Thu, Mar 19, 2020
PAN Aadhaar Link: The Income Tax Department has said that it is mandatory to link your PAN and Aadhaar cards before 31st March, 2020.
More >
Tue, Mar 17, 2020
Aadhaar PAN Link: If you don't do PAN Aadhaar link by 31st March 2020, it will become inoperative from the next financial year.
Sat, Mar 07, 2020
PAN Card Link In Aadhaar: Income Tax Department has launched a new facility that allows Aadhaar Card holder to get instant PAN Card without any charges.
Sat, Jan 13, 2018
The assets allegedly belong to some high networth individuals from Delhi
Fri, Jan 12, 2018
The Income Tax Department has accorded the highest priority to tackle the menace of black money. With this objective in mind, the department has initiated criminal prosecution proceedings in a large number of cases of tax offenders and evaders, said a Finance Ministry statement today.
LTA is a tax exemption given to employees by their employer, when the former is travelling with their family or alone.
UIDAI announced the creation of a "virtual ID" which can be used in lieu of the 12-digit Aadhaar number at the time of authentication of any services.
Wed, Jan 10, 2018
Under IT Act, Section 80G is available for contributions made to certain relief funds and charitable institutions.
Tue, Jan 09, 2018
Initially, the MAT was introduced for companies and was later made applicable to all other taxpayers in the form of AMT.
Fri, Dec 29, 2017
Any income earned via monthly regular income from an employer or ex-employer paid in the given financial year is considered as 'salary income'.
Wed, Dec 27, 2017
If you are a salaried person and earn up to Rs 2.5 lakh, you are not liable to pay any income tax. However, if you earn between Rs 2.5 lakh and Rs 5 lakh, you have to pay 5% income tax.
Mon, Dec 18, 2017
Prime Minister Narendra Modi on November 8, 2016 had announced demonetisation of Rs 1,000 and Rs 500 notes in a major assault on black money, fake currency and corruption.
The SEBI may come down heavily on illicit 'initial coin offers' seeking public investments with promise of high returns from Bitcoins in the absence of any regulatory regime.
Fri, Dec 15, 2017
The move comes after the Income Tax department team carried out a survey at major Bitcoin exchanges across the country on suspicion of alleged tax evasion.
Wed, Dec 13, 2017
Bitcoin is referred as cryptocurrency and would be the first decentralized digital currency, as the system works without a central bank or single administrator.
Tue, Dec 12, 2017
If you miss the first deadlines for advance tax payment, you will have to pay interest, which is computed as 1% interest on the defaulted amount for every month until the tax is paid off completely.
Fri, Dec 08, 2017
The I-T department has made a provision for linking Aadhaar with PAN either through SMS or by logging into their official website.
Sun, Dec 03, 2017
The current deadline for linking the 10-digit alphanumeric PAN (Permanent Account Number), issued by the Income Tax Department, with Aadhaar is December 31.
Tue, Nov 21, 2017
Before investing in penny stocks, investors should keep in their mind a few facts or else would face losses in future as risks involved in this platform is higher.
Sun, Nov 19, 2017
Cairn Energy holds 4.95% stake in Vedanta Ltd that the income tax department had attached in January 2014 after slapping the British firm with a Rs 10,247-crore tax demand over a decade-old internal reorganisation of Indian business.
Wed, Nov 15, 2017
Banks started scanning all the account details of directors who were disqualified by the Ministry of Corporate Affairs as part of alleged shell companies.
Tue, Nov 14, 2017
Sushil Chandra, chairman, Central Board of Direct Taxes (CBDT) said despite closing of I-T returns filing time period, a number of entities and individuals failed to file their tax returns, as required under the 'Operation Clean Money' (OCM) initiated by the government to check black money post demonetisation.
Tue, Nov 07, 2017
In the Union Budget 2017, the government has fixed direct collections target at Rs 9.8 lakh crore. So far, the govt has received Rs 4.39 lakh crore between April - October 2017.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
