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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…
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…
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
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
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 …
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…
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
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…
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
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
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…
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
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…
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…
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
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 …
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…
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
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…
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…