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ITR Advance Tax Deadline Today: Who Needs To Pay, How To Avoid Penalties
Advance tax is a system where taxpayers pay their income tax liability in installments throughout the financial year, instead of a lump sum at the end.
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Hong Kong Spends Rs 76 Lakh On Panda Renaming Contest, Ends Up Retaining Original Names
The taxpayer's money was spent to build a website for the activity, recruit staff, post advertisements and offer prizes to winners.
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Chhattisgarh Ordered 400 Bolero SUVs For SOS Calls. They Are Rotting Now
In a shocking instance of the wastage of taxpayers' money, four hundred Mahindra Bolero SUVs are rotting unused on the campus of the third battalion of Chhattisgarh Security Force in the state's Durg district.
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PAN 2.0: Will Your Old PAN Still Work? All Your Questions Answered
Union Minister for Information and Broadcasting Ashwini Vaishnaw said the project would transform taxpayer registration services through advanced technology
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This Is What King Charles Coronation Cost UK Taxpayers
King Charles III's coronation last year cost British taxpayers 72 million pounds ($90.7 million), official accounts released late Thursday revealed.
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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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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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Shah Rukh Khan Beats Virat Kohli As The Top Tax-Paying Indian Celebrity. Details Here
Tamil superstar Vijay, who paid Rs 80 crore as tax, stood second in the list
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Donald Trump Backs Decriminalisation Of Marijuana To Save Taxpayer Dollars
Former U.S. President Donald Trump on Saturday suggested his support for the decriminalization of marijuana, saying taxpayer dollars should not be wasted arresting people carrying "personal amounts."
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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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RBI Raises UPI Limit to Rs. 5 Lakh for Tax Payments, Introduces Delegated Payments Feature
The Reserve Bank of India (RBI) recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1...
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Explained: How New Long Term Capital Gains Tax Options Will Boost Real Estate Market
The government's decision to allow taxpayers to pick between two long-term property transactions has brought cheers to the real estate industry, with experts saying that this move will have a very profound impact on both homeowners and homebuyers.
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Nirmala Sitharaman Proposes Amendments To LTCG Tax On Immovable Properties
Nirmala Sitharaman today said the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
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Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax
The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.
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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.
-
ITR Advance Tax Deadline Today: Who Needs To Pay, How To Avoid Penalties
Advance tax is a system where taxpayers pay their income tax liability in installments throughout the financial year, instead of a lump sum at the end.
-
Hong Kong Spends Rs 76 Lakh On Panda Renaming Contest, Ends Up Retaining Original Names
The taxpayer's money was spent to build a website for the activity, recruit staff, post advertisements and offer prizes to winners.
-
Chhattisgarh Ordered 400 Bolero SUVs For SOS Calls. They Are Rotting Now
In a shocking instance of the wastage of taxpayers' money, four hundred Mahindra Bolero SUVs are rotting unused on the campus of the third battalion of Chhattisgarh Security Force in the state's Durg district.
-
PAN 2.0: Will Your Old PAN Still Work? All Your Questions Answered
Union Minister for Information and Broadcasting Ashwini Vaishnaw said the project would transform taxpayer registration services through advanced technology
-
This Is What King Charles Coronation Cost UK Taxpayers
King Charles III's coronation last year cost British taxpayers 72 million pounds ($90.7 million), official accounts released late Thursday revealed.
-
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.
-
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.
-
Shah Rukh Khan Beats Virat Kohli As The Top Tax-Paying Indian Celebrity. Details Here
Tamil superstar Vijay, who paid Rs 80 crore as tax, stood second in the list
-
Donald Trump Backs Decriminalisation Of Marijuana To Save Taxpayer Dollars
Former U.S. President Donald Trump on Saturday suggested his support for the decriminalization of marijuana, saying taxpayer dollars should not be wasted arresting people carrying "personal amounts."
-
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.
-
RBI Raises UPI Limit to Rs. 5 Lakh for Tax Payments, Introduces Delegated Payments Feature
The Reserve Bank of India (RBI) recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1...
-
Explained: How New Long Term Capital Gains Tax Options Will Boost Real Estate Market
The government's decision to allow taxpayers to pick between two long-term property transactions has brought cheers to the real estate industry, with experts saying that this move will have a very profound impact on both homeowners and homebuyers.
-
Nirmala Sitharaman Proposes Amendments To LTCG Tax On Immovable Properties
Nirmala Sitharaman today said the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
-
Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax
The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.
-
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.
