cr penalty on IndiGo; airline to contest order
NEW DELHI, Mar 30: The Income Tax Department has slapped a penalty of Rs 944.20 crore on IndiGo, which said it will cont
IndiGo faces 944 crore income tax penalty, calls order erroneous
IndiGos parent rejects tax ruling, says dispute still unresolved
IndiGo faces Rs 944 crore tax penalty, airline calls it erroneous
Mumbai: With the Income Tax Department imposing a penalty of Rs 944.20 crore on IndiGo, Indias largest airline has terme
CBI arrests 5 Hyderabad IT officials, one chartered accountant for tax fraud
Hyderabad: The Central Bureau of Investigation (CBI) has registered a case against six income tax officials, including f
IndiGo said it will contest a 944.20 crore penalty from the Income Tax Department, which it called erroneous. The compan
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IndiGo Slapped With Rs 944 Crore Tax Penalty, Calls It Erroneous
The Indian aviation major received a penalty order from tax authorities under Section 270A of the Income Tax Act.
Income Tax Budget 2025 | UPI New Rules 2025 | Pension News 2025 | Changes From April 2025 | N18S
Income tax, Pension Scheme, UPI, financial changes that are coming to effect from the 1st of April. n18oc_shorts News18
IndiGo gets 944 cr penalty order from Income Tax Dept
The order, according to stock exchange disclosure, pertains to the assessment year 2021-22.
April 1 rule change: New income tax rule changes, credit card rule change, UPI rule change and a host of other personal
Income Tax Deadline! Last 2 days to invest in tax-saving instruments for FY 25. Check details here
There are multiple tax-saving options available for taxpayers. These include PPF (Public Provident Fund), NSC (National
Income Tax department slaps Yes Bank with Rs 2,209 crore demand notice
The bank stated that a demand notice under Section 156 of the Income Tax Act, including Rs 243.02 crore in interest, was
CBI registers case against six, including five Hyderabad-based income tax officials
Hyderabad: The Central Bureau of Investigation (CBI) has registered a case against six individuals, including five Hyder
Income Tax Rule Changes: Six Major Changes For Salaried Employees Starting April 1
A few new income tax rules taking effect from April 1, 2025, will impact salaried employees. Knowing them would help the
Yes Bank receives demand notice of 2,209 crore from Income Tax Department
The assessment year was reopened by the income-tax department in April 2023, Yes Bank said in a regulatory filing
Police seize Rs 2.7 crore from autorickshaw near Island in Kerala
KOCHI: Police on Saturday seized unaccounted money worth Rs 2.7 crore from an autorickshaw parked near Kannengatt Bridge
CBI books case against 5 Income Tax officials and another person for cheating assesses
The case was booked following allegations that the public servants duped Income Tax assesses and obtained undue advantag
Income Tax Department Recruitment 2025 - Apply Offline for Inspector, Assistant Posts
Income Tax Department Recruitment 2025 Apply Offline: Income Tax Department has announced the recruitment of 02 Inspecto
ICICI Prudential Life Insurance gets demand notice of Rs 328.4 crore from Income Tax Department
ICICI Prudential Life Insurance on Friday said it has received a demand notice of Rs 328.41 crore for the assessment yea
Coforge faces Rs 184.98 crore tax demand over transfer pricing dispute
Coforge Limited has received a tax demand of 184.98 crore from the Income Tax Department due to claimed transfer pricing
Income tax calculator: The new income tax slabs will be applicable from April 1, 2025. Further, there will be no income
TDS on house property: The Income Tax Department said to follow Section 194 IA which relates to Tax Deducted at Source (
Mr. Choudhary, who also holds the finance portfolio, said the Government will speak to the Central Bureau of Investigati
Several financial institutions, including LIC, the Income Tax Department, and insurance companies, will remain operation
Major Income Tax Changes Effective From April 1: New Tax Slabs, Rebate Explained
Under the new rules, there will be no income tax on annual income up to Rs 12 lakh.
