As many as 6.98 crore income tax returns (ITRs) have been filed till September 5, out of which 6....
In order to enhance taxpayer experience and keep pace with new technology, the Income Tax Departm...
India has imposed a 20% duty on exports of parboiled rice with immediate effect, a move that coul...
Net direct tax collection for the current financial year are Rs 5.84 lakh crore, which are 17.33 ...
A total of 6.77 crore income tax returns (ITRs) for assessment year 2023-24 were filed till July ...
The income tax department has said that over 5 crore income tax returns (ITRs) have been filed fo...
Almost six crore income tax returns (ITRs) have been filed till Sunday (July 30), the income tax ...
CBDT chairperson Nitin Gupta has said that more than four crore income tax returns (ITRs) for the...
Around three crore Income Tax Returns (ITRs) have been filed till July 18, the Income Tax (...
The government has urged the taxpayers to file their income tax returns before July 31, 2023 to a...
The Indian government has collected 5.2 trillion rupees in direct taxes from April 1 to July 9, i...
With the last date for filing annual returns approaching, the Income Tax (I-T) Departme...
In the financial year 2022-23, Gujarat experienced a boost in income tax (I-T) collections, with ...
The GST Council in its meeting next month, is likely to discuss measures to ensure strict provisi...
The finance ministry has said Goods and Services Tax (GST) collection rose 12 per cent to Rs 1.57...
India is seeking to tax Netflix Inc's income earned from streaming services in the country, t...
The Income Tax Department will soon notify rules specifying the class of investors and norm of va...
The finance ministry has said personal income tax as a percentage of Gross domestic product (GDP)...
Finance Minister Nirmala Sitharaman on Sunday emphasised on the need for global consensus for reg...
The cost inflation index (CII) for 2023-24 relevant to assessment year 2024-25 stood at 348, acco...
The finance ministry has said that gross direct tax collection in 2022-23 rose by around 20 per c...
With the new financial year 2023-24 having begun from April 1, several tax rule changes have come...
The value of assets seized during searches conducted by the Income Tax Department has shown a ris...
A high-level Parliamentary panel has suggested to the government to look into the possibili...
With financial year 2023-24 just round the corner, certain changes would be effected in the capit...
Minister of State for Finance Pankaj Chaudhary has said the income tax department raised tax dema...
The Central Board of Direct Taxes (CBDT) has said that net direct tax collection so far this fisc...
Government data has revealed that Direct Tax collections up to March 10, 2023, stood at Rs 16.68 ...
The Central Board of Direct Taxes (CBDT) has notified income-tax return forms (ITR forms) for the...
The Income Tax Department is likely to come out with modified valuation rules under the I-T Act f...
The Indian banking sector is happy with the Union Budget for 2023-24 presented by Finance Ministe...
The government is moving India away from a saving economy -- the old Income Tax (IT) regime...
NEW DELHI - India will raise the personal income tax rebate limit to 700,000 rupees ($8,565) unde...
From allowing company dividends to be linked to the market price of shares, scrapping of income t...
The government data has showed that the country's gross direct tax collection rose 24.58 per ...
Direct tax collections stood at Rs 14.71 lakh crore till January 10, 24.58 per cent higher than t...
Finance Minister Nirmala Sitharaman has said that the optional income tax regime with seven tax s...
The government is likely to enhance the income tax exemption limit to Rs 5 lakh from the existing...
With an aim that the economy gets a consumption boost, industry body Assocham has made a strong c...
The Indian government should make pensions tax free so that the pension penetration is higher, sa...
Net tax collection in 2022-23 was 24.26 per cent higher than the net collection for the correspon...
The Central Board of Direct Taxes (CBDT) in a circular related to TDS deduction from salaries has...
Domestic tax collections will exceed the budget estimate by nearly Rs 4 lakh crore in the current...
The Confederation of Indian Industry (CII) has suggested a cut in personal income tax rates to re...
UK Chancellor Jeremy Hunt Thursday announced a package of tax hikes and spending cuts worth 55 bi...
The Income Tax Department may make it compulsory for NRIs to share details of foreign remittances...
Expressing optimism over tax collection, Central Board of Direct Taxes (CBDT) Chairman Nitin Gupt...
Direct tax collections, up to November 10, stood at Rs 10.54 lakh crore, 30.69 per cent hig...