Search For "income tax"
CBDT issues clarification in respect of Income-tax clearance certificate
Updated : 1 year, 10 months ago IST
In an official statement, the Ministry of Finance said dismissed the reports, which said that all Indian citizens must obtain income-tax clearance certificate (ITCC) before leaving the country.
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CBDT issues Central Action Plan 2024-25 to resolve high-priority tax deman
Updated : 1 year, 10 months ago IST
CAP 2024-25 calls for quick resolution of high-priority tax demand cases, identification of above Rs 2 lakh cash transactions at high-risk sectors like hotels and luxury retailers and widening of the tax base.
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IT Department summons Assam Congress leader Bhupen Borah
Updated : 1 year, 10 months ago IST
An official release by the Income Tax Department stated that Bhupen Kumar Borah's attendance is required in connection with the proceedings under the Income Tax Act 1961.
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Home Loans of up to Rs 15 Crores on Bajaj Markets
Updated : 1 year, 10 months ago IST
Pune (Maharashtra) [India], August 12: Bajaj Markets, a digital financial marketplace, facilitates easy access to home loans of up to Rs 15 Crores at interest rates starting from 8.50 per cent p.a. Customers can choose from flexible repayment tenures extending up to 30 years, enabling the
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Two police personnel posing as Income Tax officers held for bid to extort
Updated : 1 year, 11 months ago IST
Two police personnel, allegedly impersonating income tax officials, were arrested by the Delhi Police Special Cell after they attempted to raid a businessman's house in the Preet Vihar area of Delhi, police said.
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BJP-led government has significantly liberalised income tax slabs, taken s
Updated : 1 year, 11 months ago IST
Finance Minister Nirmala Sitharaman, taking part in the discussion on the consideration and passing of Finance Bill 2024, observed that her government has been taking several decisions to provide relief to the middle class on the personal tax income front.
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Provisions of TDS/TCS in case of death of deductee or collectee relaxed
Updated : 1 year, 11 months ago IST
The government has relaxed provisions of TDS/TCS in the event of death of deductee/collectee before the linkage of PAN and Aadhaar card.
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51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of t
Updated : 1 year, 11 months ago IST
The total number of ITRs for assessment year 2024-25 filed till July 31, 2024 is more than 7.28 crore, which is 7.5 per cent more than the total ITRs for assessement 2023-24 (6.77 crore) filed, a Ministry of Finance release stated on Friday. Out of the total ITRs of 7.28 crore filed, 5.27
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Over seven crore Income Tax Returns submitted on last filing day
Updated : 1 year, 11 months ago IST
The Income Tax Department of the Government of India on Wednesday informed that over seven crore Income Tax Returns (ITRs) were filed on July 31, marking the last day for submissions.
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Tax clearance certificate to fly abroad not mandatory for all, government
Updated : 1 year, 11 months ago IST
In reference to some misleading reports being circulated that a mandatory tax clearance is required for individuals before flying abroad, the government has clarified that under section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax clearance certificate. Read More
Over 5 crore Income Tax Returns filed till July 26
Updated : 1 year, 11 months ago IST
Over 5 crore Income Tax Returns (ITRs) have already been filed for AY 2024-25 till July 26 this year as compared to July 27 last year, the Income Tax Department said on a post on the social media platform X.
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Union Budget 2024: Real Estate Sector Responds to Strategic Investments an
Updated : 1 year, 11 months ago IST
Delhi NCR [India], July 25: Finance Minister Nirmala Sitharaman announced India's Union Budget for 2024-25, focusing on employment, skill development, support for MSMEs, and the middle class. This pivotal moment for India's fiscal policy outlined the government's financial roadmap, with all
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