Income Tax News

The Central Board of Direct Taxes (CBDT) has recently released notification, saying the Direct Tax Vivad Se Vishwas Scheme 2024 […]

Union Finance Minister Nirmala Sitharaman announced that 72% of taxpayers have transitioned to the new tax regime, which she described

The income-tax (I-T) department has started scrutinising cases for the assessment year (AY) 2018-19 to determine which of them need

India should have a single personal income tax regime instead of two, said Sanjay Malhotra, Secretary of the Department of

About 6 crore income tax returns have been filed for income earned in 2023-24, of which 70 per cent were

July 31 is here. If you have not filed your income tax returns already, there is no time to lose.

The All-India Federation of Tax Practitioners (AIFTP) has asked the Central Board of Direct Taxes (CBDT) to extend the deadline

As the deadline for submitting income tax returns is nearing, there has been an increase in related fraud attempts. Fraudsters

Revenue Secretary Sanjay Malhotra attributed improved compliance as well as the progressive income tax rates as the two main reasons

The government is analysing the results of the 15% concessional corporate tax rate scheme–which ended on March 31–availed by new