Record number of over 7.85 crore ITRs filed till October 31, 2023

The total number of ITRs for Assessment Year (AY) 2023-24 filed till October 31, 2023, is more than 7.65 crore.

Direct Taxes Data shows improved Taxpayer compliance

Income Tax Department has, over the years, focused on several measures to ensure ease in compliance of taxpayers and...

"Income inequalities increasing under Modi Govt": Jairam Ramesh

The analysis of income tax returns reveals a widening gap between the ultra-rich and the middle class during the...

UP emerges second in terms of Income Tax Return filers in 2023

Uttar Pradesh has emerged second largest state in terms of number of Income Tax Return (ITR) filers in 2023,...

ITR fillings crossed 6.5 crore

The last date for filing income tax returns (ITR) for the financial year 2022-23 is today (Monday).

IT Dept sends 1 lakh notices for underreporting income

Union Finance Minister Nirmala Sitharaman has said that the Income Tax Department has sent about one lakh notices to...

Bitget Partners with ClearTax to Help Users with Tax Filings

Victoria [Seychelles]/ Bengaluru (Karnataka) [India], July 21: Bitget, the world's leading copy-trading exchange has...

Exploring Tax Benefits of Mutual Funds for Young Salary Earners

Pune (Maharashtra) [India], June 30: Over the past few years, India's youth have increasingly adopted mutual funds...

Pre-approved personal loan: Unlocking your borrowing power

New Delhi [India], June 21: A pre-approved personal loan is a loan offer provided by a financial institution to a...

Taxpayers aged 18-35 years filed 2,09,06,829 ITRs: Centre

As per Income-tax Act, 1961, tax is calculated and collected based on total income returned in Income tax Returns (ITR).

I-T dept issues 66.92 pc higher refunds till November for FY23

According to the finance ministry, income tax department has sped up the issue of refunds till November in fiscal...

Govt releases draft common ITR form for public consultation

The statement said that the proposed draft ITR takes a relook at the return filing system in tandem with...