Leave Travel Allowance (LTA): Eligible employees who have an holiday on March 31, 2025 on account of Eid al-Fitr can mak
RBI mandates banks to conduct special clearing operations on Monday
The Reserve Bank of India (RBI) mandates all banks to participate in special clearing operations on March 31, 2025, to e
Central GST offices to remain open on Mar 29-31
New Delhi, Mar 28: Central GST (CGST) field offices will remain open on March 29-31, the Central Board of Indirect Taxes
Prince Suman, an egg seller in Madhya Pradesh, got an Income Tax notice for Rs 50 crore. Investigation revealed that fra
Central GST Offices To Remain Open On March 29-31
New Delhi, Mar 28: Central GST (CGST) field offices will remain open on March 29-31, the Central Board of Indirect Taxes
$1428 CWB 1st Quarter Payment 2024: Check Worker BenefitPaymentDate & Eligibility
$1428 CWB Payment 2024 is a refundable tax credit. The Government will provide financial support to the Citizens with lo
A sequel to Raid, based on the longest income tax raid ever conducted in India, the new film finds Devgns character on a
Equity tax-loss harvesting is a double-edged sword, make sure it works for you
Equity tax-loss harvesting: Many stock market investors use equity tax-loss harvesting as a tool to save income tax on t
Income Tax officials can access your bank, email, social media accounts? Know what it means
The new Bill has raised concerns among legal experts and privacy advocates. Critics argue that the broad definition of v
IT offices to remain open on March 29-31
NEW DELHI, Mar 27: Income Tax Department offices across the country will remain open on March 29 to March 31 to facilita
Opposition MPs slam Centres silence on looming US tariffs, demand clear stance
Opposition lawmakers on Thursday questioned the government's response to US President Donald Trump's tariff threats, wit
Policies in India made for 'Bombay club', says RJD MP
Rashtriya Janata Dal (RJD) MP A D Singh also said that only a small section of the population has benefitted from the in
Millions of Americans have not filed their taxes yet with only three weeks left until the April 15 deadline. The IRS has
Income Tax update: March 31 is the last date to revise AY 2022-23 returns
The Finance Act 2022 allows for updated returns to be filed within 24 months of the assessment year, but additional taxe
Want To Invest In FDs Before Mar 31 To Save Tax? Compare Returns Against Other Assets
As the financial year comes to an end, its the most opportune time to pick tax-saving bank FDs before Mar. 31 to maximis
Haryana declares restricted holiday for Eid-ul-Fitr on March 31 citing financial year closing
The Haryana government has announced that Eid-ul-Fitr on March 31 will be a restricted holiday instead of a gazetted hol
IT deptt offices to remain open on March 29-31: CBDT
NEW DELHI, Mar 27: Income tax department offices across the country will remain open on March 29 to March 31 to facilita
I-T Deptt Offices to remain open on Mar 29-31: CBDT
New Delhi, Mar 27: Income tax department offices across the country will remain open on March 29 to March 31 to facilita
I-T Deptt Offices To Remain Open On March 29-31: CBDT
New Delhi, Mar 27: Income tax department offices across the country will remain open on March 29 to March 31 to facilita
I-T dept offices to remain open on March 29-31: CBDT
Income tax offices across India will remain open from March 29 to March 31, 2025, to assist taxpayers as the fiscal year
Many taxpayers have received a notice from the Income Tax Department pertaining to the assessment years 2023-2024 and 20
With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax
Income Tax Stenographer Grade I Recruitment 2025 - Apply Offline for 46 Posts
Income Tax Recruitment 2025 Apply Offline: Income Tax has announced the recruitment of 46 Stenographer Grade I in 2025.
Despite no investment you can still get Section 80C income tax deduction if you invested in NSC
Save income tax: National Savings Certificate is a fixed-income investment scheme that's backed by the Government of Ind
Several financial deadlines and regulatory changes will take effect by March 31, 2025. These include the last opportunit
5 CISF personnel held for heist posing as I-T officers in Bengal
Five CISF personnel, including an inspector and constables, have been arrested by Bidhannagar Police for posing as incom
Bugbear for opposition leaders, ex-ED chief Sanjay Mishra now dons new hat as economic advisor
NEW DELHI: A bugbear for many opposition leaders, one of the longest serving Enforcement Directorate (ED) chiefs Sanjay
Missed Advance Tax Deadline? Here's How Salaried Employees Can Avoid Interest Charges
Salaried employees who miss the advance tax deadline may face interest charges under Sections 234B and 234C of the Incom
I-T Rules Amended: How Safe Harbour Law Expansion Benefits Indias EV Industry
The Central Board of Direct Taxes has amended safe harbour rules under the Income Tax Act, increasing the threshold to R
Nudge campaign led to declaration of foreign assets, income of Rs 30,300 crore: FM Sitharaman
Union Finance Minister Nirmala Sitharaman said that a special campaign carried out by the Income Tax Department has led
New ITR Rule From April 2025: How Mismatched Tax Returns Could Impact You
From April 2025, the Income Tax Department will compare your current ITR with previous years filings to identify discrep
Monsoon session to take up new IT Bill
Finance Minister Nirmala Sitharaman indicated that the new income tax bill will be addressed in the upcoming monsoon ses
Rs 30,300 Crore Declared After 'Nudging' Taxpayers To Declare Foreign Assets: Sitharaman
This disclosure followed a 'nudge' campaign where 19,501 select taxpayers were contacted via SMS and email to
Conservative Leader Pierre Poilievre promises significant income tax cuts if elected, potentially saving the average Can
Block Assessment for Undisclosed Income Only
This move of the government reflects a paradigm shift where the main objective of a search or requisition is to identify
Finance Minister Nirmala Sitharaman announces unprecedented tax relief and realistic growth projections in personal inco
New Income Tax Bill To Be Introduced In Monsoon Session: Nirmala Sitharaman
The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala S
New Income Tax Bill to be introduced in monsoon session: FM Sitharaman
New Delhi: The new Income Tax Bill will be discussed in the Parliaments monsoon session, Finance Minister Nirmala Sithar
New Income Tax Bill to be discussed in monsoon session: FM Sitharaman
New Delhi, Mar 25: The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance
Parliament to discuss new Income Tax Bill in Monsoon Session: Nirmala Sitharaman
Ms. Sitharaman said the new Income Tax Bill is currently being vetted by the Select Committee and it is has been mandate
Parliament To Discuss New Income Tax Bill In Monsoon Session: Sitharaman
Sitharaman emphasised the government's efforts to cater to India's aspirations by rationalising the tax system
New Income Tax Bill To Be Taken Up For Discussion In Monsoon Session: Sitharaman
New Delhi, Mar 25: The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance
NEW DELHI: The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Ministe
Income Tax Saving: Ayodhya Ram Mandir Donation Can Get You 50% Deduction Heres How
Donations to the Shri Ram Janmabhoomi Teerth Kshetra Trust for the Ayodhya Ram Mandir are eligible for a 50% tax deducti
New Income Tax Bill to be taken up for discussion in monsoon session of Parliament: FM Sitharaman
Finance Minister Nirmala Sitharaman announced that the new Income Tax Bill will be discussed in the upcoming monsoon ses
Salaries, allowances of MPs hiked; income rises to....
