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You Searched For "The Income Tax department" and got 20 results


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2 mins read

Income Tax dept to hire 50 young law, accountancy grads for better litigation at ITATs

The Income Tax Department has decided to temporarily hire 50 young law and chartered accountancy gr…

PTI   


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5 mins read

Illinois is launching a basic income pilot for 400 families in the child welfare system in the hopes of reducing maltreatment

Illinois' guaranteed basic income program will give no-strings-attached cash to families in the chi…

Allie Kelly   


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6 mins read

Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget

From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…

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3 mins read

IT department releases ITR 1 and ITR 4 offline forms ahead of time

The Indian Income Tax Department has released offline utilities for ITR Forms 1 and 4 that can be u…

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3 mins read

ITR filing: Your guide to Form 26AS and why you should check for TDS discrepancies

To check if your employer has deducted TDS, follow these steps. First, register on the Income Tax D…

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4 mins read

Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI   


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1 min read

ED conducts raids against Hero Motors' Pawan Munjal

The Enforcement Directorate on Tuesday conducted raids against Hero Motocorp executive chairperson …

PTI   


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2 mins read

Higher cash seizures being recorded by I-T dept every assembly polls: CBDT

Cash seizures made by the Income-tax department during successive assembly elections have shown a s…

PTI   


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3 mins read

How HRA exemption can help you save tax in 2023-24

HRA exemption is available only if you are living in a rented house and opt for the old tax regime.…

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2 mins read

Income Tax department raids freshly listed Mankind Pharma’s premises over alleged tax evasion

The Income Tax department on Thursday conducted searches on the premises of Mankind Pharma over all…

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2 mins read

Senators ask DOJ to investigate 'serious possibility of additional tax fraud' by Clarence Thomas

Two Democratic Senators asked Attorney General Merrick Garland to launch a special counsel investig…

Katherine Tangalakis-Lippert   


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6 mins read

Are you an NRI having income in India? Here’s how you will be taxed

You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…

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1 min read

Enforcement Directorate files case against BBC for irregularities in foreign funds

The Enforcement Directorate has filed a case against BBC India under Foreign Exchange Management Ac…

ANI   


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4 mins read

Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans

Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…

Allie Kelly,Noah Sheidlower   


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2 mins read

BBC India survey indicated tax evasion on remittances, discrepancies in transfer pricing: Govt

The Income Tax Department gathered several evidences pertaining to the BBC India's operation which …

ANI   


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2 mins read

This state just inched closer to giving every resident a $750 universal basic income each year with no strings attached

Oregon residents may soon vote on a universal basic income program that would give every resident $…

Erin Snodgrass   


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4 mins read

ITR filing deadline is today – If you miss it, there are more consequences than just a penalty

The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…

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4 mins read

Looking to file taxes on your own? Here is what you need to keep in mind

It is that time of the year again – when we have to file our taxes. While we can take the services …

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3 mins read

Made a mistake while filing tax returns? Here’s how to file a revised ITR

The process of revising a tax return involves making necessary updates and corrections to a previou…

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2 mins read

Revamped income tax portal: Five new features we like the most

The new and revamped income tax portal is here and a visit shows a completely new look design which…