Income Tax
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IT Raid In BBC Office: Raid of Income Tax on BBC created ruckus in the opposition?
News | February 15, 2023 19:18 ISTThe Income Tax Department raided the offices of BBC in Delhi and Mumbai on Tuesday amidst the ongoing controversy over BBC's documentary 'India: The Modi Question'. After which this matter caught fire.
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IT Raid On BBC: What was found in the Income Tax Department's raid on BBC's office?
News | February 15, 2023 19:16 ISTThe Income Tax raided the BBC's Delhi and Mumbai offices amid the ongoing controversy over the BBC documentary 'India: The Modi Question' released last month. However, it is not yet clear what the Income Tax Department has found during the investigation?
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CBDT issues Income Tax return forms for the fiscal year 2022-23
February 15, 2023 15:11 ISTThe Central Board of Direct Taxes (CBDT) issued Income Tax return forms for individuals, Hindu Undivided Families, businesses, and others for the fiscal year 2022-23, earlier than last year, providing ample time to prepare their returns.
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Amid documentary row, IT raids BBC offices in Delhi and Mumbai
News | February 14, 2023 15:14 ISTThe Delhi office of British Broadcasting Corporation (BBC) which is in the HT House building on KG Marg was on Tuesday searched by the Income Tax department.
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Budget 2023: Govt increases income tax rebate to Rs 7 lakh per annum | 5 major announcements
Budget | February 01, 2023 17:53 ISTBudget 2023: In a big relief for the common man, the Modi government on Wednesday made five major announcements in the personal income tax space including increasing rebate up to Rs 7 lakh per annum.
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How to get maximum tax benefits in FY 22-23 by investing in insurance: Tips
January 30, 2023 14:42 ISTSaving in insurance should not be limited to saving taxes, but consumers should understand that insurance is a safety net that can protect them in planned and unplanned circumstances
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Budget 2023: Will FM Sitharaman revise the long-term pending income tax exemptions limit?
Budget | January 26, 2023 10:03 ISTBudget 2023: People across industries are expecting changes in the tax regime as the Finance Minister Nirmala Sitharaman would be presenting the upcoming union budget before parliament on February 1.
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Income Tax Return Filing: How to file ITR - step-by-step guide
January 20, 2023 12:44 ISTIf a resident's annual total income exceeds the basic exemption limit, an ITR must be filed in accordance with income tax laws.
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Budget 2023: Will 'new' Income Tax regime have some more exemptions?
Budget | January 23, 2023 12:45 ISTIn the final full budget before the 2024 general elections, the central government may make a few minor adjustments to the new income tax system.
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Trump maintained bank accounts in China even after becoming US President, income tax return reveals
World | December 31, 2022 8:28 ISTEarlier, former US President Donald Trump said he closed all his bank accounts in China before he began his 2016 campaign for the White House.
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Union Budget 2023: Govt likely to raise income tax exemption limit from Rs 2.5 lakh to 5 lakh
Budget | January 23, 2023 12:51 ISTBudget 2023: As of now, the maximum slab of income which is exempted from the purview of income tax is Rs 2.5 lakh.
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ITR reforms likely in 2023, buoyant tax collections cushion government on fiscal front | DETAILS
Business | December 25, 2022 14:30 ISTITR reforms news: Taxation of the digital economy, ensuring developing countries get their fair share of taxes and global coordination for taxation of cryptocurrencies would be one of the priority areas as India is all set to host the leaders of G-20 countries next year.
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Tax department to render PAN inoperative if not linked with Aadhaar by THIS date
December 24, 2022 16:40 ISTWhile Aadhaar is issued by the Unique Identification Authority of India to a resident of India, PAN is a 10-digit alphanumeric number allotted by the IT Department to a person, firm or entity.
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Telangana: Income Tax searches at residences, offices of TRS Minister Malla Reddy
India | November 22, 2022 15:41 ISTThe raids carried out by Central agencies often get a political color as TRS keeps claiming that BJP-led Central government uses agencies as a political tool.
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IT conducts raids on Jharkhand Congress MLAs' properties over tax evasion charges
India | November 04, 2022 16:43 ISTJaimangal had earlier lodged a police complaint saying that three of his party legislators -- Irfan Ansari, Rajesh Kachchap and Naman Bixal Kongari, were planning to topple the UPA government in Jharkhand.
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CBDT extends due date for filing Income Tax Return for AY 2022-23 to November 7
Business | October 26, 2022 18:34 ISTCBDT extends ITR due date: CBDT, the tax administration arm of the government, had extended the deadline for filing audit reports by 7 days last month to October 7.
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Govt extends deadline for filing tax audit report till Oct 7
Business | October 01, 2022 16:31 ISTIncome Tax: Under the income tax act, those taxpayers who need to get their accounts audited by a chartered accountant are required to file the tax audit report with the I-T department by September 30.
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I-T dept detects Rs 250 cr 'undisclosed' income after raids on 2 realty groups of Kolkata
India | August 31, 2022 18:55 ISTI-T raids: The department gathered "evidences of out-of-books cash transactions and on-money receipts and several documents and electronic data indicate routing of unaccounted money through shell companies".
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UP: IT raids on 22 places associated with UPICON
India | August 31, 2022 12:23 ISTThese raids are being conducted on the contractors associated with UPICON.
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Bihar daily wager gets IT notice of Rs 37.5 lakh
India | August 21, 2022 16:03 ISTBihar news: The Station House Officer said the complainant has received the notice against a PAN number issued in his name.
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