Search For "income tax"
CBDT further extends due date for filing Income Tax Returns to September 1
Updated : 5 months, 3 weeks ago IST
The Central Board of Direct Taxes has decided to extend further the due date for filing Income Tax Returns (ITRs) for Assessment Year 2025-26 from 15th September, 2025, to 16th September, 2025, an official release announced.
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Delhi Police crackdown: 25 locations raided in major gangster operation
Updated : 5 months, 3 weeks ago IST
According to the DCP Dwarka Ankit Kumar Singh, this raid was conducted against all wanted criminals, who were once shooters and provided logistics or financial aid to gangsters. This operation focused on the 6-7 places in Delhi NCR.
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Last date of ITR filing today; Income Tax Dept says deadline not extended
Updated : 5 months, 3 weeks ago IST
In a statement, the I-T department said that fake messages were being circulated suggesting that the deadline, originally due on July 31, 2025 and later extended to September 15, 2025, had been pushed to September 30.
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New GST rates, coming into effect this Navratri, to boost economy: Ashwini
Updated : 5 months, 3 weeks ago IST
The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India's economy to another level, Union minister and BJP leader Ashwini Vaishnaw told reporters Saturday, addressing a presser from the party headquarters.
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Tax holidays, import duty waivers can power India's semiconductor mission:
Updated : 5 months, 3 weeks ago IST
Extending income tax holidays and waiving import duties on expensive semiconductor equipment will accelerate India's semiconductor manufacturing capabilities, said Eswara Rao Nandam, CEO of Polymatech Electronics, a company engaged in providing chip manufacturing solutions.
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"Whenever LoP raises questions about electoral malpractices, EC maintain d
Updated : 5 months, 3 weeks ago IST
He wrote, "Whenever Leader of Opposition @RahulGandhi raises pertinent questions about electoral malpractices, corruption or misuse of agencies, the concerned authorities, be it Election Commission, Enforcement Directorate, Income Tax or Central Bureau of Investigation maintain a deafenin
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GST reforms to aid consumption and sustain growth, however tariff risks cl
Updated : 5 months, 3 weeks ago IST
Despite global headwinds ranging from tariff volatility to geopolitical tensions, NSE's Macro Review report notes that India's GDP momentum could ease over in next few quarters as higher tariffs begin to weigh on exports. At the same time, a possible rationalisation of GST rates ahead of the
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"Heartening to see this": FICCI president welcomes growth figures of GDP
Updated : 5 months, 3 weeks ago IST
Real GDP has been estimated to grow by 7.8 per cent in Q1 of FY 2025-26 over the growth rate of 6.5 per cent during Q1 of FY 2024-25. Nominal GDP has witnessed a growth rate of 8.8 per cent in Q1 of FY 2025-26.
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Shutter-down strike hits Hunza, Skardu, Gilgit; traders demand PoGB as 'no
Updated : 5 months, 3 weeks ago IST
According to Dawn, the traders' demands are aligned with recommendations of the PoGB cabinet, which had asked the federal government to declare the region a non-tariff area. The cabinet urged Islamabad to exempt the people from sales tax and income tax on goods imported from China and ens
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Reduction in GST rates have higher multiple effect on economy, than cut in
Updated : 6 months, 4 weeks ago IST
A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with direct taxes, according to a report by Ambit Capital.
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Personal income tax collection overtakes corporate tax: Report
Updated : 7 months ago IST
Personal income tax collections have surpassed corporate taxes for the first time in India's history, signalling a structural shift in the country's direct tax architecture driven by formalisation, digitisation and stronger compliance, according to a report by JM Financial Institutional Secu
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New Income Tax Act written in simple language to reduce legal complexities
Updated : 7 months ago IST
The new Income Tax Act has been formulated using simple language to eliminate complicated legal challenges and make tax provisions more accessible to common taxpayers, according to RN Parbat, Member (Legislation) at the Central Board of Direct Taxes (CBDT).
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