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  Government has created 'mess': Shashi Tharoor on new Income Tax portal

  India | July 06, 2021 12:40 IST

  Senior Congress leader Shashi Tharoor on Tuesday attacked the Centre over the glitches in the new Income Tax portal.

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  Have you linked your PAN card with Aadhar before? Must do it before June 30, here's why

  June 24, 2021 13:05 IST

  The last date to link Aadhar with Pan card has  now been extended till June 30, 2021.

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  Infosys regrets glitches, expects system to stabilise during week: Nilekani responds to Sitharaman

  India | June 08, 2021 23:48 IST

  Infosys Co-Founder Nandan Nilekani has responded to Finance Minister Nirmala Sitharaman after the latter flagged issues in the new income tax e-filing website asking the technology company to fix the glitches.

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  New online tax payment system, mobile app to be launched later: CBDT on upcoming e-filing portal

  India | June 05, 2021 23:24 IST

  The CBDT on Saturday said a proposed new online tax payment system and a mobile app on its soon-to-be launched advanced e-filing website will be activated on June 18 even as the portal will go live on Monday.

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  Govt extends FY21 ITR filing deadline for individuals till Sep 30

  Business | May 20, 2021 19:12 IST

  In view of the Covid situation, the government on Thursday extended current financial year (FY21) Income Tax Return (ITR) filing deadline for individuals by two months till September 30, 2021.

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  Income Tax E-filing website: New income tax e-filing portal to be launched for taxpayers on June 7

  Business | May 20, 2021 13:49 IST

  The existing web portal will be shut for six days between June 1-6. Officials said the new portal will be made more user-friendly.

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  Govt extends timelines for tax compliance, ITR for FY20 can be filed till May 31

  May 01, 2021 15:49 IST

  Filing of belated return under sub-section (4) and revised return under sub-section (5) of Section 139 of the Act, for Assessment Year 2020-21, which was required to be filed on or before March 31, 2021, maybe filed on or before May 31, 2021, the CBDT said.

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  Income Tax department launches offline utility for ITR 1, 4 

  Business | April 05, 2021 19:22 IST

  The offline utility is available on the e-filing portal and is based on new technology “JSON” (JavaScript Object Notation), which is a light weight format for storing data.

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  Tax raids at residence of MK Stalin’s daughter in Chennai, DMK alleges political vendetta

  India | April 02, 2021 12:26 IST

  The DMK has condemned the Central government for 'searches' by income tax officials in the residence of MK Stalin's daughter Senthamarai in Chennai.

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  Income Tax filing to EPF investment: Changes in rules from April 1 | All you need to know

  Business | March 31, 2021 12:49 IST

  From changes in banking rules due to merger of banks, income tax filing rule changes in terms of EPF investment, to, new salary structure from April 2021, TDS/TCS deduction, changes in ITR rules for senior citizens, LTC cash voucher scheme, banks merger etc. are some of the glaring changes that are going to take place from 1st April 2021.

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  Income Tax rules are changing from April 1; Here is all you need to know about new norms

  News | March 30, 2021 15:00 IST

  April 1 will mark the beginning of a new financial year and will bring a slew of income tax changes. Some of the changes were announced by the Union Finance Minister Nirmala Sitharaman while presenting the Union Budget 2021 in February. Here is a list of changes which will be introduced from the coming financial year.

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  Now, pre-filed ITR forms with capital gains, dividend, other details

  March 18, 2021 10:58 IST

  Transaction details of individual tax filers with respect of capital gains, dividend income, and interest income will soon become a standard of the pre-filled Income Tax return (ITR) form as the government looks to make tax compliance convenient for taxpayers.

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  Income Tax Rates For FY 2021-22: How to choose between Old Regime and New Regime

  February 09, 2021 16:50 IST

  The new Income Tax regime effective from April 1, 2020, co-exists with the old Income Tax regime. It offers lower, concessional tax rates compared to the rates offered in the existing rates.

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  Union Budget 2021 Income Tax announcement: I-T slabs, exemptions under 80C, 80D unchanged

  Business | February 01, 2021 22:58 IST

  The salaried class was expecting from Nirmala Sitharaman to revise the Income Tax slabs that have been left unchanged for years. Besides higher basic exemption limits, people also expected a hike in the exemption limits under Section 80C and 80D.

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  Finance Minister Nirmala Sitharaman poses with the Budget team

  News | January 31, 2021 20:12 IST

  Finance Minister Nirmala Sitharaman with the Budget team; she will present the Union Budget 2021-22 tomorrow.

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  Budget 2021: Revised Income Tax slabs to more exemptions under 80C, 80D - What to expect from FM?

  Business | February 01, 2021 8:22 IST

  From bringing back jobs in the market to tax deductions, there are a lot of expectations from Modi government's Budget. Although Sitharaman, in the last Budget, announced cuts in personal income tax, the government has so far pushed for a rebate on all payable taxes, and the basic tax exemption limit has remained the same.

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  Income Tax: I-T refunds worth Rs 1.81 lakh crore issued so far in FY21

  Business | January 27, 2021 18:27 IST

  The Income Tax Department on Wednesday said it has issued over Rs 1.81 lakh crore worth refunds to more than 1.74 crore taxpayers so far this fiscal year. 

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  Crackdown on corruption! Govt's big move against tax evasion, benami property. How to file complaint

  January 13, 2021 17:28 IST

  The Central Board of Direct Taxes (CBDT) has launched an automated dedicated e-portal on the e-filing website of the department to receive and process complaints of tax evasion, foreign undisclosed assets as well as grievances regarding benami properties.

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  Income Tax Returns: Over 5.27 crore ITRs filed for fiscal 2019-20 till Jan 7

  Business | January 08, 2021 22:20 IST

  More than 5.27 crore income tax returns (ITRs) for fiscal year 2019-20 have been filed till January 7, the Income Tax Department said on Friday. 

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  Income tax calendar 2021: Important dates and deadlines you should know

  January 04, 2021 14:10 IST

  The Income Tax department extended the income tax filing dates for the thrid time. Individuals who do not have to file tax audit reports and were to file their income tax returns for FY20 by 31 December got time till January 10.