Over 7.40 Cr Persons Filed ITRs In FY23, 5.16 Cr Showed Zero Tax Liability:...

New Delhi- Over 7.40 crore persons filed income tax returns in the 2022-23 fiscal, of which 5.16 crore showed zero tax liability, the Finance...

14 Companies Approach Govt To Settle Retrospective Taxation Cases: Revenue Secy

New Delhi- As many as 14 companies against whom retrospective tax demands were raised have approached the government to settle cases, Revenue Secretary Tarun...

Govt Actively Studying Duties Levied On Steel Exports

New Delhi- The government is actively studying the issue of export duty which was imposed on certain grades of steel in May this year. The...

I-T Dept Asks Taxpayers To Respond To Intimation Of Past Tax Demands For Faster...

New Delhi- The income tax department on Saturday asked taxpayers to respond to intimation from the I-T department regarding outstanding demands of previous years...

Finance Ministry Extends ITR Filing Deadline For Companies Till November 7

NEW DELHI- The Finance Ministry on Wednesday extended the deadline for filing income tax returns for the assessment year 2022-23 by businesses till November 7. The last...

More Than 100 Millionaires Make An Unusual Plea: ‘Tax Us Now’

PARIS- More than 100 millionaires made an unusual plea on Wednesday: "Tax us now". Their appeal came as a study backed by wealthy individuals and...

Confidential Transactions Could Add Anonymity to Litecoin

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...

GST Mop-Up In March At Rs 1.60 Lakh Cr Second Highest Ever, FY23 Gross...

New Delhi- GST collections in March grew 13 per cent to the second highest ever at Rs 1.60 lakh crore, taking the growth rate...

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 Mop-Up Crosses Rs 1.5 Lakh Crore For Third Month In A Row; Up...

New Delhi- GST collections crossed Rs 1.50 lakh crore for the third month in a row, recording a 12 per cent increase in May...