Income tax news in india
Web1 day ago · Under our tax system, an annual income of Rs. 2.5 lakhs is entirely exempted from tax. To claim deductions from the gross total income on account of various tax … WebFeb 11, 2024 · Gross Direct Tax Collection Jumps 31% To ₹ 10.54 Lakh Crore Press Trust of India Saturday November 12, 2024, New Delhi Gross collection of tax on corporate and …
Income tax news in india
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WebDec 20, 2024 · Personal income tax rates The slab rates applicable to individuals for tax year 2024/22 are as follows: The basic exemption limit for resident individuals who are 60 years of age or more but less than 80 years of age at any time during the tax year is INR 300,000. For resident individuals who are 80 years of age or more, it is INR 500,000. WebJul 31, 2024 · As many as 63,47,054 tax returns had been filed up to 10 pm on Sunday, the IT Department posted on Twitter. It also put out its email address, [email protected], and helpdesk numbers, 1800 103 0025 and 1800 419 0025, to provide assistance to taxpayers for the resolution of queries and issues in filing of the returns.
WebSep 17, 2024 · Get latest Income Tax News news updates & stories. Explore Income Tax News photos and videos on India.com WebBudget 2024 has made many changes under the Income Tax Act, 1961. Some of these changes will come into effect from the start of new financial year 2024-24 i.e., from April …
Web1 day ago · The time series data up to 2024-22 released by the Central Board of Direct Taxes (CBDT) showed India's gross direct tax collection rose 173% to Rs 19.7 lakh crore in 2024-23 from Rs 7.2 lakh crore ... WebThe Income Tax Department on Tuesday conducted a survey operation at the BBC's offices in Delhi and Mumbai as part of an investigation into alleged tax evasion. Latest News India.
WebMar 23, 2024 · The UK government came in support of the BBC after the Income Tax department in India conducted a survey operation in the media organisation's Delhi, …
Web15 Feb 2024Income Tax: CBDT Notifies ITR Forms for Assessment Year 2024-24. ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers. 13 Feb 2024. Residents of … fortson oil company fort worth texasWebThe visit from tax officials comes less than a month after the BBC released a two-part documentary, 'India: The Modi Question', which looked at the 2002 Gujarat riots, and was dismissed as the ... fortson surnameWeb1 day ago · In addition, family pensioners opting for the new tax regime can claim a standard deduction of Rs 15,000 from their pension income. Soni highlighted that the rebate under … forts on olympic peninsulaWeb11 hours ago · At the time of hearing, the learned AR submitted that the assessee has received identical lease rental income from its Indian associated enterprises in the earlier years also and the same was assessed as royalty by the Assessing Officer. He submitted that the Tribunal has deleted the said addition in A.Y. 2013-14 to 2014-15; 2024-18 to … dinosaur with big handsWebe-Filing Home Page, Income Tax Department, Government of India. LOADING. fortson solutionsWebFeb 1, 2024 · The new tax regime will now be the default tax regime, Finance Minister Nirmala Sitharaman said. The revised tax slabs are listed below: 0 to Rs 3 lakhs - nil Rs 3 … dinosaur with big finWeb1 day ago · New Delhi: With the new Financial Year (FY 2024-2024) kicking in, your income tax-related matters ought to be organised within the prescribed time frame.The most important aspect of this financial year is the introduction of new income tax slab --announced by FM Nirmala Sitharaman in this year's Budget -- and your consequent … dinosaur with big back fin