Home » income tax

You Searched For "income tax"

CBDT Seeks Inputs on Income Tax Bill 2025

CBDT Seeks Inputs on Income Tax Bill 2025

The Central Board of Direct Taxes invites suggestions to simplify tax processes and reduce compliance burdens as the...

18 March 2025 7:34 PM IST

Bhopal: Abandoned Car’s Cash, Gold Yet to Find Owner

Bhopal: Abandoned Car’s Cash, Gold Yet to Find Owner

Probe agencies investigating into the case of the seizure of a cash of Rs 11 crore and 52 kg gold in an abandoned car...

14 March 2025 11:59 PM IST

Shahrukh Khan Wins Tax Dispute as IT Tribunal Rules in His Favor

Shahrukh Khan Wins Tax Dispute as IT Tribunal Rules in His Favor

ITAT rejects reassessment of SRK’s 2011-12 income, citing lack of fresh evidence

10 March 2025 9:19 AM IST

Justice Nariman highlights states right to tax major minerals

Justice Nariman highlights state's right to tax major minerals

Supreme Court former judge Justice Rohinton Fali Nariman on Friday stressed on the state's power to tax major minerals...

15 Feb 2025 12:32 AM IST

Simplified I-T Bill likely to be tabled in Parliament today

Simplified I-T Bill likely to be tabled in Parliament today

Once introduced in the Lok Sabha, the Bill will be sent to the Parliamentary Standing Committee on Finance for further...

12 Feb 2025 7:59 PM IST

Only Half of Foregone Income Tax Revenues Will Boost Consumption

Only Half of Foregone Income Tax Revenues Will Boost Consumption

The income tax rebate under the new tax regime has been raised to Rs 12 lakh per annum from Rs 7 lakh along with a...

7 Feb 2025 9:26 PM IST

New Income Tax Bill to Simplify Compliance

New Income Tax Bill to Simplify Compliance

Govt to introduce a concise Income Tax Bill, reducing complexity and making compliance easier for taxpayers

6 Feb 2025 8:29 PM IST

DC Edit | Tax reliefs bid to boost spending, spur growth

DC Edit | Tax reliefs bid to boost spending, spur growth

The finance minister has rolled out various initiatives for small businesses in the medium, small and micro enterprises...

2 Feb 2025 1:07 AM IST

New income tax bill will be introduced next week: Nirmala Sitharaman

New income tax bill will be introduced next week: Nirmala Sitharaman

As per the government data, over 6,500 stakeholder suggestions have been received, and the review has been completed

1 Feb 2025 10:41 PM IST

Budget 2025: Tax-free income up to Rs 12 lakh sparks joy, confusion online

Budget 2025: Tax-free income up to Rs 12 lakh sparks joy, confusion...

Netizens celebrate the tax exemption announcement for incomes up to Rs 12 lakh with memes and humour, though confusion...

1 Feb 2025 7:52 PM IST

Surcharge revenue triples in two years to Rs 1.39 lakh crore

Surcharge revenue triples in two years to Rs 1.39 lakh crore

Chennai: The surcharges levied by the government upon different taxes tripled in the past two years to a total of Rs...

22 Nov 2024 7:23 PM IST

The tax sleuths also raided the Narayana group of educational institutions run by AP minister K. Narayana.

I-T searches at offices of real-estate firm in Chevella and Shadnagar

Hyderabad: The sleuths of the Income Tax (I-T) department on Monday carried searches on the premises of a real-estate...

18 Nov 2024 11:41 AM IST