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Last Date To Link PAN With Aadhaar Card Approaching Soon: Here's How To Do It Online
The Income Tax department is urging taxpayers to link their Permanent Account Number (PAN) with the Aadhaar Card before December 31, 2024.
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Income Tax Department Raids Jharkhand Chief Minister's Close Aide
The Income Tax department is conducting raids at the residence of Sunil Srivastava, allegedly a close aide and personal secretary of Jharkhand Chief Minister Hemant Soren, said sources on Saturday.
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Share Owners Don't Count As "Working People": UK PM Keir Starmer
Prime Minister Keir Starmer says Britons who get additional income from stock holdings don't count as 'working people,' suggesting he's willing to raise taxes on investors.
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Submit Income Tax Audit Report Today To Avoid Penalties
The Centre has extended the deadline to file income tax audit reports for FY 2023-24. Originally set for September 30, the new October 7 deadline offers businesses and professionals a reprieve. Experts warn that further extensions are unlikely.
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Government Extends Income Tax Audit Deadline To October 7 Amid Filing Difficulties
The Government has extended the deadline due to technical issues faced by taxpayers during electronic submissions.
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Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
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Here's How You Can Check Status Of Your Income Tax Refund
If you filed your Income Tax Return (ITR) before the July 31, 2024, deadline and are still waiting for your refund, be aware that a delay in processing may also delay your refund.
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Top Tax Authority CBDT Forms Panel To Review Income Tax Law
An internal committee of the Income Tax Department will review the 1961 direct tax law to eliminate redundant clauses as well as adopt best global practices to simplify it for taxpayers for better compliance, CBDT chief Ravi Agrawal has said.
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High-Value Cash Transactions At Hotels, Hospitals Come Under Income Tax Scrutiny
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a "non-intrusive" manner, the CBDT has asked the I-T department.
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Will Income Tax Ever Be "Almost Zero"? What Finance Minister Said
Can income tax in India ever be "almost zero"? Finance Minister Nirmala Sitharaman said Tuesday she wished that could be the case, but given economic challenges facing India, including paucity of funds for research purposes, this is not likely.
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Finance Ministry Exempts Aadhaar Body UIDAI From Payment Of Income Tax
The finance ministry has exempted the income of Unique Identification Authority of India (UIDAI) from payment of income tax for five years till fiscal 2027-28.
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2 Delhi Cops Pose As Taxmen, Raid Businessman's House, Arrested
Two constables have been arrested for posing as income tax officials and raiding a Delhi businessman's house in the city, said police.
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Missed Income Tax Return Filing Deadline? You Can Still File ITR, Details Here
The deadline for filing income tax returns for the fiscal year 2023-24 ended on July 31. Despite repeated appeals from taxpayers, the Income Tax Department decided not to grant an extension on the deadline.
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Is Your Income Tax Return Delayed? Here's What You Should Do
As the deadline for filing Income Tax Returns (ITR) has passed, many taxpayers are waiting for their refunds, which could be delayed due to several factors.
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Why People In This Indian Hill Paradise Need Not Pay Income Tax
As the rest of India scrambled to meet the July 31 deadline for filing Income Tax Returns (ITR), one state remained blissfully exempt from the tax frenzy - Sikkim.
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Last Date To Link PAN With Aadhaar Card Approaching Soon: Here's How To Do It Online
The Income Tax department is urging taxpayers to link their Permanent Account Number (PAN) with the Aadhaar Card before December 31, 2024.
-
Income Tax Department Raids Jharkhand Chief Minister's Close Aide
The Income Tax department is conducting raids at the residence of Sunil Srivastava, allegedly a close aide and personal secretary of Jharkhand Chief Minister Hemant Soren, said sources on Saturday.
-
Share Owners Don't Count As "Working People": UK PM Keir Starmer
Prime Minister Keir Starmer says Britons who get additional income from stock holdings don't count as 'working people,' suggesting he's willing to raise taxes on investors.
-
Submit Income Tax Audit Report Today To Avoid Penalties
The Centre has extended the deadline to file income tax audit reports for FY 2023-24. Originally set for September 30, the new October 7 deadline offers businesses and professionals a reprieve. Experts warn that further extensions are unlikely.
-
Government Extends Income Tax Audit Deadline To October 7 Amid Filing Difficulties
The Government has extended the deadline due to technical issues faced by taxpayers during electronic submissions.
-
Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
-
Here's How You Can Check Status Of Your Income Tax Refund
If you filed your Income Tax Return (ITR) before the July 31, 2024, deadline and are still waiting for your refund, be aware that a delay in processing may also delay your refund.
-
Top Tax Authority CBDT Forms Panel To Review Income Tax Law
An internal committee of the Income Tax Department will review the 1961 direct tax law to eliminate redundant clauses as well as adopt best global practices to simplify it for taxpayers for better compliance, CBDT chief Ravi Agrawal has said.
-
High-Value Cash Transactions At Hotels, Hospitals Come Under Income Tax Scrutiny
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a "non-intrusive" manner, the CBDT has asked the I-T department.
-
Will Income Tax Ever Be "Almost Zero"? What Finance Minister Said
Can income tax in India ever be "almost zero"? Finance Minister Nirmala Sitharaman said Tuesday she wished that could be the case, but given economic challenges facing India, including paucity of funds for research purposes, this is not likely.
-
Finance Ministry Exempts Aadhaar Body UIDAI From Payment Of Income Tax
The finance ministry has exempted the income of Unique Identification Authority of India (UIDAI) from payment of income tax for five years till fiscal 2027-28.
-
2 Delhi Cops Pose As Taxmen, Raid Businessman's House, Arrested
Two constables have been arrested for posing as income tax officials and raiding a Delhi businessman's house in the city, said police.
-
Missed Income Tax Return Filing Deadline? You Can Still File ITR, Details Here
The deadline for filing income tax returns for the fiscal year 2023-24 ended on July 31. Despite repeated appeals from taxpayers, the Income Tax Department decided not to grant an extension on the deadline.
-
Is Your Income Tax Return Delayed? Here's What You Should Do
As the deadline for filing Income Tax Returns (ITR) has passed, many taxpayers are waiting for their refunds, which could be delayed due to several factors.
-
Why People In This Indian Hill Paradise Need Not Pay Income Tax
As the rest of India scrambled to meet the July 31 deadline for filing Income Tax Returns (ITR), one state remained blissfully exempt from the tax frenzy - Sikkim.
