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Income Tax compliance in India is on the upswing across slabs,...

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ITR filings by taxpayers rise 90% in the last nine years Data released by the Income Tax Department shows that a healthy trend of increased...

More than 6 crore ITRs, 16% more than last year filed...

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Income tax returns filings touch an all-time high of 67.7 mn, up 16% from last year A total of 6.77 crore income tax returns (ITRs)...

Deadline to file IT returns won’t be extended; Govt urges taxpayers...

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ITR: Govt not contemplating extension of July 31 deadline The government has urged taxpayers to file their income tax returns before July 31, 2023, to avoid...

Suggestions for ways to reward Income Tax payers

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Tax Reward Points scheme for tax payers Honest income tax payers expect some benefits from the government, as they are a small percentage of the...

GST collection hits all-time high of Rs 1.68 lakh crore in...

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For the first time, GST collection has crossed Rs 1.50 lakh crore mark The Ministry of Finance on Sunday informed that the Goods and services...

Non-linking of PAN-Aadhaar by March 31 to attract penalty

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Be ready to pay fine if your Aadhaar & PAN are not linked On Wednesday, the Finance Ministry said that non-linking of PAN with Aadhaar...

No tax up to Rs.10 lakh received from employer for COVID-19...

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Money received for COVID-19 treatment up to 10L to be tax-free The Union Budget 2022-23 notified that income tax shall not be charged on the...

Public sector banks bleed; taxpayer, customer pay

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None of the Public sector banks presents a rosy scenario The third-quarter results of banks once again prove, if a proof is indeed needed, that...

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