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Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

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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   


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Direct tax collections rise 18% so far in current financial year

The government's gross direct tax collections have risen by 16.77 per cent to touch Rs 17.18 lakh c…

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4 mins read

All you need to know about Ola Electric's IPO: Should you subscribe or not?

With a price band of Rs 72–76 per share, only 10% of the issue is available for retail investors. I…

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Infosys says Karnataka govt withdrawing pre-show cause notice on GST notice

Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice iss…

ANI   


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4 mins read

Direct File is the most important tech product of 2024, helping you to finally file your taxes for free

Direct File will be the top tech product to compete against Apple and OpenAI. The tax filing servic…

Alistair Barr   


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Direct Tax Collections (FY 2022-23) records growth at ₹15.67 lakh cr

Direct Tax collections up to February 10 showed that gross collections are at ₹15.67 lakh crore …

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Direct tax collections rise 31% to ₹10.54 lakh crore in FY23 so far

Direct tax collections, up to November 10, stood at Rs 10.54 lakh crore, 30.69 per cent higher than…

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1 min read

FM urges I-T officials to expedite returns, refund process and grievance redressal

Finance Minister Nirmala Sitharaman on Tuesday urged income tax (I-T) officials to follow the three…

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2 mins read

The IRS announced an 'all hands on deck' approach to get millions of delayed taxpayer refunds to Americans by year's end

Millions of Americans have been waiting on their tax refunds for months. The IRS is determined to f…

Juliana Kaplan,Joseph Zeballo…   


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4 mins read

An IRS worker in Kansas City is trying to make sure you get your tax refund — if he can find any staples: 'We're real people just like you'

Shawn Gunn searches for staples amid cubicles stuffed with paper at a facility in Kansas City. The …

Juliana Kaplan   


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FM Nirmala Sithraman keeps tax slabs unchanged

As expected and in relief for the citizens, the central government neither tweaked nor put any addi…

ANI   


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Direct tax collection grows 23.8% to ₹ 8.98 lakh cr till Oct 8

Direct Tax collection up to October 8 stood at Rs 8.98 lakh crore, which is 23.8 per cent higher th…

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1 min read

Direct tax refunds of over ₹1.21 lakh crore issued since April

The Central Board of Direct Taxes (CBDT) has so far issued refunds of over Rs 1.21 lakh crore to ne…

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5 mins read

Even dead people are waiting on their tax refunds — and loved ones say it's holding up emotional closure

IRS refund delays have hit millions of Americans — including dead ones. Their loved ones are left w…

Juliana Kaplan   


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3 mins read

The IRS needs help. Its chief says millions are waiting on tax returns and can't get through via phone: 'This is frustrating for taxpayers and for us.'

Millions of Americans are still waiting on their refunds, and many can't reach the IRS on the phone…

Juliana Kaplan   


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4 mins read

Juliana Kaplan   


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1 min read

Direct tax collections surge 35% but fall short of estimates

Gross direct tax collections stood at Rs 6.48 lakh crore till September 8, which is 35.46 per cent …

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2 mins read

3 ways you can avoid refund delays this tax season, according to the IRS

If you're due for a refund this year, be sure to file electronically: The IRS says it should come i…

Juliana Kaplan,Joseph Zeballo…   


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1 min read

Gross direct tax collections rise 30%

Gross direct tax collections till 2022-23 as on September 17 stood at Rs 8.36 lakh crore, witnessin…