ITR
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7Income Tax Department reduces time allowed to apply for old income tax refunds; check the new time limit
The Central Board of Direct Taxes (CBDT) recently issued a circular on the application for condonation of delay in filing ITR. Income...
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10Attention taxpayers! Foreign income and assets must be disclosed before December 31: Report
Chairman of the Central Board of Direct Taxes Ravi Agarwal has said that taxpayers who haven’t disclosed their foreign income or assets...
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15Income Tax Rule Change: Relief for companies, trusts and others for claiming benefit of lower tax, tax audit and others with new condonation of delay rules
The Ministry of Finance through the Central Board of Direct Taxes (CBDT) has issued a circular which essentially condones delay in filing...
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16Annual income Rs 10 lakh: Which tax regime is better for you – new or old?
New Vs Old Tax Regime: Taxpayers can avail various deductions and exemptions available under the old tax regime, while there are no...
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1655th GST Council Meeting Scheduled for December 21 in Jaisalmer: What to Expect?
The 55th GST Council meeting will be conducted on December 21, 2024, at Jaisalmer, Rajasthan. The GST Council, which is headed by Union...
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16Govt to exceed tax collection target: CBDT
The government will exceed the Rs 22.07 lakh crore direct tax collection target set for the current fiscal, Central Board of Direct...
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44Income tax department warns: ‘Declare foreign assets or pay ₹10 lakh penalty’
The Income-Tax (I-T) department has today (November 17) launched a new campaign warning taxpayers of ₹10 lakh penalty if they fail to disclose foreign held...
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26Last date to file a belated ITR for AY 2024-25 is December 31, include foreign income to avoid penalty
Taxpayers who fail to disclose foreign assets or income in their ITR could face a penalty of Rs 10 lakh under the...
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21Disclose Foreign Assets, Income Or Face Rs 10 Lakh Fine, Tax Department Issues Caution
The Income Tax Department cautioned taxpayers that failure to disclose assets held abroad or income can attract a penalty The Income-Tax Department...