The Indian government has increased the salaries of Members of Parliament (MPs) by 24 percent, effective April 1, 2023.
UP same but perception has changed: CM Yogi Adityanath shares report card of his eight years
LUCKNOW: Uttar Pradesh CM Yogi Adityanath claimed that good governance coupled with fast-paced robust economic growth is
The governments Finance Bill 2025 amendments include scrapping the 6% equalisation levy on online advertising and revisi
Centre notifies 24 per cent salary hike for MPs, effective from April 2023
The Centre on Monday notified a 24-per cent hike in the salaries of members of Parliament with effect from April 1, 2023
RCB legend Virat Kohli to pay this huge amount as income tax for his IPL 2025 salary
Virat Kohli's IPL journey since 2008 has resulted in a remarkable Rs 179.70 crore in salary earnings. His consistent per
Over 90 lakh updated tax returns filed, Rs 9,118 crore additional taxes mobilised
Over 90 lakh updated Income Tax Returns (ITR-Us) have been filed in the past four years, resulting in Rs 9,118 crore in
How To Respond To Income Tax Notice Follow These Steps To Avoid Penalties
Receiving an income tax notice can be stressful, but understanding its purpose and responding correctly can help avoid p
Care Health Insurance gets Rs 104.7 cr demand notice from Income Tax Dept
NEW DELHI, Mar 24:Religare Enterprises Ltd (REL) on Monday said its subsidiary Care Health Insurance has received a dema
Income Tax: NPS Vs PPF Vs EPF Where To Invest More Before The Financial Year Ends?
With tax-saving benefits and long-term security, NPS, PPF and EPF are among the best investment choices.
Have You Met Your Income Tax Deadlines? Heres What Needs To Be Done Before March 31
With the financial year-end approaching, taxpayers must meet a few important income tax deadlines to avoid penalties and
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Self-motivation key to success in UPSC exams, students told
Additional Commissioner of Income Tax P. Sridharan shares his thoughts on the ways of cracking the UPSC examinations
Income Tax Department Stenographer Grade - I Recruitment 2025 - Apply Offline for 22 Posts
Income Tax Department Recruitment 2025 Apply Offline: Income Tax Department has announced the recruitment of 22 Stenogra
What Income Tax Bill 2025 means to real estate sector
While the removal of indexation benefits introduces fresh challenges, provisions such as the two-year relief on unsold i
Income Tax Return: Who Needs To File ITR In India?
Under the old tax regime, individuals below 60 years must file an ITR if their income exceeds 2.5 lakh, while those abov
BJP MLA offers land to speed up long-pending college project in MP's Bhind
BHOPAL: A ruling BJP MLA from Bhind district of Madhya Pradesh has offered to donate land for establishing a college wh
Two-third of 43 lakh crore tax demand 'difficult' to collect: Income Tax Dept
The Income Tax Department has informed a Parliamentary panel that two-thirds of the Rs 43 lakh crore outstanding tax dem
Income tax tribunal ruling clarifies capital gains tax liability for property owners
The ITAT decided that merely having one's name on a property title does not automatically mean ownership if there is cle
Form panel to tackle pending tax appeals: Parliamentary panel
A parliamentary committee urged the revenue department to form an expert panel for resolving litigation, with 621,000 ta
IBBI makes detailed disclosure of carry-forward losses in insolvency process mandatory
The IBBI has mandated that insolvency professionals must include the quantum of carry-forward losses under the Income Ta
Income Tax: Avoid Interest On Advance Tax Shortfall By Doing This Before March 31
Avoid last-minute tax shocks by informing your employer of extra income before March 31, 2025.
