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Income Tax

CBDT NUDGEs taxpayers against the claims of bogus deductions through data-driven approach

CBDT NUDGEs taxpayers against the claims of bogus deductions through data-driven approach Fake donations claims to political parties and trusts Under Tax ScannerMany taxpayers revise...

आयकर विभाग ने कटौतियों और छूटों के फर्जी दावों पर कसा शिकंजा

आयकर विभाग ने कटौतियों और छूटों के फर्जी दावों पर कसा शिकंजा जांच में कुछ आईटीआर तैयार करने वालों और रिटर्न दाखिल करने वाले बिचौलियों...

Income Tax Department cracks down on bogus claims of deductions & exemptions

Income Tax Department cracks down on bogus claims of deductions & exemptions Investigations uncover organised rackets operated by certain ITR preparers and intermediaries filing returns,...

Income Tax 2025-26: Benefit for different category of taxpayers – Illustration

Income Tax 2025-26: Benefit for different category of taxpayers - Illustration New regime provides for concessional tax rates and liberal slabs. However, nodeductions are...

No Income Tax on annual income upto Rs.12 lakh under New Tax Regime

No Income Tax on annual income upto Rs.12 lakh under New Tax Regime Limit to be Rs. 12.75 lakh for salaried tax payers, with standard...

Highlights of the Union Budget 2024-25

The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament today. The highlights of the budget...

Income Tax Department Identifies Mismatches in Interest and Dividend Income Reporting

Income Tax Department Identifies Mismatches in Interest and Dividend Income Reporting Implementation of e-Verification Scheme-2021 The Income Tax Department has identified certain mismatches between the information...

Income Tax payable on the contribution in a PF account exceeding Rs. 5 lakh per annum w.e.f financial year 2021-22: CGA

Income Tax payable on the contribution in a PF account exceeding Rs. 5 lakh per annum w.e.f financial year 2021-22 TA-3-07001/7/2021-TA-III-Part (1)/cs-8084/81Ministry of FinanceDepartment of...

Calculation of Income Tax on Interest of GPF: CGDA

Calculation of Income Tax on Interest of GPF Defence Accounts Department (DAD) Headquarters Ulan Batar Road, Palam, Delhi Cantt — 110010 AT/Army/BR/FC/4462/E-1754 Dt 18/02/2022 To, The CDA(Fund) Meerut...

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