Too few citizens are expected to contribute too much to the tax coffers. Yet, the political courage needed to even out a ...

Faster tax refunds, tax demand notice deletion, and more can now be expected as I-T dept updates the ITR portal for online ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

In November 2017, the government had set up a six-member committee to redraft the Income Tax Act. The panel had submitted its report to finance minister in August 2019. Except for the headline, this ...

Despite confirmation that the petitioner had deposited the disputed amount, the authorities maintained that manual ...

The core issue before the High Court was whether the penalty order was time-barred under Section 275 (1) (c) of the Act, which stipulates a limitation period for penalty orders. Property Plus Realtors ...

Punjab and Sind Bank has opened applications for 110 Local Banking Officer (LBO) posts in JMGS I. Candidates aged 20-30 can ...

India's direct tax collections have witnessed a robust growth of 19.06% year-on-year (YoY), reaching Rs 21.88 lakh crore in ...

The new provision in the upcoming Income Tax Bill will classify cryptocurrencies and other unreported digital assets as ...

Silver can be purchased from banks, jewellers and online agents in India. The banks charge higher rates due to purity checks and assurance provided by them. The jewellers offer different products ...