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...

I-T Dept Tweaks Disclosure Norms For Charitable Institutions

NEW DELHI- The income tax department has tweaked disclosure norms for charitable institutions claiming I-T exemption by seeking additional details. As per amendments to the...

Digital Public Infra Helped Make Optimum Use Of Taxpayers’ Money, Reduce Leakage: FM

New Delhi- Finance Minister Nirmala Sitharaman on Thursday said digital public infrastructure has allowed India to make optimum use of taxpayers' money. Addressing a session...

Net Direct Tax Collection Rises 11% To Rs 3.80 Lakh Cr Till June 17

New Delhi- Net direct tax collection till June 17 this fiscal rose by 11.18 per cent to Rs 3.80 lakh crore on higher advance...