Income Tax
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Income Tax Recruitment 2023 against sports quota: Apply online for 291 Inspector, MTS, and others
December 26, 2023 17:17 ISTIncome Tax Recruitment 2023 notification against sports quota has been released. Candidates who are interested in applying for the income tax department recruitment can submit applications online at incometaxmumbai.gov.in. No applications will be considered after due date.
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Income Tax Department notifies ITR forms 1, 4 for assessment year 2024-25
Business | December 23, 2023 16:02 ISTBusiness news: Sugam can be filed by individuals, HUFs and firms other than Limited Liability Partnerships being a resident having total income of up to Rs 50 lakh and income from business and profession.
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Congress distances itself from MP Dhiraj Sahu after over Rs 200 crore found in IT raids
India | December 10, 2023 6:07 ISTThe Income Tax department has so far recovered over Rs 200 crore cash during a series of raids on an Odisha-based distillery group on charges of tax evasion.
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Over Rs 200 crore in 156 bags found in IT raids against Odisha-based liquor firm, PM targets Oppn
India | December 08, 2023 20:11 ISTThe Odisha-based liquor firm, on premises of whom the Income Tax department conducted raids and has so far found cash over Rs 200 crore, has alleged links with Jharkhand Rajya Sabha MP Dhiraj Prasad Sahu.
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I-T raids Boudh Distilleries Pvt Ltd in Odisha, Jharkhand, recovers Rs 50 crore cash
India | December 07, 2023 12:53 ISTAccording to the officials, searches were conducted at Bolangir & Sambalpur in Odisha and Ranchi, Lohardaga in Jharkhand.
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Bombay High Court orders Rs. 1,128 crore tax refund to Vodafone Idea Limited
Business | November 09, 2023 23:53 ISTVodafone Idea had filed a petition, asserting the excess tax paid, leading the court to express concern about the assessing officer's apathy.
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Chhattisgarh Elections: Kharge accuses BJP of misusing agencies, warns of 'constitutional threat'
chhattisgarh | November 16, 2023 15:45 ISTKharge also predicted that Bhupesh Baghel would reclaim the position of Chief Minister in Chhattisgarh. He accused the BJP of dividing people along religious lines for votes and criticised Modi for allegedly stating that celebrating festivals in Chhattisgarh is difficult.
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CM Stalin accuses BJP-led centre of 'daydreaming' about intimidating DMK with income tax searches
November 05, 2023 23:09 ISTIn an address read out by his son and Tamil Nadu Youth Welfare Minister Udhayanidhi Stalin, the Chief Minister stated that these actions were a response to the DMK's efforts to expose the BJP's "anti-people" stance.
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How first-time home buyers can save tax on buying a property | Check here
October 18, 2023 9:59 ISTThе govеrnmеnt has introduced sеvеral mеasurеs to еncouragе homе ownеrship, making it morе affordablе for first-timе buyеrs.
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Karnataka: Former CM Basavaraj Bommai demands CBI, ED probe in illegal money recovery case
Karnataka | October 14, 2023 19:53 ISTKarnataka news: Former Karnataka CM said that the Contractors Association made baseless allegations against the previous govt and now the same association is working as the govt's commission collection center. He said that the contractors and the govt were jointly looting the state.
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ED, Income Tax personnel moving around more than dogs and cats: Chhattisgarh CM Bhupesh Baghel
chhattisgarh | October 04, 2023 22:09 ISTChhattisgarh news: CM Baghel said that if govt at Centre or National Mineral Development Corporation is unable to operate the Nagarnar Plant, then the plant should be handed over to the state govt for operation.
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Income Tax Recruitment 2023 against sports quota, apply online from today at incometaxgujarat.gov.in
October 01, 2023 14:13 ISTThe online application process for recruitment in the income tax department is currently open for those who wish to apply through the sports quota. This is an opportunity to become an Income Tax Inspector, Tax Assistant, or Multi-Tasking Staff. Applications are being accepted starting from today.
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IT department notifies 'Angel Tax' rules for valuing equities in start-ups: Know all about it
Business | September 26, 2023 13:45 ISTThe amended rules also retained the five new valuation methods proposed in the draft rules for consideration received from the non-residents.
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Azam Khan News: Income tax raid on Samajwadi Party leader Azam Khan in UP
News | September 13, 2023 13:10 ISTAzam Khan News: Income tax raid on Samajwadi Party leader Azam Khan in UP
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Income tax department's website gets a fresh look: Check what's new
Technology | August 27, 2023 18:32 ISTThe newly designed website has undergone an aesthetic makeover with a mobile-responsive layout. It introduces a 'Mega Menu' for content, accompanied by fresh features and enhanced functionalities.
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Income Tax New scheme, File ITR Now, Pay Tax Later
News | August 23, 2023 18:46 ISTIncome Tax New scheme, File ITR Now, Pay Tax Later
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Is your life insurance premium above Rs 5 lakh? Check new tax rules
August 17, 2023 15:09 ISTAs per the change, for policies issued on or after April 1, 2023, the tax exemption on maturity benefits under Section 10(10D) might be relevant in the event that the total premium paid by an individual depends on Rs 5 lakh a year.
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Direct tax collections rise almost 16 per cent to Rs 6.53 lakh crore so far in current fiscal: CBDT
Business | August 11, 2023 17:42 ISTThe collection is 32.03 per cent of the total budget estimates of direct taxes for the current fiscal 2023-24.
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Old income tax regime with higher deductions remains more attractive for taxpayers than the new one
August 08, 2023 17:58 IST85 percent people opted for the Old Regime while 15 percent were in favour of the new one.
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Income Tax Department claims record 6.77 crore ITRs filed till July 31 for Assessment Year 2023-24
Business | August 01, 2023 22:07 ISTThe filing of ITRs peaked on July 31, 2023, with over 64.33 lakh ITRs being filed on a single day.
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