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income tax news
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Chandigarh Beopar Mandal takes up traders’ issues with Bhartiya Udyog Vyapar Mandal
Chandigarh Beopar Mandal president Charanjiv Singh said BUVM was constantly addressing traders’ issues, with the recent being extension of the benefit of MSME to traders and the constitution of the National Traders Welfare Board to resolve the traders’ issues
Published on Sep 19, 2023 04:01 AM IST
HT Correspondent, Chandigarh
6.98 crore ITRs filed in AY2023-24, processing time reduced to 10 days: I-T dept
The income tax department said the average processing time of the returns had been reduced to ten days for returns filed for the assessment year 2023-24.
Published on Sep 05, 2023 08:32 PM IST
Income Tax Day: Step-by-step guide on using AIS app before ITR filing
Income Tax Department introduced a mobile application called 'AIS for Taxpayers' in March this year to provide taxpayers with easy access to their information.
Published on Jul 24, 2023 02:14 PM IST
YouTuber who earned ₹1 crore from videos raided by I-T dept sleuths
Taslim, who hails from UP's Bareilly, runs a YouTube channel called ‘Trading Hub 3.0’ through which he shares videos related to the share market.
Published on Jul 18, 2023 06:54 PM IST
Net direct tax collection rises 16% to Rs. 4.75 lakh crore in the current fiscal
Net direct tax mop-up grows 16 pc to ₹4.75 lakh crore so far this fiscal.
Updated on Jul 10, 2023 08:19 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
Income tax return filing: 5 things to do for getting maximum refund on your ITR
Income tax return filing: If the tax amount paid exceeds the taxable income, you will be eligible for a refund.
Published on Jul 10, 2023 01:54 PM IST
ITR filing: 5 things Gen Z taxpayers should know on saving taxes
ITR: Filing income tax return before deadline not only ensures compliance with tax regulations but also prevents unnecessary financial burden.
Published on Jul 04, 2023 09:33 PM IST
Maharashtra ‘sabotage’ will unify Opposition: Mehbooba Mufti
The PDP chief said BJP, in the past 75 years, has emerged as the “most corrupt” party in India and that its actions were damaging country’s image
Updated on Jul 03, 2023 10:25 PM IST
Ravi Krishnan Khajuria, Jammu
Helping taxpayers make sense of GST regulation
Taxpayers are key to robust GST collections and deserve recognition for their support.
Published on Jun 29, 2023 06:36 PM IST
From ITR filing deadline to LPG prices, what's expected to change in July
Changes to happen from July 1: Here's a look at the key changes that the people need to know that will come into affect from July 1, 2023.
Published on Jun 29, 2023 05:17 PM IST
How to file ITR 1 for salaried employees using Form 16? 10 easy steps
Income tax ITR online filing: The last date to file the ITR for the financial year 2022-23 is July 31.
Published on Jun 27, 2023 06:18 PM IST
Shree Cement shares slump after report of $2.81 billion tax evasion
According to a report, tax evasion amounting to ₹230 billion ($2.81 billion) was found in searches at multiple company locations.
Published on Jun 26, 2023 10:56 AM IST
Reuters |
Ludhiana: 2 held for duping people posing as police officers
According to police the accused used to blackmail people by honey trapping them with the help of some women
Updated on Jun 24, 2023 11:50 PM IST
HT Correspondent, Ludhiana
Income tax return filing: How to file your ITR without Form 16?
Income tax return filing: According to tax experts, it is possible to file income tax return without Form 16.
Published on Jun 23, 2023 12:01 PM IST
I-T raids 25 locations linked to Bihar bizman
According to officials, the businessman, Ajay Kumar Singh alias Karu Singh, is said to be a close relative of a senior JD-U minister, and runs an iron-bar-making factory.
Updated on Jun 22, 2023 10:44 PM IST
TV producers get three months jail for income tax delay
TV production company and its directors Yash Patnaik and Mamta Patnaik have been sentenced to three months imprisonment for not submitting ?8.37 crore income tax.
