From LPG cylinder prices to interest rates, THESE 5 changes will affect common man from June 1
Bank of Baroda is going to introduce a positive pay system to protect its customers from bank frauds.
May 30, 2021, 14:40 PM IST
Income Tax alert! Online portal will be unavailable between THESE dates
The new platform will offer free of cost ITR preparation software to taxpayers.
May 20, 2021, 21:19 PM IST
Income Tax department to launch new income tax e-filing web portal on June 7
The Income Tax department will shut the existing web portal for six days from June 1 to June 6
May 20, 2021, 19:56 PM IST
Govt extends FY21 ITR filing deadline for individuals till Sep 30
As per the income tax law, for individuals whose accounts are not required to be audited and who usually file their income tax return using ITR-1 or ITR-4 forms the deadline to file ITR is July 31.
May 20, 2021, 18:42 PM IST
IT department issues refunds worth Rs 24,792 crore so far in FY22
In the previous fiscal, which ended on March 31, 2021, the department had issued Rs 2.62 lakh crore worth refunds to more than 2.38 crore taxpayers.
May 19, 2021, 22:21 PM IST
A sigh of relief! Income Tax Dept issues Rs 17,061 crore of refunds in FY22
In the previous fiscal year which ended on March 31, 2021, the department issued Rs 2.62 lakh crore worth refunds to more than 2.38 crore taxpayers.
May 12, 2021, 18:18 PM IST
Hospitals allowed to take cash payment above Rs 2 lakh for COVID-19 treatment
Various hospitals are asking for cash payments from Covid-19 patients while refusing to admit on an insurance basis.
May 08, 2021, 09:45 AM IST
COVID-19 Impact: Govt extends timelines for tax compliance. Last date for filing ITR is now May 31
Income-tax return in response to notice under Section 148 of the Act, for which the last date of filing of return of income under the said notice is April 1, 2021, or thereafter, may be filed within the time allowed under that notice or May 31, 2021, whichever is later.
May 01, 2021, 15:25 PM IST
Govt Extends Time Till June 30 For Making Payment Under Vivad Se Vishwas Scheme
The Vivad Se Vishwas scheme provides for settlement of disputed tax, interest, penalty or fees in relation to an assessment or reassessment order on payment of 100 per cent of the disputed tax and 25 per cent of the disputed penalty or interest or fee
Apr 24, 2021, 15:35 PM IST
Government extends certain timelines in light of the raging COVID-19 pandemic
It has also been decided that the time for payment of amount payable under the Direct Tax Vivad se Vishwas Act, 2020, without an additional amount, shall be further extended to 30th June, 2021. Notifications to extend the above dates shall be issued in due course.
Apr 24, 2021, 12:54 PM IST
Planning to pay Income Tax? Here are the rules that will impact your pocket
The deadline for filing Income Tax Return is reduced by 3 months along with a maximum penalty of up to Rs 10,000, with a deadline for filing belated and revised ITR for FY 2020-21 to December 31, 2021. According to the new rules, the deposits in the EPF account should not be more than Rs 2.5 lakh.
Apr 04, 2021, 15:22 PM IST
From April 1, these 5 new income tax rules have come into effect
Most of this is because of the Union Budget 2021 announcement that has brought in several changes in matters of personal finance.
Apr 01, 2021, 17:30 PM IST
THESE changes will happen from April 1, 2021
From April 1, the following changes that are set to happen include, LPG cylinder price, banking rules due to merger of banks, income tax rule changes in terms of EPF investment, TDS/TCS deduction, etc. This could potentially suggest that inflation is set to happen as the prices go soaring from the new financial year.
Mar 27, 2021, 13:37 PM IST
5 major tasks you must complete before Financial Year closing on March 31
March 31 is crucial for completing several financial activities. Hence it is advised that you must complete these task before the said deadline.
Mar 10, 2021, 08:56 AM IST
Income Tax department unearths over Rs 1000 crore black money from two Chennai-based groups
The IT officials carried out searches at 27 premises located in Chennai, Mumbai, Coimbatore, Madurai, Trichy, Trissur, Nellore, Jaipur and Indore in connection with the case.
Mar 07, 2021, 16:02 PM IST
Attention taxpayers! 5 tasks you need to complete before the March 31-deadline
March 31 also marks the last date to file the revised or belated return for the financial year 19-20. Any ITR filing after the deadline is referred to as a belated return. Any changes that needs to be done, can be performed within the deadline which is March 31.
Mar 06, 2021, 18:26 PM IST
Always sasti: Kangana Ranaut hits out at Taapsee Pannu over I-T raids, asks her to come out clean
Taapsee Pannu had signed off her tweets on recent Income Tax raids on her properties saying ‘she is no more sasti’, in a clear reference to Kangana's sister Rangoli Chandel's attack on her in the past. Kangana today took to Twitter to attack the 'Thappad' actress and asked her to come clean on the matter.
Mar 06, 2021, 14:52 PM IST
Anurag Kashyap hits back at haters, his first post after Income Tax raids features Taapsee Pannu, says 'we restart Do Baara'
Taapsee Pannu took to Twitter and threw some light on the issue, while Anurag Kashyap rather decided to drop a happy post of the two on Instagram.
Mar 06, 2021, 13:27 PM IST
Anurag Kashyap and Taapsee Pannu grilled for 6 hours, Income Tax officials continue probe
The I-T officials are now investigating the documents and account information. Reportedly, the I-T searches are likely to continue today at most important places today like KWAN company, Good and Bad Films office, Andolan films but not at all the 22 locations.
Mar 04, 2021, 11:09 AM IST
Taapsee Pannu and film director Anurag Kashyap is on radar of IT
The Income Tax Department has questioned actress Taapsee Pannu and film director Anurag Kashyap in Tax evasion case. Both were questioned for 11 hours. The Income Tax Department suspects malfunctions in the functioning and transactions of Anurag Kashyap's production company Phantom. At the same time, giving a political colour to the raid, Congress said that this income tax raid is the result of speaking against the Modi government.
Mar 04, 2021, 08:18 AM IST
