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India's "Poorest Man" Found In Madhya Pradesh: Income Certified As Zero
Bureaucratic apathy and shocking administrative negligence have once again come to light in Madhya Pradesh's Satna district where official documents certified one man as having zero income and another earning just Rs 3 a year.
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New Income Tax Bill Halves Word Count, Eases Compliance: Baijayant Jay Panda
BJP MP and Chairman of the Finance Select Committee, Baijayant Jay Panda said that the newly proposed Income Tax Bill aims to make compliance easier for taxpayers without altering tax policies or rates.
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Congress' Appeal Against Tax Demand Of Rs 199 Crore Dismissed By Tribunal
The Congress will not get any relief for the income tax demand to the tune of Rs 199 crore in party funds, pending from 2018-19.
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How To File Your ITR For AY 2025-26: Step-By-Step Guide For Online And Offline Modes
The process involves declaring income, deductions, and taxes paid, and can be done online through the Income Tax Portal or using an offline utility.
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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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Day After Tax Notice, Maharashtra Minister Seen With Bag Allegedly Full Of Cash
A day after an income tax notice was served to him to explain his exponential financial growth, Maharashtra Minister Sanjay Shirsat was seen smoking in a room with a bag, allegedly full of cash, next to him.
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Arms Dealer Sanjay Bhandari Declared Fugitive Economic Offender By Delhi Court
A Delhi special court on Saturday declared UK-based arms dealer Sanjay Bhandari a Fugitive Economic Offender under the Fugitive Economic Offenders (FEO) Act, in connection with an income tax case involving undisclosed foreign assets.
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"Maid's Family Earns Rs 1.3 Lakh Per Month, Tax Free": Reddit Post Goes Viral
A Reddit post comparing the collective earnings of a family of a domestic help with that of a tax-paying salaried individual has received massive criticism on the platform.
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GST Relief For Middle Class Soon: Cheaper Toothpaste, Utensils, Clothes, Shoes
After a series of income tax concessions earlier this year, the Centre is now preparing to extend relief to middle and lower-income households in the form of a reduction in Goods and Services Tax (GST), sources have said.
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IAS Neha Byadwal Failed 3 Attempts. Then 'Broke Up' With Mobile For 3 Years
After three failed UPSC attempts, Neha Byadwal broke up with her mobile phone for three years.
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Aadhaar-PAN Link, ATM Withdrawal Fees, More. Financial Changes From Today
Changes to regulations governing filing of income tax returns; the use of and charges associated with credit cards; and last-minute, or Tatkal, train ticket bookings, are among those that will come into effect from today.
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"Paid Rs 30 Lakh Taxes, Got Zero Support": Laid off Bengaluru Techie Says He's Falling Into Depression
The tweet has sparked a heated debate about the lack of support for India's salaried taxpayers, especially during crises.
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Faked Tax Deductions? You Could Face A 200% Penalty Under Income Tax Rules
New ITR-1 and ITR-4 forms now require detailed documentation for deductions and claims, promoting transparency and accuracy.
-
ITR-1 And ITR-4 Online Filing Now Open For AY 2025-26; Deadline Extended To September 15
For now, individuals requiring ITR-2 or ITR-3 forms will have to wait, as the current release only includes utilities for ITR-1 and ITR-4 forms.
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Sri Lankan Cricketers Seek Court's Intervention In Tax Dispute
Sri Lankan cricketers have sought the intervention of Court of Appeal following a personal income tax dispute with the game's governing body.
-
India's "Poorest Man" Found In Madhya Pradesh: Income Certified As Zero
Bureaucratic apathy and shocking administrative negligence have once again come to light in Madhya Pradesh's Satna district where official documents certified one man as having zero income and another earning just Rs 3 a year.
-
New Income Tax Bill Halves Word Count, Eases Compliance: Baijayant Jay Panda
BJP MP and Chairman of the Finance Select Committee, Baijayant Jay Panda said that the newly proposed Income Tax Bill aims to make compliance easier for taxpayers without altering tax policies or rates.
-
Congress' Appeal Against Tax Demand Of Rs 199 Crore Dismissed By Tribunal
The Congress will not get any relief for the income tax demand to the tune of Rs 199 crore in party funds, pending from 2018-19.
-
How To File Your ITR For AY 2025-26: Step-By-Step Guide For Online And Offline Modes
The process involves declaring income, deductions, and taxes paid, and can be done online through the Income Tax Portal or using an offline utility.
-
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.
-
Day After Tax Notice, Maharashtra Minister Seen With Bag Allegedly Full Of Cash
A day after an income tax notice was served to him to explain his exponential financial growth, Maharashtra Minister Sanjay Shirsat was seen smoking in a room with a bag, allegedly full of cash, next to him.
-
Arms Dealer Sanjay Bhandari Declared Fugitive Economic Offender By Delhi Court
A Delhi special court on Saturday declared UK-based arms dealer Sanjay Bhandari a Fugitive Economic Offender under the Fugitive Economic Offenders (FEO) Act, in connection with an income tax case involving undisclosed foreign assets.
-
"Maid's Family Earns Rs 1.3 Lakh Per Month, Tax Free": Reddit Post Goes Viral
A Reddit post comparing the collective earnings of a family of a domestic help with that of a tax-paying salaried individual has received massive criticism on the platform.
-
GST Relief For Middle Class Soon: Cheaper Toothpaste, Utensils, Clothes, Shoes
After a series of income tax concessions earlier this year, the Centre is now preparing to extend relief to middle and lower-income households in the form of a reduction in Goods and Services Tax (GST), sources have said.
-
IAS Neha Byadwal Failed 3 Attempts. Then 'Broke Up' With Mobile For 3 Years
After three failed UPSC attempts, Neha Byadwal broke up with her mobile phone for three years.
-
Aadhaar-PAN Link, ATM Withdrawal Fees, More. Financial Changes From Today
Changes to regulations governing filing of income tax returns; the use of and charges associated with credit cards; and last-minute, or Tatkal, train ticket bookings, are among those that will come into effect from today.
-
"Paid Rs 30 Lakh Taxes, Got Zero Support": Laid off Bengaluru Techie Says He's Falling Into Depression
The tweet has sparked a heated debate about the lack of support for India's salaried taxpayers, especially during crises.
-
Faked Tax Deductions? You Could Face A 200% Penalty Under Income Tax Rules
New ITR-1 and ITR-4 forms now require detailed documentation for deductions and claims, promoting transparency and accuracy.
-
ITR-1 And ITR-4 Online Filing Now Open For AY 2025-26; Deadline Extended To September 15
For now, individuals requiring ITR-2 or ITR-3 forms will have to wait, as the current release only includes utilities for ITR-1 and ITR-4 forms.
-
Sri Lankan Cricketers Seek Court's Intervention In Tax Dispute
Sri Lankan cricketers have sought the intervention of Court of Appeal following a personal income tax dispute with the game's governing body.
