The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from April 1, 2024 onwards.
The Congress MP has been in the news since December last year after the Income Tax department seized Rs 351.8 crore in cash during raids on the premises linked to Odisha-based Boudh Distillery Pvt Ltd, promoted by his family.
The income tax returns filed by individual taxpayers in India earning between Rs 5 lakh and Rs 10 lakh climbed by 295 per cent in the assessment years 2013-14 and 2021-22, showing a positive trend of migration to a higher range of gross total income, according to a report by SBI Research.
Pune (Maharashtra) [India], December 8: Bajaj Markets, an online marketplace and a subsidiary of Bajaj Finserv, offers a host of tax-saving tools across categories like investments, loans, and insurance. As the ITR filing deadline approaches, individuals seeking last-minute options to save o
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
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.
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
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
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.