Income Tax

Budget 2024: Will Middle Class Be Spared From 30% Tax Rate? Check What PHCCI Has Recommended To FM

The PHDCCI delegation has presented the pre Budget memorandum to Finance Minister Nirmala Sitharaman.

Jun 21, 2024, 09:31 AM IST

Advance Tax First Instalment Payment: Find Out Who Has To Pay, Consequences Of Missing Payment

If you miss an advance tax payment, penal interest is charged under sections 234B and 234C.

Jun 14, 2024, 17:55 PM IST

Taxpayers Can Now Check If Their Feedback On Financial Transactions Is Acted Upon Or Not: Income Tax Dept Launches New Functionality In AIS

Income Tax Department has taken a new initiative towards ease of compliance and enhanced taxpayer services.

May 14, 2024, 11:15 AM IST

CBDT Signs Record 125 Pacts To Ease Tax Payments By Big Multinational Firms

With this, the total number of APAs since the inception of the APA programme has gone up to 641.

Apr 17, 2024, 08:01 AM IST

BJP 'Blatantly Conspiring' With Central Agencies: TMC Writes To West Bengal Governor

In its letter to the state's governor, the TMC has alleged a nexus between the BJP ad the four central agencies.

Apr 09, 2024, 19:36 PM IST

'You Give More Money To Govt Than Spend On Yourself': Social Media Post On Income Tax Concerns Goes Viral

The viral post on X stirs a debate among users. Read on to find out the whole story.

Apr 03, 2024, 15:18 PM IST

'Will not take any action on Congress accounts till elections',says IT Department

Congress Income Tax Notice: Congress has got big relief from the Income Tax Department.

Apr 01, 2024, 13:20 PM IST

New Change To Income Tax Rules, Slabs From 01 April 2024? Finance Ministry Rebuts Claims

In an explanatory tweet, finance ministry has said that some misleading information related to new tax regime is being spread on some social media platforms.

Apr 01, 2024, 09:06 AM IST

New financial year starts from today

New financial year 2024-25 is going to begin from today. Meanwhile, know which rules are going to change from today.

Apr 01, 2024, 08:02 AM IST

Using HRA To Save Income Tax? Why It Isn't A Good Idea Anymore

The Income Tax Department is actively identifying individuals involved in fraudulent tax deductions. 

Mar 30, 2024, 15:38 PM IST

New Tax Regime: Consider These Deductions For Optimal Savings

Despite fewer deductions, certain allowances and exemptions remain available under the new tax regime. These are mentioned below.

Mar 23, 2024, 14:03 PM IST

Explainer: Should Ultra Rich Pay Higher Tax? Check Why This Topic Is Gaining Momentum

Let's delve deep into whether the rich pay super tax and the reason why it sparks debate.

Mar 22, 2024, 15:19 PM IST

Advance Income Tax Deadline Today: Check What It Is, Who Needs To Pay, & How To Pay

Eligible taxpayers must make advance income tax payments in four installments throughout the financial year.

Mar 15, 2024, 10:06 AM IST

I-T Department Uncovers Cases Of Inadequate Tax Payments; Check Deadline Date For Payment

Persons/entities who are not registered on the e-filing website have to first register themselves on the e-filing website.

Mar 10, 2024, 14:37 PM IST

10 Countries With The Highest Income Tax Rates

Check out list of 10 Countries In The World where there is high Income Tax

Mar 01, 2024, 10:49 AM IST

10 Countries In The World With Zero Income Tax

Check out list of 10 Countries In The World With where there is Zero Income Tax

Feb 28, 2024, 15:57 PM IST

Got Notice For Mismatch Of Transaction Amount Shown In ITR? Income Tax Department Offers Solution For Taxpayers

Taxpayers are being informed of ITR mismatch through SMS and emails as per details available with Income Tax Department.

 

Feb 27, 2024, 09:40 AM IST

'Financial Terrorism': Congress Slams Modi Govt After Rs 65 Crore Deducted From Account By Tax Department

Congress general secy KC Venugopal said that over 65 crore rupees were deducted from the accounts of AICC, IYC, and NSUI.

Feb 22, 2024, 16:41 PM IST

Want To Save Money On Taxed Income? Check THESE 5 Tax-Saving Instrument

These investments may help lower your taxed income. Check top tax-saving instruments here.

Feb 18, 2024, 10:40 AM IST