Search For "tax department"
51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of t
Updated : 1 year, 7 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, 7 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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Telangana: 11 lorries seized for overloading, transport violations during
Updated : 1 year, 8 months ago IST
The Vigilance and Enforcement wing in Telangana's Warangal, along with the Regional Transport Authority (RTA), the Mines, and the State Tax Departments, conducted a surprise check on the intervening nights of Friday and Saturday and seized 11 lorries (trucks) for overloading and other road t
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Over 5 crore Income Tax Returns filed till July 26
Updated : 1 year, 8 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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New tax proposal without indexation for real estate is beneficial in most
Updated : 1 year, 8 months ago IST
In a social media post on "X" the income tax department says the proposed new tax rate without indexation is beneficial in most cases.
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SC rejects DK Shivakumar's plea on quashing CBI's disproportionate assets
Updated : 1 year, 8 months ago IST
The Supreme Court was hearing a petition filed by the Deputy Chief Minister against the order of the Karnataka High Court, which had earlier rejected his plea.
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Robust net direct tax collection in FY25, (upto July 11) up 19.54 per cent
Updated : 1 year, 8 months ago IST
The net direct tax collection of the government registered a significant growth of 19.54 per cent in financial year 2024-25, amounting to Rs 5,74,357 crore by July 11, highlighted the data by the income tax department.
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All India ITR brings Effective Ways to Save on Tax
Updated : 1 year, 9 months ago IST
New Delhi [India], June 11: In today's financial landscape, effective financial management is paramount for ensuring a smooth and stress-free year. A critical aspect of this management is maximizing tax savings. Gone are the days when tax filing involved heaps of paperwork and frequent trips
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BJP uses 'I.C.E' treatment on opposition: NCP-SCP leader Clyde Crasto
Updated : 1 year, 9 months ago IST
NCP-SCP leader Clyde Crasto on Saturday accused the BJP of using central agencies like the Income Tax Department, CBI, and ED to target opposition leaders with allegations of corruption.
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Edelweiss Rural and Corporate services received Rs 2.61 crore tax notice f
Updated : 1 year, 9 months ago IST
Edelweiss Financial Services Limited's subsidiary, Edelweiss Rural & Corporate Services Ltd., received a tax demand notice of Rs. 2.61 crores from the Income Tax Department, the company informed the exchange in its filing.
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Income Tax Department seizes record Rs 1100 crore cash and jewellery in Lo
Updated : 1 year, 10 months ago IST
As per the sources, by the end of May 30th, the department had seized approximately Rs 1100 crore worth of cash and jewellery, marking a 182 per cent increase compared to the Rs 390 crore seized during the 2019 Lok Sabha elections.
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Income Tax seize Rs 26 crore cash after raids against Nashik-based jewelle
Updated : 1 year, 10 months ago IST
According to IT department officials, about Rs 26 crore in cash and documents of unaccounted "wealth" worth Rs 90 crore have been seized during the searches.
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