All persons with income above the exemption limit need to file the income tax return (ITR). Currently, the exemption limit is Rs...
Nobody likes to give up or share the gains on their hard-earned investment with the taxman, however, it is obligatory for the...
If you haven’t filed your income tax return yet, you have few days left to do so to avoid legal proceedings. Individuals...
Regretting that people are claiming bogus refunds, Central Board of Direct Taxes (CBDT) chairman Sushil Chandra said it was time that people...
According to the documents seized, fake invoices covering goods worth more than Rs. 220 crore were issued without supply of goods, the release said....
GST Council Meets Today: Council will discuss reducing tax rate on items in the highest slab of 28% such as cement, cameras...
The taxman has said it sent emails and SMSes to a large number of people who have filed their returns after this...
HIGHLIGHTS Rise in ITR filing effect of demonetisation, says taxman Revenue department to achieve direct tax collection target, it adds 2 crore...
Income Tax return for salaried employees, pensioners ay 2019-20: The total number of ITRs e-filed upto August end this year was 5.42...
Several major income tax changes have come into effect from the start of the new financial year, i.e., April 1, 2018. These...