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While the government's focus will remain on fiscal consolidation and simplifying the statute, it must not lose sight of the taxpayer's wallet.
All PAN cards issued using an Aadhaar number before October 1, 2024 must be linked with Aadhaar by the end of 2025
Income Tax Return filing deadline for AY 2025-26 has been extended.
The new bill incorporates 285 recommendations from a 31-member Select Committee headed by BJP MP Baijayant Panda
Filing ITR early is advised to avoid last-minute issues and potential complications, despite the extended deadline.
The evasion involved manipulated billing software and hawala transactions to conceal actual income and mislead authorities.
Multiple central agencies are expected to join the investigation into the alleged money laundering and financial irregularities
At the Anna Nagar outlet, over five IT officials arrived in two vehicles around 8 am, accompanied by armed police
Kochi: Do people enjoy paying taxes? Not many, to be sure. However, at least ten people in a local body in Kerala's Ernakulam district have found paying taxes a rewarding experience thanks to a unique initiative. In an unusual effort to encourage tax payment, the Maradu municipality implemented a
Individuals, Hindu Undivided Families, and entities that do not need to have their accounts audited can file their I-T returns (ITR) for income earned in the 2024-25 financial year by September 15.
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