ITR Guide For Beginners: How To File Income Tax Return In India All Steps Explained
Filing Income Tax Returns on time ensures compliance with tax laws and helps you claim deductions. Understanding the pro
Tax Department Invites Stakeholder Inputs For Drafting Income Tax Rules Under Proposed Bill
CBDT seeks input to refine and simplify the Income Tax process for taxpayers.
CBDT Seeks Inputs on Income Tax Bill 2025
The Central Board of Direct Taxes invites suggestions to simplify tax processes and reduce compliance burdens as the Inc
Central Board of Direct Taxes invites stakeholders' input for drafting I-T rules and related forms
The Central Board of Direct Taxes invites stakeholders to submit inputs for the Income Tax Bill, 2025, focusing on simpl
Income Tax Return Filing: The Ultimate Checklist For Documents Required
Having all necessary documents ready before filing your ITR streamlines the process, minimises errors and ensures you do
Indias direct tax collections surge 16 pc to Rs 25.86 lakh crore
New Delhi: Indias direct tax collections recorded a robust 16.2 per cent growth to Rs 25.86 lakh crore during April 1, 2
India's direct tax collections surge 16% to Rs 25.86 lakh crore in FY 24-25
India's direct tax collections recorded a robust 16.2 per cent growth to Rs 25.86 lakh crore during April 1, 2024 - Marc
Bank unions call for two-day nationwide strike on March 24, 25
BENGALURU: The United Forum of Bank Unions, the umbrella organisation representing nine major trade union officers and e
CBDT makes all Income Tax offences compoundable, eases rules for defaulters
The central board of direct taxes (CBDT) has made all offences under the income-tax law compoundable if the applicant is
Income Tax Department directed to share generic details of the net taxable/gross income
Income Tax Return: What To Do If Your Landlord Refuses To Share For HRA Exemption?
Salaried taxpayers claiming HRA exemption in their ITR must provide their landlords PAN if annual rent exceeds Rs 1 lakh
Advance tax deadline: Pay your final installment today to avoid penalty
The due date for paying the final installment of advance tax for the financial year 2024-25 is March 15, failing to pay
Best Tax-Saving Fixed Deposits To Reduce Your Income Tax Liability
Tax-saving fixed deposits (FDs) offer a secure investment option with guaranteed returns, while providing tax benefits u
Income Tax MTS, Stenographer and More Recruitment 2025 - Apply Online for 56 Posts
Income Tax Recruitment 2025 Apply Online: Income Tax has announced the recruitment of 56 MTS, Stenographer and More in 2
Rental Income Taxation: Heres How To Reduce Your Income Tax Burden
To support property owners, the government provides various tax benefits on let-out properties, which can be used by the
Indias GDP growth to surpass 6.5 per cent in 2025-26: Moodys
New Delhi: Indias GDP growth is expected to exceed 6.5 per cent during 2025-26 on the back of higher government capex a
The bill only reiterates existing provisions, which already allow authorised officers to inspect and seize electronic re
Include cost accountant in definition of accountant in Income Tax Bill 2025, says ICMAI
FFG questions Telangana govt paying IT tax for CM, ministers
Hyderabad: The Forum for Good Governance (FGG) has challenged the practice of the state government paying income tax for
Balancing growth with fiscal prudence
Sir, The Union Budget 2025-26 strikes a commendable balance between economic growth and fiscal discipline. The increase
IT raids on Sri Chaitanya across India, Rs 2 Cr seized from Madhapur branch
Hyderabad: Income Tax raids are being conducted since Monday, March 10, at several centers of Sri Chaitanya Educational
Income tax officials can read your emails and social media? I-T sources reveal the true plan
The new Income Tax Bill of 2025 retains the existing powers for tax authorities to access digital devices during search
New Income Tax Bill Won't Breach Taxpayers' Online Privacy: Report
The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a com
The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a com
Shah Rukh Khan Wins Tax Case As Tribunal Rules In His Favour
Actor Shah Rukh Khan has secured a big victory with the Income Tax authorities, with the Income Tax Appellate Tribunal o
He was once a covert Taliban operative. Now he's the friendly taxman.
