Govt announces big relief to taxpayers! Payment date for Vivad se Vishwas Scheme extended – All you need to know
Vivad se Vishwas Scheme aims to reduce pending income tax litigation, generate timely revenue for the Government and to benefit taxpayers by providing them peace of mind.
Oct 29, 2020, 11:20 AM IST
Special Income Tax benefits for senior citizens — Here's the list
A senior citizen is granted a higher exemption limit compared to non-senior citizens.
Oct 18, 2020, 16:46 PM IST
Why is October 1 important and what are 10 big changes that will impact you from today
From 1 October 2020, several new rules that will have a major impact on common’s man’s life have come into effect. According to reports, Indian citizens will have to follow these new set of rules and regulations if they wish to buy new LPG connections, transfer money to foreign fund or buying a health insurance.
Oct 01, 2020, 14:24 PM IST
Big relief for Income Tax payers! CBDT makes new announcement
Know the difference between revised ITR and Belated ITR.
Oct 01, 2020, 10:23 AM IST
Income Tax refunds worth Rs 1.18 lakh cr issued to 33.54 lakh taxpayers till September 29
This include personal income tax refunds amounting to Rs 32,230 crore.
Sep 30, 2020, 18:27 PM IST
CBDT extends deadline for filing belated, revised ITRs for AY 2019-20 to November 30
CBDT had on July 29 extended the deadline to September 30.
Sep 30, 2020, 17:56 PM IST
Income tax, DL, health insurance, credit card --10 rules that impact lives of common man changing from October 1
Here's looking at 10 rules that are going to change from October 1.
Sep 30, 2020, 16:56 PM IST
Madras HC issues notice to AR Rahman seeking explanation on income tax evasion case
According to the Income-tax department counsel, Rahman received an income of Rs3.47 crore in the year 2011-12 based on a contract with a UK-based telecom company, to compose exclusive ringtones.
Sep 11, 2020, 13:44 PM IST
Banks asked to refund charges collected for UPI, RuPay transactions after January 1
Banks are advised to immediately refund the charges collected, if any, on or after January 1, 2020.
Sep 01, 2020, 15:08 PM IST
I-T refunds of Rs 95,853 crore issued to 25.55 lakh taxpayers this fiscal
The Income Tax department on Wednesday said it has issued refunds worth Rs 95,853 crore to over 25.55 lakh taxpayers in the current fiscal.
Aug 26, 2020, 15:54 PM IST
Faceless Assessment Scheme: 97% of Income Tax work force feeling left out
The JCA has pointed out that the restructuring exercise if not implemented in a thoughtful manner may result in massive displacement of manpower from one station to the other.
Aug 17, 2020, 13:33 PM IST
PM Narendra Modi launches Transparent Taxation platform for honest taxpayers
Unveiling the “Transparent Taxation – Honoring the Honest” platform through video conferencing, the prime minister also laid out the next phase of reforms of the direct taxes which is aimed at easing the tax compliance and also rewarding honest taxpayers in the midst of coronavirus (COVID-19) pandemic.
Aug 13, 2020, 12:12 PM IST
PM Modi to launch platform to honour honest taxpayers
Prime Minister Narendra Modi has called a meeting with all Principal Chief Commissioners and Chief Commissioners of Income Tax on August 13 to launch a new tax programme, ‘Transparent Taxation — Honouring the Honest’.
Aug 13, 2020, 07:40 AM IST
FY 2018-19 Revised Income Tax Return Filing: Step by step guide on how to do it online
Here is a step by step guide on how to file revised income tax return online.
Aug 07, 2020, 16:35 PM IST
ITR Filing FY 2019-20: Deadline to claim tax benefits under Section 80C expires today
Those willing to claim income tax benefits under Section 80C for FY 2019-20 (Assessment Year 20-21) will have to hurry up.
Jul 31, 2020, 11:16 AM IST
FY 2018-19 Income Tax return filing, revised ITR deadline extended till September 30: Know who needs to file revised ITR
It is to be noted that this is the third extension given by the Centre to taxpayers to file both original and revised tax returns for 2018-19 fiscal.
Jul 30, 2020, 14:15 PM IST
CBDT extends FY19 income tax return filing deadline till September 30 due to COVID-19
The Central Board of Direct Taxes (CBDT) on Wednesday (July 29) extended the deadline for filing income tax returns for 2018-19 fiscal till September 30 due to coronavirus COVID-19 pandemic.
Jul 30, 2020, 07:45 AM IST
Are you aware of this Income Tax campaign starting today? Know how it will impact you
The 11 days campaign ending on July 31 focuses on the assessees/taxpayers who are either non-filers or have discrepancies/deficiency in their returns for the FY 2018-19.
Jul 20, 2020, 14:59 PM IST
ashok gehlot income tax department raid in delhi, jaipur and mumbai
जयपुर समेत दिल्ली और मुंबई में भी छापेमारी, नगदी बरामद
Jul 14, 2020, 08:30 AM IST
TDS deduction: Employees should inform employers about intention to opt new tax regime, says CBDT
CBDT said an employee intending to opt for concessional rates of income tax as provided in the Budget 2020 may intimate the deductor or his employer of such intention.
Apr 14, 2020, 00:40 AM IST
