Revised I-T Rules Offer Tax Relief To Employees With Rent-Free Accommodation

New Delhi- Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a...

Net Direct Tax Mop-Up Grows 17 Pc To Rs 5.84 Lakh Crore So Far...

New Delhi- Net direct tax collections swelled 17.33 per cent to Rs 5.84 lakh crore so far this fiscal, reaching 32 per cent of...

Record 6.77 Cr ITRs For AY 2023-24 Filed Till July 31; 53.67 Lakh First-Time...

New Delhi- The income tax department, on Tuesday, said a record 6.77 crore income tax returns for the assessment year 2023-24 were filed till...

More Than 5 Cr Income Tax Returns Filed For 2022-23 Fiscal So Far

New Delhi- Over 5 crore tax returns have been filed for income earned in the 2022-23 fiscal, which ended March 31. Out of the 5.03...

Over 3 Crore Income Tax Returns Filed So Far: Tax Department

New Delhi- Over 3 crore ITRs for income earned in 2022-23 fiscal have been filed so far, out of which 91 per cent have...

FM Says No Income Tax For People Earning Up To Rs 7.27 Lakh Per...

Udupi (Karnataka)-  Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people, including income...

Net Direct Tax Mop-Up Grows 16%To Rs 4.75 Lakh Crore So Far This Fiscal

New Delhi- Net direct tax kitty swelled 16 per cent to Rs 4.75 lakh crore so far this fiscal, a reflection of economic activity...

GST Council Likely To Define MUVs And XUVs For Levy Of 22% Cess

New Delhi- The GST Council is likely to clarify on the definition of multi utility vehicles (MUVs) and crossover utility vehicles (XUVs) for levy...

Centre To Soon Notify Rules For Setting Up GST Appellate Tribunals

New Delhi- The Centre will soon notify rules for setting up GST appellate tribunals and appoint members after approval from the GST Council, a...

J&K Registers Record Rs 588.68 Cr GST Revenue In June 2023

Srinagar- The Union Territory of Jammu and Kashmir has registered substantial growth of 58 percent in GST revenue collected in the month of June...