Zero-tax filers make up two-thirds of ITR submissions
About 66.5 per cent of the income tax return filers have zero tax liability, data presented in Lok Sabha on […]
Recent Tax News
States demanding funds as per their tax contribution is ‘petty thinking’: Piyush Goyal
Union Commerce Minister Piyush Goyal has said the demand by some States that they get central funds in proportion to
CBIC and CBDT Chiefs outline key steps to reduce tax-related litigations
In a bid to reduce tax-related litigation and streamline dispute resolution, the Central Board of Indirect Taxes and Customs (CBIC)
Tax cuts won’t be inflationary, fiscal consolidation path intact, says finance secretary
The decision to revamp the income- tax structure will not lead to inflationary pressures, as the fiscal consolidation path remains
New Income-Tax Act to make life simple for taxpayers: CBDT chairman Ravi Agrawal
The tax department has renewed its focus on simplification and is banking on trust. In an interview to TOI, chairman
Tax cut to shield India from global headwinds, boost private investment, says CEA
The current geo-political and geo-economic uncertainties across the world are the driving force behind many of the announcements made in
Tax relief to give bank deposits a Rs 45,000-crore boost, strengthen credit growth, says DFS secretary
The tax measures announced in Budget 2025 are expected to push up bank deposits by Rs 42,000-45,000 crore, strengthening banks’
Budget 2025: India’s gender budget rises 37% to reach ₹4.49 lakh crore
Finance Minister Nirmala Sitharaman on Saturday allocated ₹4,49,028.68 crore for India’s Gender Budget, a 37% increase from last year, when
Crypto income: Budget 2025 tightens crypto transaction monitoring, other tax norms
Budget 2025 has tightened the norms for taxpayers engaged in cryptocurrency trading. Budget 2025 has put virtual digital assets such
Govt may offer sops, corporate tax scheme to push investments, boost growth
The government is considering offering fiscal incentives to attract fresh investments to harness opportunities emanating from US President Donald Trump’s
