Despite pandemic, India reports 100% jump in net direct tax collections
New Delhi: Despite the devastating second wave of the pandemic, India’s direct tax…
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Income Tax
CBDT extends timelines of certain compliances under the Income Tax Act
New Delhi : In view of difficulties faced by taxpayers due to the severe pandemic, Income…
Modi launches ‘Transparent Taxation – Honoring the Honest’ platform
New Delhi : Prime Minister Narendra Modi on Thursday launched 'Transparent Taxation -…
Income Tax Department to release all pending IT Refunds upto Rs 5 lakhs immediately
NewDelhi : In a relief to business entities and individual taxpayers, the Income Tax…
Income Tax Exemption Limit raised to Rs.5 lakh, Higher standard deduction proposed
NewDelhi : Individual taxpayers having taxable annual income up to Rs.5 lakhs will get…
India’s Direct Tax Collections up 14% in the April-December period
NewDelhi : India’s direct Tax collections grew by 14.1% to Rs.8.74 lakh Crore in the…
Exception from Online Filing of Application under Section 197 and 206C (9) in the cases of NRIs and…
NewDelhi : The Central Board of Direct Taxes (CBDT) has decided to allow exception from…
Number of Direct Tax Return filing up 80% in the last 4 years
New Delhi: India has achieved a growth of more than 80% in the number of Direct Tax…
CBDT further extends date for filing IT Returns
NewDelhi : The due date for filing of Income Tax Returns and Audit Reports for…
Govt extends last date for filing of Income Tax Returns and Audit Reports from to 15th October
New Delhi: The Central Board of Direct Taxes (CBDT) has extended the due date for filing…