Search For "taxpayers"
Sitharaman says "numbers speak for themselves" as Indians increasingly opt
Updated : 1 year, 6 months ago IST
In the Budget for 2020-21, the government, in order to provide relief to individual taxpayers and to simplify the income-tax law, had proposed to bring a new and simplified personal income tax regime wherein income tax rates were significantly reduced for those who forgo certain deductions a
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New tax regime offers a clear and straightforward calculation of tax liabi
Updated : 1 year, 7 months ago IST
An increasing number of taxpayers have opted for the New Tax Regime this year. Out of the total ITRs of 7.28 crore filed for AY 2024-25, 5.27 crore have been filed in the New Tax Regime compared to 2.01 crore ITRs filed in the Old Tax Regime.
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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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"Honest taxpayers of Pune have been completely cheated by govt": Supriya S
Updated : 1 year, 7 months ago IST
"The taxpayers are suffering due to the government's mismanagement. My demand is that they have to give a clear package, clean the area, and ensure food and water supply. People's documents have gone missing, children's books have gone missing, and the government has to pay for all this.
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'Honoring the honest': Gujarat CM Bhupendra Patel honors taxpayers
Updated : 1 year, 7 months ago IST
Gujarat Chief Minister Bhupendra Patel praised the transformation of the tax system from a process-centric to a people-centric model, a change driven by the reform, perform, and transform vision under Prime Minister Shri Narendra Modi's leadership.
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Budget has given new incentives to taxpayers for filing tax returns under
Updated : 1 year, 7 months ago IST
Under the proposed provisions, if a salaried or a retired taxpayer chooses the new tax regime, he will now get a standard deduction of Rs 75,000 instead of Rs 50,000, which was applicable till last year, on his/her salary or pension income. But for those who opt for the old tax regime the st
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Kenya spends USD 1 billion in a year to repay Chinese loans, burdening tax
Updated : 1 year, 8 months ago IST
Amid unrest in Kenya due to debt distress, it is reported that the country has spent 152.69 billion KES (approximately 1 billion USD) to repay debt to China in the just-ended financial year, highlighting the burden on taxpayers in servicing loans taken to build a modern railway and other inf
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Pakistan: Former PML-N leaders criticise federal budget, say it lacks refo
Updated : 1 year, 8 months ago IST
They urged the government to review the budget and roll back punitive measures like increasing taxes on the salaried class and allocating Pakistani Rupees (PKR) 500 billion to MNAs for development schemes in their constituencies.
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Industry suggests FM to increase Capex, restructure GST slabs and give rel
Updated : 1 year, 8 months ago IST
During the meeting, industry representatives demanded the restructuring of GST tax, lowering of tax, and increased capital expenditure.
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Tax Filing Made Simpler with Quicko; Now Available on Bajaj Markets
Updated : 1 year, 8 months ago IST
Pune (Maharashtra) [India], June 20: Bajaj Markets, one of India's leading financial marketplaces, has introduced a convenient income tax filing solution for their customers. It has partnered with Quicko, a pioneering tax filing platform, to provide a seamless e-filing experience to taxpayer
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Income Tax Return 2024: Deadlines For Your ITR Filing
Updated : 1 year, 9 months ago IST
New Delhi [India], June 12: As the financial year comes to a close, it's time to turn our attention to one of the most critical tasks for taxpayers: filing the Income Tax Return (ITR). The Income Tax Return Filing 2024 season has started, and meeting the deadlines is crucial to avoid penalti
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EZTax Improved EZ-Help to Enhance Taxpayer Experience and to Reduce IT Fil
Updated : 1 year, 9 months ago IST
Hyderabad (Telangana) [India], June 6: EZTax, the leading tax compliance portal in India, has announced substantial improvements to its EZ-Help feature today. These improvements are designed to assist Indian taxpayers in submitting their Income Tax Return (ITR) in a more efficient and straig
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