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Over 7 Crore I-T Returns Filed So Far, Netizens Complain Of Glitches Efiling Portal
The Income Tax Department on Monday said more than 7 crore I-T returns have been filed so far as the filing deadline closes in, amid netizens complaining of glitches on the portal and demanding an extension.
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ITR Filing 2025: One Day To Deadline, Process, Penalty, Extension And More
ITR Filing 2025 Deadline: The Central Board of Direct Taxes has not provided any deadline extension despite demands from individuals.
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ITR Filing Due Date: When Is The Deadline? Possible Extension, Latest Details And More
ITR Filing Due Date: With the deadline fast approaching, taxpayers and accountants have demanded another extension.
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"GST Simplification Is Major Step Forward": Amitabh Kant On Tax Overhaul
Rationalisation of GST slabs will lead to increased demand that will, in turn, push for greater investment as manufacturers ramp up production to meet that uptick, Amitabh Kant, the former CEO of government think-tank NITI Aayog, said.
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Auto Industry Welcomes New GST Slab Revisions Ahead Of Festive Season
The GST Council reduced tax on small cars and motorcycles below 350cc to 18%, a move hailed by automakers as boosting affordability, demand, and manufacturing growth.
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Opposition States Seek Compensation For Revenue Loss Due To GST Reform Proposal
Opposition-ruled states on Friday said the Centre's proposal for GST rate reforms could result in a revenue loss of about Rs 1.5 crore to Rs 2 lakh crore and demanded compensation for the losses incurred by them.
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Trump's Tariffs Leave A Lot Of Losers. But Even Winners Will Pay A Price
President Donald Trump's tariff onslaught this week left a lot of losers - from small, poor countries like Laos and Algeria to wealthy US trading partners like Canada and Switzerland.
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Hyundai Motor India Receives Rs 517.34 Cr Tax, Penalty From GST Authority
Hyundai Motor India Ltd has said in a SEBI regulatory filing that it has received a demand from tax authorities, along with a penalty from the GST authority.
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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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New India Assurance Gets GST Demand Notice Of Nearly Rs 2,300 Crore
New India Assurance Company Ltd on Thursday said tax authorities have issued a show cause notice with a demand of Rs 2,298 crore Goods and Services Tax (GST) for five financial years.
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Samsung India Executives Seek to Quash $81 Million Penalty Over Tax Evasion
Seven Samsung India executives have asked a court to revoke penalties of $81 million (roughly Rs. 692 crore) from a $601 million (roughly Rs. 5,135 crore) tax demand in India. Samsung's India unit faced a $520 million (Rs. 4,443 crore) tax demand, while employees were fined $81 million (Rs. 692 crore) for their alleged part in misclassifying impo...
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Central Funds, Water: Non-BJP Chief Ministers' Demands At Meet Led By PM
The Niti Aayog meeting on Saturday, in which the Prime Minister urged all states to work together towards the goal of a developed India, also saw some opposition chief ministers raise issues affecting their states, with their main grievances boiling
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IndiGo Posts Highest Q4 Profit Of Rs 3,068 Crore On Strong Air Travel Demand
InterGlobe Aviation, the parent of the country's largest airline, IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand.
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Watch: Dog Demands Banana "Tax" From Fruit Vendor, Internet Can't Get Enough
Fruit Vendor and Dog Viral Video: The viral clip features a golden retriever who has become a regular 'patron' of a local fruit vendor.
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Samsung Fights $520 Million India Tax Demand, Points to Reliance Practice
Samsung has asked the Customs Excise and Service Tax Appellate Tribunal in Mumbai to quash a $520 million (roughly Rs. 4,381 crore) tax demand for allegedly misclassifying imports of networking gear. The South Korean giant has said that Mukesh Ambani-led Reliance also imported the same component in a similar manner for years.
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Over 7 Crore I-T Returns Filed So Far, Netizens Complain Of Glitches Efiling Portal
The Income Tax Department on Monday said more than 7 crore I-T returns have been filed so far as the filing deadline closes in, amid netizens complaining of glitches on the portal and demanding an extension.
-
ITR Filing 2025: One Day To Deadline, Process, Penalty, Extension And More
ITR Filing 2025 Deadline: The Central Board of Direct Taxes has not provided any deadline extension despite demands from individuals.
-
ITR Filing Due Date: When Is The Deadline? Possible Extension, Latest Details And More
ITR Filing Due Date: With the deadline fast approaching, taxpayers and accountants have demanded another extension.
-
"GST Simplification Is Major Step Forward": Amitabh Kant On Tax Overhaul
Rationalisation of GST slabs will lead to increased demand that will, in turn, push for greater investment as manufacturers ramp up production to meet that uptick, Amitabh Kant, the former CEO of government think-tank NITI Aayog, said.
-
Auto Industry Welcomes New GST Slab Revisions Ahead Of Festive Season
The GST Council reduced tax on small cars and motorcycles below 350cc to 18%, a move hailed by automakers as boosting affordability, demand, and manufacturing growth.
-
Opposition States Seek Compensation For Revenue Loss Due To GST Reform Proposal
Opposition-ruled states on Friday said the Centre's proposal for GST rate reforms could result in a revenue loss of about Rs 1.5 crore to Rs 2 lakh crore and demanded compensation for the losses incurred by them.
-
Trump's Tariffs Leave A Lot Of Losers. But Even Winners Will Pay A Price
President Donald Trump's tariff onslaught this week left a lot of losers - from small, poor countries like Laos and Algeria to wealthy US trading partners like Canada and Switzerland.
-
Hyundai Motor India Receives Rs 517.34 Cr Tax, Penalty From GST Authority
Hyundai Motor India Ltd has said in a SEBI regulatory filing that it has received a demand from tax authorities, along with a penalty from the GST authority.
-
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.
-
New India Assurance Gets GST Demand Notice Of Nearly Rs 2,300 Crore
New India Assurance Company Ltd on Thursday said tax authorities have issued a show cause notice with a demand of Rs 2,298 crore Goods and Services Tax (GST) for five financial years.
-
Samsung India Executives Seek to Quash $81 Million Penalty Over Tax Evasion
Seven Samsung India executives have asked a court to revoke penalties of $81 million (roughly Rs. 692 crore) from a $601 million (roughly Rs. 5,135 crore) tax demand in India. Samsung's India unit faced a $520 million (Rs. 4,443 crore) tax demand, while employees were fined $81 million (Rs. 692 crore) for their alleged part in misclassifying impo...
-
Central Funds, Water: Non-BJP Chief Ministers' Demands At Meet Led By PM
The Niti Aayog meeting on Saturday, in which the Prime Minister urged all states to work together towards the goal of a developed India, also saw some opposition chief ministers raise issues affecting their states, with their main grievances boiling
-
IndiGo Posts Highest Q4 Profit Of Rs 3,068 Crore On Strong Air Travel Demand
InterGlobe Aviation, the parent of the country's largest airline, IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand.
-
Watch: Dog Demands Banana "Tax" From Fruit Vendor, Internet Can't Get Enough
Fruit Vendor and Dog Viral Video: The viral clip features a golden retriever who has become a regular 'patron' of a local fruit vendor.
-
Samsung Fights $520 Million India Tax Demand, Points to Reliance Practice
Samsung has asked the Customs Excise and Service Tax Appellate Tribunal in Mumbai to quash a $520 million (roughly Rs. 4,381 crore) tax demand for allegedly misclassifying imports of networking gear. The South Korean giant has said that Mukesh Ambani-led Reliance also imported the same component in a similar manner for years.
