The transport department in Chennai has seen a significant boost in earnings following the implementation of increased motor vehicle taxes and other charges effective from November 9 last year.
The Income Tax Department has issued a stern warning to taxpayers, cautioning against filing income tax returns with false claims for exemptions and deductions...
Ravi Agrawal, the newly appointed Chairman of the Central Board of Direct Taxes (CBDT), emphasized the critical role of the Income Tax Department in shaping the nation’s economy, ease of doing business, and international transactions.
The Income Tax Department has updated the list of banks available for the e-Pay Tax service on the e-Filing portal.
In a recent development, HDFC Life Insurance announced on Friday that it has received a tax demand of Rs 1,495.17 crore from the Income Tax department for the assessment year 2021-22.
In a significant administrative move, Ravi Agrawal, a 1988-batch Indian Revenue Service (IRS) officer, has been appointed as the new chairman of the Central Board of Direct Taxes (CBDT), the top policy-making body for the Income Tax Department.
The Central Board of Direct Taxes (CBDT) has issued a new order under the Direct Tax Vivad se Vishwas Act, 2020 (DTVsV Act).
The Central Board of Direct Taxes (CBDT) has issued a new notification that mandates the electronic submission of certain forms under the Income Tax Rules, 1962. This move aims to streamline the filing process and enhance compliance.
The Income Tax Department has taken a significant step towards transparency and accessibility by making available the complete Income Tax Act, 1961, as amended by the Finance Act, 2024.
In a landmark move, the Madhya Pradesh Cabinet decided on Tuesday that state ministers will now pay their own income taxes on salaries and allowances
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