Tag: income tax
ITR deadline is November 15, 2024 for these taxpayers: Check details
The deadline for filing income tax returns (ITR) for the financial year 2023-24 is November 15, 2024, specifically for taxpayers subject to an income tax…
India’s net direct tax collection rises 15.4 pc to Rs 12.1 lk cr in April-November
India’s net direct tax collection grew 15.4 per cent year on year to Rs 12.1 lakh crore during the period April 1-November 10. Direct taxes…
Revised estimates for direct tax revenues may remain unchanged
The Centre is unlikely to change the budgeted estimate for direct tax collection for this financial year, pegged at ₹22.07 lakh crore in July, when…
direct tax collections: Net direct tax collections rise 18.35 pc to Rs 11.25 lakh crore in April-October
Net direct tax collections rose 18.35 per cent year-on-year to Rs 11.25 lakh crore as on October 11, the government said in a statement. The…
Vivad Se Vishwas 2.0: Lesser settlement amounts for those who file declaration by Dec 31
The Income Tax Department on Saturday said it has notified dispute resolution scheme Vivad Se Vishwas scheme 2.0 that provides for lesser settlement amounts for…
Finance Ministry says UIDAI does not need to pay income tax
The finance ministry has exempted the income of Unique Identification Authority of India (UIDAI) from payment of income tax for five years till fiscal 2027-28….
ITR 2024: Waiting for income tax refund? Tax refund rules to know about
July 31 was the final deadline for filing income tax returns (ITR), with over 7.28 crore income tax returns filed for the financial year 2023-24….
New record of over 7.28 cr income-tax returns filed: Tax dept
New Delhi, A new record of over 7.28 crore income tax returns were filed by the July 31 deadline, the income tax department said on…
ITR filing 2024 LIVE Updates: Has ITR deadline for FY2024 been extended?
Follow all the updates here: July 31, 2024 11:48 AM IST ITR filing 2024 LIVE Updates: How much third-party websites charge for filing ITR? ITR…
How to switch to old tax regime from new tax regime for filing income tax
The current income tax rules does provide the freedom for taxpayers to choose between the new tax regime and the old tax regime based on…