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What is Income tax
Latest Updates on Income tax
"It would have been worthwhile if the said range could have been revisited and reviewed," Amit Maheshwari, tax partner at AKM said
Consider both income level and deductions you can avail of when choosing between old and new tax regime
How will new income tax rules affect you from April 1? How can India create a global brand? Where will MFs invest when markets bottom out? Will your UPI payments not be free anymore? Answers here
The income tax department gives you different options to reset your Income Tax e-filing portal password. Check out the step by step guide below
Here are some of the key ones you need to accomplish
Following govt's latest move, tax would be computed on based the investor's tax bracket; levy could be as high as 30%; Centre's step puts the tax for MF units at parity with that for bank FD
PAN and Aadhaar card link last date: The Income Tax Department has fixed the last date to link the two cards as March 31, 2023, but the users will have to pay a penalty of Rs 1,000
Provisions in the law allow your parents, spouse and siblings to maximise your tax returns
From linking PAN card and Aadhaar Card to submission of updated income tax return (ITR), failure to meet these deadlines may lead to financial losses
Sri Lankan health, railway, port and other state workers were on a daylong strike on Wednesday
AWS: The income tax department has reportedly raised the demand for Rs 190.85 crore tax for 2014-15 and Rs 358.27 crore for 2016-17 by invoking Section 147 of the Income-tax Act
If you miss the date, penalty will be levied at a simple interest rate of one per cent per month or part of a month
They could invest in SCSS in tranches to optimise Sec 80C benefits and park some money in PMVVY before it closes on Mar 31
The state government has also announced the withdrawal of two types of cess on raw tea leaves for the period
According to the report, officials said that CPR's licence was revoked recently over non-compliance with FCRA norms.
Prepare an agreement, pay rent into their bank accounts, and ensure they pay tax on it
BBC is not driven by an "agenda" but by purpose and will not be put off reporting impartially and without fear or favour, the UK-headquartered media organisation's chief has said
New tax regime does not have tax deductions as is given under various provisions such as 80C or 80D of the Income Tax Act
Preventive check-up is one available to save tax based on medical-related issues
Growth rate of new tax payers has been under pressure in recent years