Latest Income tax news regarding Income Tax Rates, Income Tax Exemptions and ITR filing Last date
Do you want to Know the Status For Income Tax Refund ? First Check Bank Account validation Status For Income tax Refund. Has your bank merged with another bank? Has …
Check Bank Account validation Status For Income Tax Refund Read More »
Pension disbursing banks are obligated to ensure that they do not deduct Income Tax at source from the pensions of Gallantry Awardees. This obligation arises from the stipulations outlined in …
No More Tax Deductions on Gallantry Awardees Pensions Read More »
Notification for Amendment in Computation of Tax for sum received under life insurance policy MINISTRY OF FINANCE(Department Of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 16th August, 2023 G.S.R. 604(E).—In …
The Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, has issued a notification introducing the e-Appeals Scheme, 2023 under the Income-tax Act, 1961
The Ministry of Finance, Department of Revenue, Central Board of Direct Taxes has issued a notification on May 29, 2023. This notification introduces amendments to the Income-tax Rules, 1962.
Regarding press release announcing an increase in the tax exemption limit for leave encashment for non-government salaried employees
Regarding the maximum amount receivable by its employees as cash equivalent of leave salary in respect of the period of earned leave at their credit at the time of their retirement and this amendment, effective from April 1, 2023
Circular No. 04 of 2023, issued by the Central Board of Direct Taxes in India, provides clarification regarding the deduction of tax deducted at source (TDS) on salary income under section 192 of the Income-tax Act, 1961
Regarding assessment and regularization of Income Tax for the Financial Year 2023-2024 (Assessment Year 2024-2025)
The Office of CGDA has issued a circular regarding the deduction of income tax on the interest earned on GPF subscriptions exceeding Rs. 5 lakhs during the financial year 2021-22.
The Indian government has increased the standard deduction for tax calculation available on the gross salary of salaried employees from Rs. 40,000 to Rs. 50,000 in 2019 as per the provisions of the Income-tax Act, 1961.
