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  ITR deadline: Taxpayers can file updated returns for FY22, FY23 before March 31 | Check all details

  Business | March 07, 2025 21:28 IST

  An updated return can be filed at any time, but it must be submitted within two years from the conclusion of the relevant assessment year; the provision for this was introduced by the Finance Ministry in the Finance Act 2022.

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  Budget expectations: Will Section 80C limit increase for taxpayers? Key deductions to watch out for

  January 17, 2025 11:52 IST

  As the Union Budget 2025 approaches, there is growing anticipation for changes to the Section 80C tax deduction limit, which has remained at Rs 1.5 lakh since 2014.

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  PAN 2.0 explained: Govt clarifies validity of existing cards and costs for upgrades

  December 26, 2024 13:22 IST

  The Government of India launched the PAN 2.0 project with dynamic QR codes and enhanced services. Existing PAN cards remain valid—Know more about the features and FAQs here.

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  ITR Refund FY 2023-24: Know four types of income tax refund status and reasons behind delay

  Business | August 30, 2024 17:09 IST

  If it's been a considerable amount of time since you filed your ITR, you can check the status on the Income Tax Department's e-filing portal or contact their support for more information.

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  GST collections surge by 10.3 per cent in July, cross Rs 1.82 lakh crore mark

  Business | August 01, 2024 19:57 IST

  In a positive economic development, the government announced that July's Gross Goods and Services Tax (GST) collections have surged by 10.3%, reaching over Rs 1.82 lakh crore. This marks a significant improvement from the same period last year.

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  ITR filing 2024: Over 7 crore income tax returns filed till 7 PM on deadline day, says IT department

  July 31, 2024 21:56 IST

  The I-T department's helpdesk has been operational 24x7, offering support through calls, live chats, WebEx sessions, and social media to assist taxpayers with ITR filing and related services.

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  LIC to keep offices open on March 30, 31 to help taxpayers

  Business | March 29, 2024 13:40 IST

  Business news: The RBI has said that all branches of the banks dealing with Government receipts and payments will remain open for transactions on March 30 and March 31 to account for all the Government transactions relating to receipts and payments in the FY 2023-24 itself.

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  Personal income tax rates likely to be cut in upcoming Budget: Report

  Business | December 18, 2019 18:45 IST

  The government is likely to cut personal income tax rates in the upcoming budget, according a report in Reuters. A cut is expected on long-term capital gains from equity investments in the next budget, the report said.

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  CBDT says Taxpayer with no PAN, won't be able to avail THIS facility

  Business | September 27, 2019 17:33 IST

  PAN-Aadhaar link deadline: If you are a taxpayer but don't have a valid PAN number then this news is very important for you. As CBDT had fixed September 30, 2019, as the deadline to link PAN card with Aadhaar card, those unlinked PAN number will be 'inoperative' after the deadline.

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  Important buildings, roads or monuments to be named after top taxpayers: Economic Survey proposes

  Budget | July 04, 2019 17:14 IST

  To encourage tax payers, the Economic Survey 2018-19 proposes great rewards for people paying their due tax. The Economic Survey suggests 'diplomatic'-type privileges for top-10 taxpayers in each district.

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  Did you know Akshay Kumar is one of highest taxpayers in Bollywood?

  Celebrities | May 04, 2019 11:42 IST

  Akshay Kumar, who had been at the top position for several years as the highest tax payers in B Town had paid Rs. 29.5 crore in 2017. 

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  Sachin Highest Tax Paying Sportsperson In India

  India | January 11, 2010 11:45 IST

  Cricketer Sachin Tendulkar has become the highest taxpayer among sportspersons in the country for the last quarter of 2009 while film stars Akshay Kumar and  Sachin paid Rs1.5 crore for the quarter till December and