Abdul Qahar Ghorbandi, the Director of the Taliban's Taxpayers Services Directorate in Kabul, oversees revenue collectio
Income Tax bill proposes to grant officials access to your email, social media
The Income Tax bill, introduced in February 2025, significantly expands tax authorities powers beyond the Income Tax Act
New Income Tax Bill Expands Digital Surveillance, Introduces Virtual Asset Seizure
While the bill proposed enhanced efficiency in tax enforcement, it also raises significant concerns regarding privacy, d
Lalit Modi Acquires Vanuatu Citizenship: The country's population is less than half of Noida, when compared to their gov
New income tax law gives sweeping powers to tax officials, violates right to privacy: Congress
The new law gives officials access to the email, social media, and bank accounts of anyone who gets an I-T summons, says
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Investments To Emergency Funds: 5 Ways To Use Your Annual Bonus Effectively
Following the income tax relief announced in the Union Budget 2025, employees now have the opportunity to use their annu
Centres new IT Bill poses threat to digital privacy: KTR
Hyderabad: Bharat Rashtra Smaithi (BRS) working president KT Rama Rao (KTR) on Friday, March 7 said that the Centres new
Income tax dept's drive leads to Rs 29,208 crore foreign assets disclosure
A nationwide drive by India's income tax department has resulted in taxpayers disclosing foreign assets worth 29,208 cro
ICAI submits suggestions to LS committee on new Income Tax Bill; proposes simplification
The Institute of Chartered Accountants of India (ICAI) suggested simplifying the new Income-tax Bill to the Lok Sabha Se
Taxman smells a scam in dubious agricultural income declaration
A nationwide probe by the income tax department is investigating entities declaring agricultural income of 50 lakh or mo
Cost Accountants Demand Recognition in Indias Tax Framework
The Institute of Cost Accountants of India (ICMAI), urged the government to include cost accountant in the definition of
Income Tax Return: Make Early Home Loan EMI Payments Before March 31 To Save Taxes
Home loan borrowers can claim tax benefits on both the principal and interest components of their EMIs under different s
New Income Tax Bill expands search powers to digital spaces
The updated Income Tax Bill allows officials to bypass access codes and enter personal digital spaces. The post New Inco
Taxman sends tough questions to individuals on political donations
The income tax department scrutinizes donations of 5 lakh or more made to little-known political parties during FY 2020-
New Income Tax Bill allows access to digital records, breaching privacy
In the 2025 Union budget, finance minister Nirmala Sitharaman introduced a new Income Tax Bill, a revamp of the old one
New Income Tax Bill May Allow Officials To Access Your Email, Social Media Accounts
The new Income Tax Bill, which is expected to come into effect from April 2026, allows officers to gain access of '
No Tax On Tips, Overtime Or Social Security: Inside Trump's Plan For America
US President Donald Trump on Tuesday said his administration is seeking permanent income tax cuts for all Americans, hit
BJP made history in teacher MLC elections: Bandi Sanjay
Bandi Sanjay praised the trust of teachers in Prime Minister Narendra Modis leadership, particularly highlighting promis
The incredible idea behind Trump tariffs: No income tax
US President Donald Trump proposes replacing income tax with tariffs on imports from countries like Mexico, Canada, and
The implications of treating Virtual Digital Assets as taxable properties
For the first time in India, the Income Tax Bill, 2025 explicitly treats VDAs as property and capital assets.By defining
Biggest IPO Scam? I-T Dept Probes 216 OFS Deals
The Income Tax Department is investigating 216 Offer for Sale deals between fiscal 2021 and 2024 to check for potential
Car Launches In March 2025: Maruti Suzuki e Vitara, Tata Harrier EV Among Top Vehicles To Hit Market
Following a mixed performance in Feb. 2025, automakers are expecting that the Union Budget 2025 reforms on direct income
Promoters' Exit Through OFS Under Income Tax Lens Profit Exclusive
Income Tax Department is probing 216 OFS deals, of which 86 were listed in the last fiscal alone, people in the know tol
I-T Dept investigates unlisted share transactions, tax evasion in OFS deals
The Income Tax Department is probing transactions involving high acquisition costs for unlisted stocks to reduce capital
'Won't name successor till I'm alive': Mayawati removes nephew Akash from key posts in BSP
LUCKNOW: Bahujan Samaj Party (BSP) chief Mayawati on Sunday removed her nephew Akash Anand from all party posts and said
Pakistan Faces PKR 606 Billion Tax Shortfall Amid IMF Commitments
For the July-February period, Pakistan's Federal Board of Revenue missed its targets for sales tax, federal excise
Premises linked to Shapoorji Pallonji Group surveyed by income tax department
The income tax department conducted a survey at Shapoorji Pallonji Group's Afcons Infrastructure regarding inconsistenci
Groceries, haircuts, & restaurant bills: IT dept wants details on your spending spree
The income tax department is investigating low bank withdrawals by high-income individuals and seeking detailed monthly
Tax brackets 2025 have been updated, impacting how much you owe or get refunded this year. Understanding the IRS tax ref
Income Tax dept to crack down on TDS/TCS defaulters; targets 40,000 taxpayers
The income tax department is set to crack down on individuals and businesses that have failed to deduct and deposit TDS/
DOGE Dividends, a proposal backed by Donald Trump and Elon Musk, aims to distribute government savings as cash payments
Select Panel With 31 Members Examining Income Tax Bill Holds First Meeting
The panel is mandated to submit its report by the first day of the Monsoon session, which may commence in the third week
Parliament panel examining Income Tax Bill holds first meeting
The Finance Ministry briefed the members of a Select Committee on the new Income Tax Bill, which aims to simplify the si
PM Kisan 19th Installment Released: Farmers Receive Amount with Just One Click
BHAGALPUR, BIHAR: The 19th installment of the PM Kisan Samman Nidhi scheme was released today, February 24, 2025. Prime
Will you get Trump's DOGE Dividend? Whos in, whos out, and how much? Here's all
A new proposal for a DOGE Dividend could see American taxpayers receive checks from government savingsbut not everyone w
SC dismisses NewsClicks writ petition against tax demands; grants weeks time to approach HC
NEW DELHI: Dismissing PPK Newsclick Studio Pvt Ltds Article 32 petition in relation to tax recovery demand, the Supreme
Trump has a $700 billion plan to abolish income tax and replace IRS
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Notably, the New Tax Regime stands automatically applicable to taxpayers unless one chooses to opt out of it.
