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2 mins read

New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know

The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…

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2 mins read

Filing your ITR at the last minute? Don't make these mistakes

As per official data, about 6 crore ITRs have already been filed so far, and around 70% of them hav…

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1 min read

About 6 cr ITRs filed for FY24; 70% under new tax regime

Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there wer…

PTI   


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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   


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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 …

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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…

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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   


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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…

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2 mins read

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

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   


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Hero Motors files draft papers for Rs 900-crore IPO, may consider pre-IPO fundraising

The company may consider a pre-IPO placement of Rs 100 crore. If this placement is completed, the f…

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1 min read

Bata India gets ₹60 crore sales tax notice

The company said it initially received an audit notice on April 27, 2023, and submitted relev…

PTI   


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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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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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1 min read

Zomato gets service tax demand and penalty order of ₹184 crore

Online food delivery platform Zomato said it has received a service tax demand and penalty order ag…

PTI   


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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

Last-minute rush: 5 things to do before March 31

March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…

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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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3 mins read

Your comprehensive document checklist for income tax return filing

The income tax return filing, or ITR filing, season will be here soon and with that has begun the s…

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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…