The new Income Tax bill, which was passed by Lok Sabha on Monday, provides flexibility for allowing refund claims in cases where the return is not filed in due time and reduces the time period for filing TDS correction statements to two years from six years as provided in the Income Tax A
India's tax administration has undergone a dramatic transformation over the past decade, with taxpayer refunds growing at nearly double the pace of tax collections, Ministry of Finance sources told ANI.
New Delhi [India], June 27: Buying a home costs more than the agreement value. Each state levies stamp duty (about 5 - 7% of market value) and registration fees (around 1%) to record the sale. Those cheques sting--but Section 80C of the Income Tax Act lets you claw back part of the outlay. U
Delhi Police Special Cell's Intelligence Fusion and Strategic Operations (IFSO) unit has dismantled an international scam operation targeting citizens of the United States, United Kingdom, and Canada.
Jaipur (Rajasthan) [India], June 24: Tax2win.in, a government-authorised ERI and one of India's leading online tax filing platforms, has launched its Self ITR Filing service for Financial Year 2024-25 (Assessment Year 2025-26), supporting both ITR-1 and ITR-4 forms. Powered by an advanced AI
India's gross direct tax collections for the financial year 2025-26 rose by 4.86 per cent to about Rs 5.45 lakh crore as of June 19, compared to about Rs 5.19 lakh crore collected during the same period last year, according to data released by the Income Tax Department.
A technical snag delayed Air India Express's Kolkata-Hindon flight. Passengers were offered free rescheduling or full refunds. The airline apologised for the inconvenience, ensuring the flight operated after resolving the issue.
Air India has diverted or cancelled several international flights due to Iran's airspace closure amid rising tensions. The airline is offering refunds, rescheduling, and accommodations to affected passengers and advises travellers to check flight status before departure.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday launched a statewide awareness campaign on World Environment Day, pledging to eliminate plastic pollution and make the state plastic-neutral within five years.
In a post on X, the airline said, "Our flights to and from Tel Aviv will remain suspended till 19th June 2025. Customers holding valid tickets for travel till 19th June will be offered a one-time waiver on rescheduling charges or a full refund for cancellations."