Latest Income tax news regarding Income Tax Rates, Income Tax Exemptions and ITR filing Last date
‘No return’ scheme for salaried class earning less than Rs. 5 Lakh to be notified by June The Chairman of Central Board of Direct Taxes ( CBDT), Sudhir Chandra, today […]
the Direct Taxes Code (DTC), which will replace the Income Tax Act
DTC to be implemented from 1st April, 2012: Pranab Read More »
In a big relief from cumbersome tax filing process for the salaried class, Finance Minister proposed to exempt them from filing tax returns unless they have other sources of income
No filing of tax returns if salary is only income:Pranab Read More »
IT Initiatives: E-Filing and E-Payment of Taxes, Web-based facility for tax Payers to track Resolution of Refunds
Exemption Limit for Individual Tax Payers Raised to Rs.1,80,000 Qualifying age for Senior Citizens Lowered to 60 Years Senior Citizens above 80 Years to Get Exemption upto Rs. 5,00,000 The
Exemption Limit for Individual Tax Payers Raised to Rs.1,80,000 Read More »
Raise income tax exemption limit to Rs 3 lakh NEW DELHI: The government must increase the personal income tax exemption limit to at least Rs 3 lakh from Rs 1.6
Raise income tax exemption limit to Rs 3 lakh: Survey Read More »
The additional quantum of interest on Employees Provident Fund deposits would be exempted from income tax, the Lok Sabha was informed today. The provident fund trustees had on September 15
No tax on additional interest on EPF money Read More »
The Union Cabinet has approved Direct Tax Code(DTC) The Union Cabinet on Thursday approved a new set of direct tax rules that proposes to raise income tax exemption limit from
The income tax department today said it will open 264 special counters from July 21-31 in the Capital and national capital territory region
264 special counters from July 21-31 in the Capital for filing IT Returns Read More »
The Promotee officers and Staff of the Income tax Department are on agitation from the 7th of June, 2010 in pursuance of the 12-point Charter of demands
INCOME TAX OFFICERS & STAFF TO STRIKE WORK ON 15TH JULY 2010 Read More »
Investment in Bonds of IFCI, IDFC, LIC and NBFCs (Classified as Infra Finance Company) Eligible for Tax Exemption under Section 80CCF The Central Government have specified bonds to be issued
