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Sitharaman urges tax officials to prevent doubts from escalating into grievances
Union Finance Minister Nirmala Sitharaman on Friday urged officers of the Central Board of Indirect…
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51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime, notes FinMin data
The total number of ITRs for AY2024-25 filed till July 31, 2024, is more than 7.28 crore.
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Filing your ITR at the last minute? Don't make these mistakes
As per official data, about 6 crore ITRs have already been filed so far, and around 70% of them hav…
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Did you know about the only Indian state exempt from paying any income tax? Know all about it here
​​Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…
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Five things to remember as you file your ITRs at the last minute
ITR-1 form is designed for resident individuals who have income from salary, one house property, an…
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ITR Filing: Today is the last day to file your income tax returns, so file today to avoid penalties
You will have to pay a penalty of Rs. 1,000 if your total annual taxable income is below Rs 5,00,00…
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Confused about the new tax regime? Here's when you should opt for it
The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…
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Wondering which ITR form is right for you? Know all about it here
It's time to file your ITRs! While the deadline is 31st July, it's best to not put off filing your …
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Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
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GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
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GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in…
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India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…