The thought of getting a Section 143 (1) income tax notice for wrong information provided in the income tax return (ITR) may...
The Income Tax (IT) department has issued advisories to Non-Resident Indians (NRIs) for non-filing of Income Tax Returns (ITR) and asking them...
The Income Tax Department has streamlined the filing of Income Tax Returns (ITR) by issuing specific forms tailored to various taxpayer categories,...
Budget 2024: It is likely that the budget would prioritise fiscal discipline and avoid populist measures. A senior official from the finance...
The total number of persons filing Income tax increased to 74 million in the assessment year 2022-23 (AY23) from 70 million in...
Some people think that instead of doing a large amount online transaction, if they deposit the same amount of cash in an...
New Delhi, Jan 7 (PTI) The government on Sunday said GST officers have detected 29,273 bogus firms involved in fake Input Tax Credit...
Calculating income tax in India may seem difficult, especially for salaried employees. But, understanding this process is crucial for managing personal finances...
Tax Deducted at Source (TDS) deductions from an employee’s salary are standard practice under India’s income tax laws once the salary surpasses...
Advance Tax: The government relies on taxes to fund its activities like building infra and providing various services. India has organised a...