Updated on May 22, 2023 12:33 AM IST
IT department seeks to tax Netflix India's income: Report
With taxing Netflix, this will be first time India will tax overseas digital companies providing electronic commerce services to consumers.
Updated on May 12, 2023 02:55 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar
Congress's ‘40% commission’ dig as PM Modi dials top Karnataka BJP leader
Prime Minister Narendra Modi held a telephonic conversation with Karnataka BJP leader and former minister KS Eshwarappa,
Updated on Apr 21, 2023 01:38 PM IST
Centre plans to charge more direct tax from rich to reduce income inequality
India’s reliance on indirect taxes rather than direct taxes on capital is often cited as the main culprit behind the country’s poor getting left behind.
Updated on Apr 18, 2023 08:43 PM IST
Bloomberg |
IT official who threw phones into Sabarmati to dodge cops gets arrested
The CBI retrieved evidence that included two mobile handsets that the former assistant commissioner discarded in the Sabarmati river.
Published on Apr 18, 2023 02:50 PM IST
PTI | HT News Desk
Which income tax regime should salaried employees choose? Details here
CBDT in its circular stated that the salaried employees are required to intimate their employers about the income tax regime they want to opt for.
Published on Apr 17, 2023 07:01 PM IST
Check this new update on PAN-Aadhaar linking
To pay the late fees for linking PAN-Aadhaar, the updated process requires selecting AY 24-25 and specifying the payment type as “Other Receipts (500)”.
Published on Apr 14, 2023 04:26 PM IST
Lingamgunta Nirmitha Rao | Edited by Aryan Prakash
I-T search in Karnataka's co-op banks reveals fund routing worth ₹1,000 crore
Many incriminating pieces of evidence -- hard copy documents and soft copy data -- had been found and were seized during the search exercise.
Updated on Apr 12, 2023 04:05 PM IST
ANI |
Take back IT Park land, pay ₹1,000 crore invested since 2005: CHB to UT admn
The Chandigarh Housing Board has written to the Chandigarh administration to take the land back and return ₹1,000 crore that the board has spent on it since 2005
Updated on Apr 07, 2023 01:57 AM IST
Hillary Victor, Chandigarh
New tax slabs to LPG prices: List of changes from April 1
From revised income tax slabs to gold jewellery hallmark, here is a list of major changes effective from this month.
Updated on Apr 01, 2023 11:03 AM IST
HT News Desk | Written by Ritu Maria Johny
From Apr 1, these 10 big income tax rule changes to be effective. Details
Each year, a new financial year begins on April 1, and continues till March 31 next year.
Published on Mar 28, 2023 10:12 AM IST
HT News Desk, New Delhi
New tax regime, other rules to kick in from Apr 1: What taxpayers need to know
Starting FY 2023-24, the new tax regime will be the default regime to file returns, as announced by finance minister Nirmala Sitharaman in the annual budget speech on Feb 1.
Published on Mar 27, 2023 08:51 AM IST
HT News Desk, New Delhi
What is a Form 16? How to file income tax return using it?
Form 16 is a certificate of tax deduction at source issued by the employer to the employee upon tax deduction.
Published on Mar 26, 2023 03:19 PM IST
View tax information on mobile! Income Tax dept launches 'AIS for Taxpayer' app
Taxpayers can use the mobile app to view their information related to TDS/TCS, interest, dividends, share transactions, tax payments, Income Tax refunds, and Other Information (GST Data, Foreign Remittances, etc.) as available in AIS/TIS.
Published on Mar 23, 2023 05:51 PM IST
ANI | | Posted by Singh Rahul Sunilkumar
Income tax return: You should avoid these errors while filing ITR
For filing ITR, individual taxpayers have a deadline of July 31 each year, while businesses and other entities have a deadline that varies depending on their category.
Published on Mar 20, 2023 08:03 PM IST
Lingamgunta Nirmitha Rao | Edited by Aryan Prakash
