Search For "income tax"
Embarrassment for Pak govt as opposition blocks money bill
Updated : 10 months, 2 weeks ago IST
The Pakistani government faced an embarrassing defeat in the National Assembly as the opposition blocked the Income Tax (Amendment) Bill 2024 by exploiting lack of quorum. Meanwhile, PTI lawmakers continue to face a blackout in state and official media coverage.
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DPIIT approves 187 startups for tax relief under revised section 80-IAC fr
Updated : 10 months, 2 weeks ago IST
The Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for income tax exemption under the revamped Section 80-IAC of the Income Tax Act.
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Canada unveils tax relief for middle class, reduces income tax rate to 14%
Updated : 10 months, 2 weeks ago IST
Following the unveiling of a new cabinet, Canada has announced a significant personal income tax cut as one of the government's top legislative priorities for the new parliamentary session. The proposal will see the lowest marginal personal income tax rate reduced from 15 per cent to 14 p
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CBDT notifies new ITR form 5 for 2025-26 with key updates
Updated : 10 months, 3 weeks ago IST
The Central Board of Direct Taxes (CBDT) has issued Notification No. 42/2025, dated May 1st, 2025, unveiling the new Income Tax Return (ITR) Form 5 for the Assessment Year 2025-26, the Income Tax Department said on its official X page.
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How to get Rs5,00,000 Loan on a PAN Card?
Updated : 10 months, 3 weeks ago IST
New Delhi [India], May 3: PAN, i.e. Permanent Account Number, is an identification number that provides lenders with a complete image of the credit pattern. This number is a 10-digit alphanumeric number issued by the Income Tax Department of India. It helps monitor the monetary transactions
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Select Committee of Lok Sabha to examine Income-Tax Bill 2025 in meeting t
Updated : 10 months, 4 weeks ago IST
he Select Committee of Lok Sabha is scheduled to hold a crucial meeting today at the Parliament House Annexe (PHA) to examine the Income-Tax Bill 2025.
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CAG conducts strategic leadership conclave to foster synergy and innovatio
Updated : 11 months ago IST
The Office of the Comptroller and Auditor General of India (CAG) successfully concluded two-day "Breaking Silos - Fostering Synergies" Strategic Leadership Conclave here today. In his insightful keynote address, the CAG K Sanjay Murthy emphasised the critical importance of strengthening stak
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Taxpayers can file income tax without login, CBDT unveils 'e-Pay Tax' feat
Updated : 11 months, 1 week ago IST
The Income Tax Department has introduced the 'e-Pay Tax' feature on its official online portal to facilitate the taxpayers by easing various processes, according to the Central Board of Direct Taxes (CBDT).
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Parliamentary panel Bill seeks expert suggestions on Income-Tax Bill 2025
Updated : 11 months, 1 week ago IST
The Select Committee of the Lok Sabha, which is reviewing the Income-Tax Bill, 2025, on Thursday called for suggestions and views from experts, industry associations, organisations, and other stakeholders on the proposed legislation, as per an official release.
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"ED must be abolished": Akhilesh Yadav amid row over National Herald case
Updated : 11 months, 2 weeks ago IST
"In my understanding, a department like ED must be abolished. I will ask Congress to ask for the same thing. There are several institutions to look into economic offences. Having ED means that you are not even trusting your own organisations like the Income Tax department or GST," Yadav,
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"ED has created terror in the whole country": Tikaram July slams Union Gov
Updated : 11 months, 2 weeks ago IST
Congress MLA and Rajasthan Legislative Assembly Leader of Opposition Tikaram July said that the Union Government is misusing the ED, CBI and Income Tax.
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Odisha: National Income Tax employees meeting to conclude today in Puri
Updated : 11 months, 2 weeks ago IST
State-level office bearers of both associations from across the country, along with their national-level leaders, are participating in the conference. During the inaugural and subject sessions, key issues concerning Income Tax Department employees, as well as broader matters related to Centr
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