High frequency indicators point at sequential pickup in economic activity: RBI bulletin
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Chandigarh Diary | Sukhbir Badals daughter gets married
Former Shiromani Akali Dal president Sukhbir Singh Badal and Bathinda MP Harsimrat Kaur Badals eldest daughter, Harkirat
Companies ramp up capex spending for stronger demand recovery in FY26
Companies like Bajaj Electricals, Arvind Ltd, and Nestle India are increasing or maintaining capital expenditures to pre
Two Held In J&Ks Kathua With Huge Amount Of Cash
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India, Qatar exchange agreement on establishment of strategic partnership
India and Qatar have signed an agreement to establish a strategic partnership, in the presence of Prime Minister Narendr
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LUCKNOW: Former Lok Sabha MP Udit Raj hit out at Bahujan Samaj Party (BSP) chief Mayawati, saying her political strength
Will the new lucid Income Tax bill reduce disputes and litigation?
The bill has now been referred to a 31-member Select Committee of the Lok Sabha, which is expected to submit its report
Experts intrigued by inclusion of electoral bonds in new Income Tax Bill
Electoral bonds have been mentioned in the new Income Tax Bill's Schedule VIII which deals with 'Income not to be includ
Data helps Taxman unearth foreign assets worth Rs 22,000 cr
The Income Tax Department's drive against undisclosed foreign assets has revealed 22,000 crore. Launched last November,
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Justices S.M. Subramaniam and M. Jothiraman direct the CBI to share info with ED, Income Tax, and Customs officials too
BJP MP Baijayant Panda to lead 31-member committee reviewing new Income Tax Bill
BJP MP Baijayant Panda has been appointed to lead a 31-member Select Committee to review the new Income-Tax Bill propose
Income Tax department activates section wise mapping of I-T Act, Tax bill
NEW DELHI, Feb 15:Income Tax payers can now match the sections of the I-Tax Act, 1961, with the corresponding clauses in
BJP MP Baijayant Jay Panda to head 31-member select committee to examine Income Tax Bill
The committee will have 31 MPs, including 17 from the NDA and 13 from the Opposition; panel is mandated to submit report
Select Committee of Lok Sabha to examine Income Tax Bill constituted
NEW DELHI: Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine t
Lok Sabha Speaker forms 31-member panel to examine Income Tax Bill
Lok Sabha Speaker Om Birla formed a 31-member committee led by BJP's Baijayant Panda to review the Income Tax Bill. The
31-Member Panel Set Up To Examine Income Tax Bill, Will Be Headed By BJP MP
Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income T
New Income Tax Bill Aims To Simplify Tax Structure And Boost MSME Growth: ICAI
With an intent to simplify the six-decade old tax framework, the main objective was to streamline the provisions, removi
The Week That Was: From Modi-Trump Meeting To New Income Tax Bill
The Reserve Bank of India ordered New India Cooperative Bank to cease daily operations immediately, effective from the c
New Income Tax Bill 2025 New ray of hope!
The new income-tax bill, likely to be implemented on 1 April 2026, aims to streamline and simplify the tax code. Expecte
New Income-Tax Bill, 2025: A simpler & more structured tax code
Income tax deductions related to salaries, gratuity, and leave encashment are grouped for better accessibility. The post
Multiple Reliefs But No Rally Yet For Indian Equity Market, Says Jefferies
The report highlights several reliefs, including pro-growth commentary from the RBI, no negative impacts from the new in
Nirmala Sitharaman defends income tax relief in Rajya Sabha; tables new Income Tax Bill in Lok Sabha
Finance minister Nirmala Sitharaman defended the income tax relief for the 2025-26 budget, highlighting its benefits for
New Income Tax Bill: Expert takes
The new Income Tax Bill 2025 modernizes India's taxation system by simplifying processes, eliminating outdated provision
Finance Ministry taps ICAI for inputs on New Income Tax Bill
The finance ministry has tasked the Institute of Chartered Accountants of India (ICAI) with reviewing the new income tax
Income Tax Bill 2025: 'Scope of virtual digital assets unchanged'
The Central Board of Direct Taxes clarified that the new Income Tax Bill 2025 does not alter the scope of virtual digita
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India's Income Tax Bill 2025 simplifies the archaic Income Tax Act of 1961 with fewer sections and clearer guidelines, p
Chequered Flag Feb. 13: Headlines At A Glance
Today's stories include the new Income Tax bill highlights, President's rule in Manipur, and more.
