Search For "income tax return"
Record number of over 7.85 crore Income Tax Returns filed till October 31
Updated : 2 years, 8 months ago IST
The total number of ITRs for Assessment Year (AY) 2023-24 filed till October 31, 2023, is more than 7.65 crore.
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Direct Taxes Data shows improved Taxpayer compliance
Updated : 2 years, 8 months ago IST
Income Tax Department has, over the years, focused on several measures to ensure ease in compliance of taxpayers and transparent tax administration. In line with transparency in its functioning, the Department had released the Time Series Data of Direct Taxes and Income Tax Return statistics
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"Income inequalities increasing under Modi Govt," alleges Jairam Ramesh
Updated : 2 years, 8 months ago IST
The analysis of income tax returns reveals a widening gap between the ultra-rich and the middle class during the tenure of the Modi government. The data speaks volumes--during the financial year 2013-14, the top 1 per cent of income taxpayers collectively accounted for 17 per cent of all inc
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Unprecedented increase in filing of ITRs in UP, jumps from 1.65 lakh in 20
Updated : 2 years, 10 months ago IST
Uttar Pradesh has emerged second largest state in terms of number of Income Tax Return (ITR) filers in 2023, according to a bulletin issued by Reserve Bank of India.
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Over 6.5 crore ITRs filed for 2022-23 fiscal till Monday evening
Updated : 2 years, 11 months ago IST
The last date for filing income tax returns (ITR) for the financial year 2022-23 is today (Monday).
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Income Tax Dept sent 1 lakh notices for underreporting, non-filing of retu
Updated : 2 years, 11 months ago IST
Union Finance Minister Nirmala Sitharaman has said that the Income Tax Department has sent about one lakh notices to individuals for non-filing of returns or understating incomes in the past years.
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Bitget Partners with ClearTax to Help Users with Crypto Tax Filings in Ind
Updated : 2 years, 11 months ago IST
Victoria [Seychelles]/ Bengaluru (Karnataka) [India], July 21: Bitget, the world's leading copy-trading exchange has announced its strategic partnership with ClearTax, a platform catering to diverse tax filings. The partnership between Bitget and ClearTax entails multiple community awareness
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Exploring Tax Benefits of Mutual Funds for Young Salary Earners
Updated : 3 years ago IST
Pune (Maharashtra) [India], June 30: Over the past few years, India's youth have increasingly adopted mutual funds as their preferred mode of investment. As per a report by CAMS, one of the country's largest registrar and transfer agencies, millennials comprised of around 54% of the 1.6 cror
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Pre-approved personal loan: Unlocking your borrowing power - FINCOVER
Updated : 3 years ago IST
New Delhi [India], June 21: A pre-approved personal loan is a loan offer provided by a financial institution to a borrower based on an initial assessment of their creditworthiness and financial profile.
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Taxpayers aged between 18 to 35 years filed 2,09,06,829 ITRs till Jan 31:
Updated : 3 years, 5 months ago IST
As per Income-tax Act, 1961, tax is calculated and collected based on total income returned in Income tax Returns (ITR).
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I-T dept issues 66.92 pc higher refunds till November for FY23
Updated : 3 years, 7 months ago IST
According to the finance ministry, income tax department has sped up the issue of refunds till November in fiscal 2022-23 (FY2022-23) compared to the corresponding period in 2021. Refunds amounting to Rs 2.15 lakh crore were issued between April 1, 2022, and November 30, 2022.
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Govt releases draft common income tax return form for public consultation
Updated : 3 years, 8 months ago IST
The statement said that the proposed draft ITR takes a relook at the return filing system in tandem with international best practices. It also said it proposes to introduce a common ITR by merging all the existing returns of income except ITR-7. However, the current ITR-1 and ITR-4 will cont
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