FM withdraws all outstanding direct tax demands upto Rs 25,000, will benefit 1 cr taxpayers

Image used for representative purpose. File | Photo Credit: MURALI KUMAR K Resolving long-pending tax dispute,…

Budget 2024: ITR deadline should be extended, says Hiren Thakkar of Hiren S Thakkar and Associates

Budget 2024 : The government undertook the rationalisation of income tax slabs and launched a new…

Over 8.18 crore income tax returns filed till December 31 for AY 2023-24: Finance Ministry

Image Source : FILE PHOTO REPRESENTATIVE IMAGE ITRs filing: A record high of 8.18 crore tax returns have…

Missed filing ITR? December 31 is last day to file belated income tax returns

As the saying goes, “Better late than never,” but when it comes to filing your income…

Old tax regime continues to be favoured by 63% of taxpayers, says survey

A recent survey conducted by Policybazaar reveals that despite the introduction of the new tax regime…

‘Super rich’ incomes’ share ebbing amid middle-class mobility: CBDT

Tax payers file their income-tax returns. As many as 7.41 crore I-T returns have been filed…

Income Tax Department considering drive to expedite refunds: Report

With 3.5 million tax refund cases currently delayed, the Income Tax (IT) Department is contemplating the…

How India created wealth in the last four financial years, Sitharaman explains

Global Fintech Fest 2023: Union Finance Minister Nirmala Sitharaman said on Tuesday that India’s financial ecosystem…

These are top five states with nearly 50% total income tax returns filed

Maharashtra, Uttar Pradesh, Gujarat, Rajasthan, and West Bengal are the top 5 states, constituting 48 percent…

ITR Filing AY 2023-24: Are You Waiting For ITR Refund? When Can You Expect It, And How Can You Check Its Status?

New Delhi: Every year, taxpayers across the country file their income tax returns with the hope of…