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2 mins read
51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime, notes FinMin data
The total number of ITRs for AY2024-25 filed till July 31, 2024, is more than 7.28 crore.
ANI
3 mins read
Five things to remember as you file your ITRs at the last minute
ITR-1 form is designed for resident individuals who have income from salary, one house property, an…
1 min read
Provisions of TDS/TCS, in case of death of deductee or collectee relaxed by govt
On April 23, 2024, CBDT extended the date for linking of PAN and Aadhaar May for the taxpayers (for…
ANI
3 mins read
ITR filing: Documents you need to file your income tax return
If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS …
4 mins read
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
1 min read
Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department
The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…
PTI
2 mins read
Govt to impose fine for not updating Aadhar information by Sep 14 — here’s how you can do it from home in 10 min
Have you updated your Aadhar details yet? Here's how to do it completely free of charge!
1 min read
Pay old age pension even without Aadhaar cards: Allahabad HC
The Lucknow bench of the Allahabad High Court has directed the state government to pay old age pens…
2 mins read
54th GST Council meeting to take place on September 9 in New Delhi
The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…
ANI
2 mins read
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
2 mins read
Did you know about the only Indian state exempt from paying any income tax? Know all about it here
Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…
2 mins read
Carlyle-backed Hexaware Tech files draft papers with Sebi for ₹9,950 crore IPO
CA Magnum Holdings has 95.03 per cent stake in the IT company. Since the entire issue is a…
PTI
3 mins read
Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams
There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…
4 mins read
India’s Income Tax Burden: Mere 0.3% of adult population account for 76% of total personal IT receipts
Data shows that currently India has 66.5 million individuals who pay personal income tax, which is …
4 mins read
All you need to know about linking Aadhaar to PAN
You can go to the Income Tax India website and link your PAN with Aadhaar by paying a late fee of ₹…
2 mins read
Only 2 days left to link PAN with Aadhaar – Missing the deadline will lead to PAN deactivation and more
The Finance Ministry had extended the deadline to link one’s Permanent Account Number (PAN) with Aa…
2 mins read
Deadline to link Aadhaar and PAN extended to 30 June, 2023
The deadline to link PAN and Aadhaar has been extended to 30 June 2023 from the earlier deadline of…
4 mins read
A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks
The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requireme…
Cork Gaines
6 mins read
Are you moonlighting? Here is what to know when filing your taxes
Moonlighting is the act of engaging in a secondary job or additional work alongside one's primary e…
6 mins read
New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact
A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…