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New Income Tax Bill Introduces 'Tax Year' Concept: No More FY, AY Confusion For Taxpayers
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New Income Tax Bill Shows Predictability, Stability, Continuity: EY's Pranav Sayta
Sayta says the bill is largely in line with expectations.
Five Ways New Income Tax Bill Is Simpler Than Old Income Tax Act
The new income tax bill removes unwanted provisions, shortening its length by nearly half.
New Income Tax Bill 2025 Moves Section 80C Deductions To New Clauses
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New Income Tax Bill: Key Questions Answered
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The time frame for filing updated returns is extended from two years to four years.
Amid Chaos, New Income Tax Bill Tabled In Parliament, Sent To Committee
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on Feb
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Opposition members opposed Income Tax Bill
Lok Sabha adjourned till March 10 after uproar over JPC report on Waqf Bill
Lok Sabha proceedings were adjourned till March 10, bringing the first part of the Budget Session to a close on Thursday
Income Tax Bill 2025 introduced in Lok Sabha; sent to select committee
New Income Tax Bill introduced in Lok Sabha, Opposition walks out in protest
Lok Sabha adjourned to meet on March 10 for second half of Budget session
New Income Tax bill introduced in LS; Centre asks speaker to refer it to select committee of House
Union Finance Minister Nirmala Sitharaman on Thursday introduced the Income Tax Bill, 2025, in the Lok Sabha and urged S
Union finance min Sitharaman introduces Income Tax Bill 2025
Union Finance Minister Nirmala Sitharaman tabled the income tax bill 2025 in the Lok Sabha on Thursday, February 13. The
New Income Tax Bill Tabled In Lok Sabha
Finance Minister Nirmala Sitharaman tabled the new Income Tax Bill 2025 in Lok Sabha today.
New Income Tax Bill 2025: FM Nirmala Sitharaman tables the new income tax bill in Lok Sabha
New Income Tax Bill 2025: FM Nirmala Sitharaman tables the new income tax bill in Lok Sabha
Nirmala Sitharaman tables new Income Tax Bill in Lok Sabha
The new Income Tax Bill, tabled by Nirmala Sitharaman, aims to simplify and modernize India's tax system. It will replac
New Income Tax Bill more complicated than previous one: Congress MP Manish Tewari
NEW DELHI: Congress MP Manish Tewari on Thursday criticized the new Income Tax Bill, arguing that, contrary to Union Fin
Income Tax Bill 2025: What You Need to Know About The Overhauled Tax Code
Parliament Budget Session Day 9 LIVE: FM Sitharaman to introduce new Bill on income tax law reforms
The report of the joint committee of Parliament on the Waqf (Amendment) Bill is also likely to be tabled today
LIVE | FM Sitharaman tables New Income Tax Bill in Lok Sabha
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A new Income Tax bill -- promised by Union finance minister in her last year's budget -- will be tabled in parliament to
Buy air tickets from panchayats soon, says Shah
NEW DELHI: Union Minister of Home Affairs and Cooperation Amit Shah said on Wednesday that each panchayat in the country
New Income Tax Bill likely to be introduced in parliament today; here is what to expect
The Union Cabinet last week cleared the new Income Tax bill. Sitharaman had indicated earlier that the bill will be sent
The Income Tax Bill 2025 aims to simplify the tax system by dropping obsolete provisions, decriminalizing many offences,
Govt. set to introduce new Bill on income tax law reforms
Finance Minister Nirmala Sitharaman had mentioned it during her Budget speech on February 1
ET Graphic: Making IT less taxing
Income tax return filers have more than doubled in a decade, while collections have surged nearly fourfold. For the next
Indias New Income Tax 2025 blueprint: Simpler taxes, stricter penalties
The Income Tax Bill, 2025, introduces a streamlined tax regime with revised slabs and lower compliance burdens while imp
New Income Tax Bill 2025: Govt proposes taxpayers charter to boost transparency & trust
The new Income Tax Bill, being presented in Parliament, includes provisions for the Central Board of Direct Taxes to ado
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Government lists Income-Tax Bill, 2025 for introduction in LS on February 13
NEW DELHI: The government has listed a bill to consolidate and amend the law relating to income-tax for introduction in
New Income Tax Bill: NRIs Earning Over Rs 15 Lakh In India May Be Classified As 'Residents'
Bill to propose inclusion of provisions of virtual digital assets. Notably, only income earned within India would be sub
Reader Friendly, Tables For Calculation Among Key Features Of New Income Tax Bill
The simplified Income Tax Bill 2025, which brings in the concept of 'tax year' and abolishes the archaic and complicated
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New Income Tax Bill 2025: We cover everything from tax slabs and the old vs. new regime to the latest rules and exemptio
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New Delhi: The new Income-Tax (I-T) Bill, announced by Finance Minister Nirmala Sitharaman during her Budget speech on F
The new Income Tax Bill, set to be introduced in the Lok Sabha, will replace the Income Tax Act, 1961. It includes 536 s
The Income Tax Bill, 2025 comprises 536 sections, higher than 298 sections of the current Income-Tax Act, 1961. The exis
New, simplified tax Bill to be tabled in LS on Thursday
NEW DELHI: The New Income Tax Bill, which will be tabled in Parliament on Thursday, is longer than the existing one with
New Income Tax Bill to have 622 pages, 536 sections; likely to be tabled in Par on Thursday
NEW DELHI, Feb 12: A crispier and simplified Income Tax Bill 2025, having 536 sections, and 23 chapters running into 622
New Income Tax Bill Likely To Be Tabled Thursday Profit Exclusive
New Tax bill proposes to convert sub-sections to full sections for clarity. The bill proposes 536 clauses, which will be
Only empty promises, no specific roadmap, says Opposition on Union Budget
Opposition members say there is a fall in private investment, misleading information on income tax cuts, low allocation
The New Income Tax Bill A Step Toward Fewer Disputes!
