हिंदी में पढ़ें

Income tax

Income Tax Savings: How you can save up to Rs 8 lakh tax through these 10 methods

Income Tax Savings: How you can save up to Rs 8 lakh tax through these 10 methods

Tue, Dec 17, 2024

How to save tax: With the right strategy and investment, anyone can save up to Rs 8 lakh in income tax. Here are 10 effective ways that will not only help you keep more of your income but also support your financial planning.

Zomato gets Rs 803.4 crore tax demand from GST authorities

Zomato gets Rs 803.4 crore tax demand from GST authorities

Thu, Dec 12, 2024

Food delivery aggregator Zomato on Thursday said the GST department in Thane has imposed a tax demand of Rs 803.4 crore, including interest and penalty. The demand order has been received in respect of non-payment of GST on delivery charges with interest and penalty thereon, Zomato said in a regulatory filing.

Income tax refunds jump 46.3% to Rs 3.04 lakh crore in April-November

Income tax refunds jump 46.3% to Rs 3.04 lakh crore in April-November

Thu, Dec 12, 2024

This year-on-year surge showcases not only the capacity of the system but also the proactive engagement of taxpayers in adhering to filing deadlines.

TRENDING NOW

ITR filing is important, so is verification, else you are in trouble; Do it this way to avoid penalty

ITR filing is important, so is verification, else you are in trouble; Do it this way to avoid penalty

Wed, Dec 23, 2020

Your Income Tax Returns (ITR) filing deadline is looming and it will be ending in just a week’s time. Hoping and praying that the government extends the last date is not the best strategy to adopt. The last date for filing your tax returns is 31st December. If you have still not filed it, then this is the time to do it. If you file after this date, then you will be required to pay a fine or penalty

Income Tax alert! Important ITR filing message for you

Income Tax alert! Important ITR filing message for you

Tue, Dec 22, 2020

Income Tax Return (ITR) filing: As many as 3.75 crore taxpayers have already filed their Income Tax returns for Assessment Year 2020-21 (fiscal year 2019-20) till December 21.

INCOME TAX RETURNS filed in 2020 versus 2019 – Where does the country stand in this pandemic year? Check comparison

INCOME TAX RETURNS filed in 2020 versus 2019 – Where does the country stand in this pandemic year? Check comparison

Tue, Dec 22, 2020

As many as 3.75 cr taxpayers have already filed their Income Tax returns for Assessment Year 2020-21 (fiscal year 2019-20) till December 21, the Income Tax department said on Tuesday. Giving a comparative analysis of the ITRs filed, the Income Tax department further said that the number of ITRs filed till 21 August 2019 were 3.63 crore

Income Tax refunds alert! Important ITR message from CBDT - What I-T return filers should know

Income Tax refunds alert! Important ITR message from CBDT - What I-T return filers should know

Thu, Dec 17, 2020

Income Tax Refunds: In a major development, the income tax department has said that it has issued refunds of over Rs 1.48 lakh crore to more than 1.02 crore taxpayers till December 14.

Pune real estate alert! Income Tax department conducts searches in 29 locations of Panvel and Vashi - Here is what I-T officials found from leading builders

Pune real estate alert! Income Tax department conducts searches in 29 locations of Panvel and Vashi - Here is what I-T officials found from leading builders

Wed, Dec 16, 2020

In a major development, the Ministry of Finance has confirmed that the Income Tax Department carried out search and survey action on 10.12.2020 in the cases of leading builders and entry operators in the Panvel region of Pune.

GOOD NEWS! GST taxpayers to get flexibility to decide on monthly tax payment

GOOD NEWS! GST taxpayers to get flexibility to decide on monthly tax payment

Sun, Dec 13, 2020

Come January 1 and GST taxpayers would be able to pay their tax dues on a self assessment basis without having to go through the cumbersome process of filing tax returns on a monthly basis.

QRMP: Modi government launches new scheme for small GST taxpayers - Are you eligible? Check here

QRMP: Modi government launches new scheme for small GST taxpayers - Are you eligible? Check here

Sun, Dec 06, 2020

Taxpayers can make GST payments through challan every month either by self-assessment of monthly liability or 35 per cent of net cash liability of previous filed GSTR-3B of the quarter.

Income Tax alert! Big decision taken under 'Vivad Se Vishwas' scheme - All you need to know as a taxpayer

Income Tax alert! Big decision taken under 'Vivad Se Vishwas' scheme - All you need to know as a taxpayer

Sun, Dec 06, 2020

'Vivad Se Vishwas' scheme provides for settlement of disputed tax, disputed interest, disputed penalty or disputed 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.

