Select committee on Income Tax bill to submit recommendations in monsoon session
The Select committee on new Income Tax bill will invite suggestions from various stakeholders and will seek clarifications from the […]
GST cut on insurance premia likely; final rate yet to be decided: Report
The central government is considering a reduction in the goods and services tax (GST) on health and life insurance premia
CBI Launches Separate Investigations Against 2 Income Tax Officers Over Alleged Bribe Demands
The CBI has launched investigations against two Income Tax (I-T) officers in two separate cases of alleged graft. In the
Income Tax tightens scrutiny on capital gains exemption abuse
The income tax authorities have uncovered instances of taxpayers exploiting the capital gains exemption provisions under section 54F of the
Income Tax Bill: Lok Sabha panel weighs expanding ‘accountant’ definition
The highlight of the two meetings of the select committee of the Lok Sabha, tasked with examining the Income Tax
Planning to submit fake rent receipts to claim HRA? Here’s how Income Tax dept catches fraudsters
Salaried employees in India claim tax benefits under House Rent Allowance (HRA) by submitting rent receipts. However, in an attempt
Income Tax Dept Cracks Down On ₹4,500 Crore Dubious Political Donations, Sends Notices To 9,000 Donors
The Income Tax (IT) department has cracked down on dubious political donations, issuing several hundred notices with a long list
Rajasthan Assembly Passes GST Amendment Bill, 2025
The Rajasthan Assembly on Wednesday passed the Rajasthan Goods and Services Tax (Amendment) Bill-2025 by voice vote amid a walkout
Advance tax: March 15 is deadline of last instalment; what penalty will you pay if you miss it
The Income Tax Department has issued a reminder that the final installment of advance tax for the financial year 2024-25
DGGI summons Shalini Passi over Pasco tax issues
The Directorate General of Goods and Services Tax Intelligence (DGGI) has summoned celebrity and former partner of Pasco Motors Shalini