The Income Tax Department is set to issue notices to individuals who haven’t filed tax returns despite having taxes deducted […]
The number of people earning above Rs 1 crore annually has risen to over 2.16 lakh as on December 31,
The Ministry of Finance, Government of India, issued Notification No. 21/2024-Income Tax dated February 07, 2024, announcing the implementation of
Changes in Income Tax Return Forms: MSME Registration Number and Recognition Status Mandatory for Filing New ITR-5 & ITR-6 Effective
The new personal income tax regime needs stability as it was modified last year, whose impact will be known in
The government may take a “fresh call” on extending the sunset date for the concessional 15% corporate tax for new
The Central Board of Direct Taxes (CBDT) vide Notification No. 19 of 2024 dated January 31, 2024, has notified Income-tax
The Income Tax Department has issued an attention notice to Tax Deductors/Collectors. “Deductees/Collectees with PAN status marked as ‘Inoperative’ will
Budget 2024 expectations: “There have been various changes introduced by the government since it came into power to simplify the
The CBDT vide Notification No. 18/2024 dated January 30, 2024, granted the approval to ‘M/s Prayoga’ in Bengaluru as an
