The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...

The central agency conducted searches in Delhi, Mumbai, Thane, West Champaran (Bihar), Bengaluru, Kottayam (Kerala), etc in which incriminating documents.

The CBI on Thursday conducted searches at 18 locations across the country after registering a case against an IRS officer and other officials of the Income Tax department who were allegedly sharing ...

The Union Cabinet chaired by Prime Minister Modi, is expected to greenlight the new income tax bill during its meeting on ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Income Tax Department officials raided the residences and offices of businessmen and contractors at more than 30 locations ...

An updated tax return, filed as per Section 139(8A), permits taxpayers to correct omitted or inaccurate income declarations.

From infra and agriculture to manufacturing and revised tax slabs, here are the detailed takeaways from the Union Budget ...