Income tax
- Delhi
Delhi HC stays IT reassessment proceedings against Oxfam India
New Delhi: The Delhi High Court has stayed the income tax reassessment proceedings against NGO Oxfam India. The court issued a notice to the Income Tax (I-T) Department and sought its response…
- News
More than 6 crore ITRs filed till July 31
New Delhi: A total of 6.77 crore income tax returns (ITRs) for assessment year 2023-24 were filed till July 31, the Income Tax Department said on Tuesday. This was 16.1 per cent…
- India
Today is last date for filing ITR 2023; Know consequences of missing deadline
The last date for filing the Income Tax Return (ITR) 2023 is today. With just a few hours left for filing the ITR, it is important to know the consequences of missing…
- India
More than six crore ITRs filed till date: Income Tax dept
New Delhi: The Income Tax Department on Sunday announced that more than six crore ITRs have been filed till date, out of which, nearly 26.76 lakh ITRs have been filed on July…
- Business
GST detects Rs 27 crore tax evasion; only Rs 922 crore recovered
New Delhi: In six years since the introduction of the Goods and Services Tax (GST), the government has detected 5,070 fraud cases of GST registration misusing PAN and Aadhaar details of people…
- Bollywood
Meet highest tax paying actress in Bollywood
Mumbai: Deepika Padukone has emerged as Bollywood‘s highest-tax-paying actress, consistently outpacing her female peers in India, according to reports. Deepika’s financial prowess is in the spotlight thanks to her blockbuster success in…
- India
As last date for filing ITR 2023 approaches, know top 10 mistakes to avoid
With just a few days left until the last date for filing the Income Tax Return (ITR) in 2023, it is important to know the top 10 mistakes to avoid while filing…
- Business
File tax returns as July 31 deadline won’t be extended: Centre
New Delhi: The government has urged taxpayers to file their income tax returns before July 31, 2023, to avoid the last minute rush, as there is no possibility of any extension of…
- India
No income tax till Rs 7.27 lakh per annum, says FM Sitharaman
Udupi: Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle-class people, including income tax exemption for those earning up to Rs 7.27 lakh…
- Hyderabad
Hyderabad: Hoax bomb call at Basheerbagh Income Tax office
Hyderabad: Panic prevailed at the Commissioner of Income Tax office at Basheerbagh after a caller informed about a bomb planted in the building on Monday afternoon. The income tax department employees rushed…
- Middle East
Income Tax in UAE? Here’s what the government said
Abu Dhabi: The UAE introduced a federal corporate tax at a standard statutory rate of 9 percent starting from this fiscal year, beginning on or after June 1. The introduction of the…
- Hyderabad
Hyderabad: Fake IT officials rob 1.7 kg gold from jewelry melting unit
Hyderabad: A daring heist took place in the Pot Market area of Secunderabad when a group of individuals posing as income tax officials stormed into a jewelry and gold melting shop and…
- India
Techie involved in Income Tax refund fraud arrested
Bengaluru: A techie who allegedly siphoned off huge amounts of money related to income tax refunds from the I-T Department into bank accounts “impersonating” those of original assessees has been arrested, police…
- Hyderabad
IT dept targets ‘benami vehicles’ in Hyderabad after crackdown on properties
Hyderabad: The Income Tax Department has now set its sights on benami vehicles after targeting benami properties. The department has issued an order to ban the purchase and transfer of a Mercedes…
- Hyderabad
Income Tax officials raid textile stores in Hyderabad
Hyderabad: Income Tax officials are conducting searches in many parts of Hyderabad since the early hours of Monday. Searches are being done at famous clothing stores and their owners are being investigated.…
