Search For "income"
Government likely to announce personal income tax relief in upcoming Budge
Updated : 1 year, 2 months ago IST
The government is expected to provide some relief to personal income taxpayers in the Union Budget for FY2026, according to a report by ICRA.
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90,000 taxpayers withdraw incorrect deductions worth Rs 1,070 crores
Updated : 1 year, 2 months ago IST
Approximately 90,000 taxpayers have voluntarily withdrawn incorrect deduction claims totaling around Rs 1,070 crores in their ITRs and have paid additional taxes, according to the sources.
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Madhya Pradesh cabinet approves implementation of 'Garib Kalyan Mission' t
Updated : 1 year, 2 months ago IST
The mission aims to uplift economically disadvantaged sections and ensure their income meets a minimum level
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India's restaurant industry shows signs of recovery; International brands
Updated : 1 year, 2 months ago IST
Key trends such as rising per capita incomes, smaller household sizes, and a declining dependency ratio are creating a ripe environment for growth in the restaurant space.
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Gross Direct Tax collection sees 19.94 per cent growth as of January 12
Updated : 1 year, 2 months ago IST
Corporate tax (CT) contributed Rs9.72 lakh crore, while non-corporate tax (NCT) stood at Rs10.45 lakh crore. Collections from Securities Transaction Tax (STT) surged to Rs44,538 crore, and other taxes contributed Rs2,868 crore. These figures highlight robust growth across key categories, dri
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ICMR study reveals 15 lakh annual surgical site infections in India
Updated : 1 year, 2 months ago IST
According to the ICMR report the SSI rate in India is 5.2 per cent, which is higher than many high-income countries.
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J-K: ACB conducts searches, books Srinagar Smart City officials in disprop
Updated : 1 year, 2 months ago IST
Assistant Inspector General (AIG) of ACB, Abdul Waheed Shah, said that the ACB had conducted preliminary verification into allegations that the CFO Sajid Yousuf Bhat and executive engineer Zahoor Ahmad Dar had accumulated assets disproportionate to their lawful sources of income.
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IDFC FIRST Bank Goes Live on Direct Tax Collection System of CBDT
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], January 10: IDFC FIRST Bank announced its integration with Income Tax Portal to collect Direct Tax on behalf of Central Board of Direct Taxes (CBDT), Government of India. The Bank's customers can now benefit from an intuitive, hassle-free payment experience for
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IDFC FIRST Bank goes live on Direct Tax Collection System of CBDT
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], January 9: IDFC FIRST Bank announced its integration with Income Tax Portal to collect Direct Tax on behalf of Central Board of Direct Taxes (CBDT), Government of India. The Bank's customers can now benefit from an intuitive, hassle-free payment experience for p
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"GST is of the rich, by the rich and for the rich," says Congress leader T
Updated : 1 year, 2 months ago IST
"Today, a system which has been implemented in the name of One Nation One Tax (GST) in the country is - of the rich, by the rich and for the rich. The provisions of GST which are currently in force are making the rich richer and the middle class and the lower income group pay more GST. Ten p
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Rural consumption will increase but urban consumption may slowdown further
Updated : 1 year, 2 months ago IST
The report identifies four factors--wealth effect, incomes, leverage, and fiscal transfers--as key drivers of consumption cycles. Over the past two decades, these drivers have influenced consumption across distinct phases, including periods of broad-based growth and K-shaped recovery.
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CBI files corruption case against DUSIB law officer Vijay Kumar Maggo
Updated : 1 year, 2 months ago IST
According to the CBI, Maggo is accused of acquiring assets worth Rs 5.21 crore between April 2019 and November 2024, which are disproportionate to his known lawful sources of income.
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