A new Income Tax Bill is on the horizon that could potentially change the way both individuals and corporates deal with
New Income Tax bill likely to be introduced in Lok Sabha on Thursday
The Indian government plans to introduce a new Income Tax Bill in the Lok Sabha on Thursday. The move aims for comprehen
Opposition MPs in Rajya Sabha criticised the Union Budget for failing to address issues such as unemployment and farmer
New Income Tax Bill To Be Tabled In Parliament On Thursday: Sources
A new Income Tax bill -- promised by Union finance minister in her last year's budget -- will be tabled in parliament on
ED arrests former MP transport dept constable, key aides in money laundering case
BHOPAL:Nearly 50 days after lodging a case under the Prevention of Money Laundering Act (PMLA) against crorepati Saurabh
Net direct tax kitty swells 15 pc to Rs 17.78 lakh crore till Feb 10
Net direct tax collection in New Delhi grew 14.69% to over Rs 17.78 lakh crore this fiscal, with personal income tax up
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IRS Income Tax Refund Schedule 2025 is here, and taxpayers are eager to know when they will receive their refunds. The I
Rajnath Singh says I-T relief will fuel demand, urges investors to go long on India
Defense Minister Rajnath Singh urged global investors to invest in India, citing its political stability, rule of law, a
Delhivery may be a key beneficiary of a potential pickup in e-commerce growth as income tax cuts take effect from FY26,
New Income Tax Bill likely to be tabled by Finance Minister Nirmala Sitharaman in Parliament today
Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill which aims to simplify and modernize Indias
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Congress MP Manickam Tagore gave notice to move a motion for the adjournment of the Business of the House in the Lok Sab
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Shivanand Pandit During her Union Budget 2025 speech on February 1, Finance Minister Nirmala Sitharaman announced that s
Budget politically driven with Delhi polls in mind: P Chidambaram
NEW DELHI: Congress leader P Chidambaram on Monday said the Union Budget 2025-26 was a 'politically-driven budget' with
The new Income Tax Bill is contemplated to raise the level of transparency in tax laws by adopting clear and unambiguous
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The Union Budget 2025 introduces a new Income Tax Bill to replace the 1961 Income Tax Act, simplifying tax laws. The new
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New I-T Bill to be tabled next week in LS
The new income-tax bill will replace the existing six-decade old Income-tax Act. The bill aims to simplify the language
Parliament Budget Session to resume today
New Delhi: The Budget Session of Parliament will reconvene on Monday, with both the Lok Sabha and Rajya Sabha set to mee
Revised income tax law to eliminate obsolete, redundant provisions: Experts
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Tax cuts to boost consumption, recovery in urban markets, says Marico's Saugata Gupta
The recent reduction in income tax rates for individuals is expected to boost consumption in various sectors such as tra
Focus on fiscal consolidation, growth supports India's credit profile: CareEdge Global
The Union Budget for 2025-26 emphasizes fiscal consolidation and economic growth, maintaining the deficit-to-GDP ratio a
Union Cabinet Approves New Income Tax Bill To Replace Six-Decade-Old Law: Report
Hope to introduce new income tax bill in Lok Sabha next week: FM Sitharaman
Finance Minister Nirmala Sitharaman plans to introduce a new income tax bill in the Lok Sabha next week, aiming to repla
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In 2025, the BJP ended AAP's 12-year rule in Delhi with a landslide victory. Key factors included anti-incumbency agains
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India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 9
India slashes income taxes and rates, but Modi govt has to convince investors
Prime Minister Narendra Modi aims to revive India's slowing economy through tax and interest rate cuts. Despite these ef