Relief for house owners! No tax, if no rent, check ITAT ruling

Relief for house owners! No tax, if no rent, check ITAT ruling

Fri, Dec 04, 2020

In these difficult times of Coronavirus pandemic, many tenants are not in a position to pay their rents, however, owners of such houses have to face double loss—one in the form of rent and another in taxes

Income Tax calculator: How to find your taxable income?

Income Tax calculator: How to find your taxable income?

Thu, Nov 26, 2020

Income Tax calculator: The last date to file income tax returns is not so far and most salaried people would have started making calls to their financial advisors for the same. Whether you are working for a company or run a business, you have file income return and pay tax.

Income tax return forms: Here’s Your Definitive Guide to Various ITR Forms

Income tax return forms: Here’s Your Definitive Guide to Various ITR Forms

Thu, Nov 26, 2020

The Government has extended the deadline to 31st December, 2020 and 31st January, 2021 for taxpayers. Mr. Rahul Jain, Head of Edelweiss Wealth Management guides taxpayers through the last minute hassle of filing various ITR forms. With proper classification, he has mentioned the 7 forms which needs to be filled as per the purpose. The extension of income tax return filing for FY 2019-20, was one among the several relief measures announced by the Government, given the COVID-19 pandemic. The date was extended to November 30, for all taxpayers versus the usual deadline of July 31.

Got an income tax notice from CBDT? Do not panic, here is how you need to react

Got an income tax notice from CBDT? Do not panic, here is how you need to react

Fri, Nov 20, 2020

A simple income tax notice from CBDT can cause serious panic in a household. The notice can be served in case of a discrepancy in the income tax amount calculated and paid by you while filing your income tax return (ITR) and that computed by the income tax department.

NPS tax-free for all in Budget 2021? Pension fund regulator PFRDA to propose this to Modi government - All you need to know

NPS tax-free for all in Budget 2021? Pension fund regulator PFRDA to propose this to Modi government - All you need to know

Sun, Nov 15, 2020

NPS: Employers' contribution of 14 per cent in pension under the National Pension System (NPS) scheme for the central government employees was made tax free from April 1, 2019.

Who will benefit from government’s relaxations in housing tax? Find out

Who will benefit from government’s relaxations in housing tax? Find out

Fri, Nov 13, 2020

Finance Minister Nirmala Sitharaman on Thursday announced several measures to provide relief to different sectors in the COVID-19 hit economy. One of the most significant announcement came in the form of relaxations in income tax rules to allow sale of primary residential units of up to Rs 2 crore value below the circle rate.

India has moved from tax terrorism to tax transparency, says PM Narendra Modi

India has moved from tax terrorism to tax transparency, says PM Narendra Modi

Wed, Nov 11, 2020

The Prime Minister said when the difficulties of the country's wealth creator are reduced, they get protection, then their trust grows in the country's systems.

Tamil Nadu: Income-Tax dept conducts searches on IT Infrastructure company in Chennai and Madurai

Tamil Nadu: Income-Tax dept conducts searches on IT Infrastructure company in Chennai and Madurai

Sat, Nov 07, 2020

The Income Tax (I-T) department has carried out searches at five locations in Chennai and Madurai in the case of a Chennai-based group operating in the IT Infrastructure sector. The search on November 4 had led to unearthing of evidence related to investments in a Singapore registered company.

FM nudged tax practitioners to suggest their clients shift towards digital modes of payments

FM nudged tax practitioners to suggest their clients shift towards digital modes of payments

Sat, Nov 07, 2020

Finance Minister Nirmala Sitharaman on Friday said increased digitisation will help in making better assessment of the country's economic growth and nudged tax practitioners to suggest their clients to shift towards digital modes of payments.

Tax raids on 66 premises of self-styled evangelist in Kerala; Rs 6 cr unaccounted cash seized by I-T dept

Tax raids on 66 premises of self-styled evangelist in Kerala; Rs 6 cr unaccounted cash seized by I-T dept

Fri, Nov 06, 2020

The Income-Tax department has carried out search and seizure operations on Thursday at premises of a self-styled evangelist of Thiruvalla in Kerala and his group of various trusts, the department said in a press release

I-T department allows condonation of delay in filing audit reports by trusts, institutions

I-T department allows condonation of delay in filing audit reports by trusts, institutions

Thu, Nov 05, 2020

The Income Tax Department has allowed condonation of delay in filing audit reports by trusts, institutions, universities and hospitals who claim tax exemption

Big decision by Modi government on this Income Tax exemption – Check all details here

Big decision by Modi government on this Income Tax exemption – Check all details here

Thu, Oct 29, 2020

Income Tax Exemption for payment of deemed LTC fare for non-Central Government employees.

Load More

LIVE TV

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x