Direct Taxes
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ITR Filing FY 2024-25: Revised Deadlines, Penalties And Key Updates
The Central Board of Direct Taxes (CBDT) has extended the Income Tax Return (ITR) filing due date for AY 2025-26 from July 31 to September 15.
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Trump's Tariff Plans Would Cost US Employers $82.3 Billion: Analysis
An analysis finds a critical group of US employers would face a direct cost of $82.3 billion from President Donald Trump's current tariff plans, a sum that could potentially be managed
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GOP Tax Package Gives NASA Billions After Donald Trump Proposed Cuts
The reconciliation package includes $4.1 billion for NASA's Boeing Co.-built Space Launch System, or SLS, rocket and $20 million directed to the Lockheed Martin Corp.
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Government Extends Top Tax Authority CBDT Chairman's Tenure By A Year
The government has extended the tenure of Ravi Agrawal as the Chairman of the Central Board of Direct Taxes (CBDT) by another year.
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National Mission For Clean Ganga Gets Income Tax Exemption Status
The Finance Ministry has granted tax exemption status to the National Mission for Clean Ganga, according to a notification of the CBDT, the decision-making body for the Income Tax department and direct taxes administration.
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"Tax On Americans": China's Message To US Citizens Amid Trump's Tariff War
Amid the escalating trade war between the United States and China, Beijing seems to have altered its strategy of dealing with Washington by aiming its message directly at the American public instead of the Trump administration.
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India Pegged As Top Source Market For London's Ambitious New 'Growth Plan'
London has unveiled an ambitious new 'growth plan' to provide an estimated 27 billion pounds extra tax revenue to fund vital public services in London, with India pegged as its number one source market in terms of foreign direct investment (FDI).
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For Every Rupee, 66 Paise To Come From Direct, Indirect Taxes: Budget Document
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents.
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Budget 2025: Nirmala Sitharaman Says Will Introduce New Income Tax Bill Next Week
A new income tax bill - a direct tax code meant to simplify compliance for individual taxpayers - will be introduced next week, Finance Minister Nirmala Sitharaman said Saturday as she presented the Union Budget 2025.
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Direct Tax Decoded: How It Affects Your Income And Investment
The primary feature of direct taxes is that they are paid directly by the taxpayer to the government, without the involvement of any intermediary.
-
What Is Direct Tax Code And How It Is Different From Income Tax Act, 1961
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon.
-
Is There New, 'Simpler' Income Tax Act In Budget 2025? What Sources Said
The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced separately, and not as part of the Union Budget to be delivered by Finance Minister Nirmala Sitharaman on Saturday morning.
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New Regime Or Old Regime - Which Income Tax Slab Works Best For You?
The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is directly proportional to their income in a financial year.
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Deadline For Filing Revised Income Tax Return Extended To January 15: Tax Body
The last date for filing an Income Tax Return for the financial year 2023-24 was July 31, and for those who could not, the time was for filing a revised ITR with late fees was December 31, but now, the CBDT has extended this deadline to January 15.
-
Telugu Thriller Brinda’s Director Surya Manoj Vangala Opens Up About the Series, Religious Extremism, and More
In a thought-provoking conversation with Gadgets360, Surya Manoj Vangala shares the inspiration behind his show Brinda, the emotionally taxing research it took, the intended audience, his views on extremism, and more.
-
ITR Filing FY 2024-25: Revised Deadlines, Penalties And Key Updates
The Central Board of Direct Taxes (CBDT) has extended the Income Tax Return (ITR) filing due date for AY 2025-26 from July 31 to September 15.
-
Trump's Tariff Plans Would Cost US Employers $82.3 Billion: Analysis
An analysis finds a critical group of US employers would face a direct cost of $82.3 billion from President Donald Trump's current tariff plans, a sum that could potentially be managed
-
GOP Tax Package Gives NASA Billions After Donald Trump Proposed Cuts
The reconciliation package includes $4.1 billion for NASA's Boeing Co.-built Space Launch System, or SLS, rocket and $20 million directed to the Lockheed Martin Corp.
-
Government Extends Top Tax Authority CBDT Chairman's Tenure By A Year
The government has extended the tenure of Ravi Agrawal as the Chairman of the Central Board of Direct Taxes (CBDT) by another year.
-
National Mission For Clean Ganga Gets Income Tax Exemption Status
The Finance Ministry has granted tax exemption status to the National Mission for Clean Ganga, according to a notification of the CBDT, the decision-making body for the Income Tax department and direct taxes administration.
-
"Tax On Americans": China's Message To US Citizens Amid Trump's Tariff War
Amid the escalating trade war between the United States and China, Beijing seems to have altered its strategy of dealing with Washington by aiming its message directly at the American public instead of the Trump administration.
-
India Pegged As Top Source Market For London's Ambitious New 'Growth Plan'
London has unveiled an ambitious new 'growth plan' to provide an estimated 27 billion pounds extra tax revenue to fund vital public services in London, with India pegged as its number one source market in terms of foreign direct investment (FDI).
-
For Every Rupee, 66 Paise To Come From Direct, Indirect Taxes: Budget Document
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents.
-
Budget 2025: Nirmala Sitharaman Says Will Introduce New Income Tax Bill Next Week
A new income tax bill - a direct tax code meant to simplify compliance for individual taxpayers - will be introduced next week, Finance Minister Nirmala Sitharaman said Saturday as she presented the Union Budget 2025.
-
Direct Tax Decoded: How It Affects Your Income And Investment
The primary feature of direct taxes is that they are paid directly by the taxpayer to the government, without the involvement of any intermediary.
-
What Is Direct Tax Code And How It Is Different From Income Tax Act, 1961
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon.
-
Is There New, 'Simpler' Income Tax Act In Budget 2025? What Sources Said
The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced separately, and not as part of the Union Budget to be delivered by Finance Minister Nirmala Sitharaman on Saturday morning.
-
New Regime Or Old Regime - Which Income Tax Slab Works Best For You?
The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is directly proportional to their income in a financial year.
-
Deadline For Filing Revised Income Tax Return Extended To January 15: Tax Body
The last date for filing an Income Tax Return for the financial year 2023-24 was July 31, and for those who could not, the time was for filing a revised ITR with late fees was December 31, but now, the CBDT has extended this deadline to January 15.
-
Telugu Thriller Brinda’s Director Surya Manoj Vangala Opens Up About the Series, Religious Extremism, and More
In a thought-provoking conversation with Gadgets360, Surya Manoj Vangala shares the inspiration behind his show Brinda, the emotionally taxing research it took, the intended audience, his views on extremism, and more.
