Latest Income tax news regarding Income Tax Rates, Income Tax Exemptions and ITR filing Last date
Regarding Income Tax deduction from salaries during the Financial Year-2021-22 under Section -192 of the Income Tax Act, 1961
Income Tax deduction from salaries during the FY-2021-22  Read More »
Regarding whether Government is considering reduction or rationalisation of income tax slabs
Reduction or rationalisation of income tax slabs Read More »
Regarding the rates of deduction of Income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2021-22
Deduction of Income-tax from the Salaries during the financial year 2021-22  Read More »
Regarding Order under Para 3 of the Faceless Penalty Scheme, 2021 for defining the scope of penalty to be assigned to the Faceless Penalty Scheme, 2021
Granting relaxation of eligibility service by 03 months for the Vacancy Year 2019, 2020 & 2021
Details of the anticipated beneficiaries(Granting relaxation upto 03 months) – Finmin Read More »
Regarding Timely completion of APARs as per the timelines of the DoPT by Group A & Group B Officers of the Income Tax DepartmentÂ
Timely completion of APARs by Group A & B Officers of the IT Department Read More »
Regarding deduction of IT on interest of GPF subscription above Rs. 5 lakhs during FY 2021-22
Calculation of Income Tax on Interest of GPF -CDA Read More »
As per the Income Tax Rules, the following Tax Deductions are allowed to all the central government employees in NPS
Income Tax Deduction for NPS Subscribers Read More »
Regarding Income Tax Return, Deduction, Limit in Union Budget 2022-23
Income Tax Return, Deduction, Limit in Budget 2022-23 Read More »
Clause (10D) of section 10 of the Income-tax Act, 1961 (the Act) provides for income-tax exemption on the sum received under a life insurance policy, including any sum allocated by way of bonus on such policy subject to certain exclusions.
CBDT : Guidelines under clause (10D) section 10 of the Income-tax Act, 1961 Read More »
Timelines for filing of Income-tax returns : Extending Timeline for filing of Income Tax Returns for the Assessment Year 2021-22 Circular No. 01/2022 F. No. 225/49/2021/ITA-IIGovernment of IndiaMinistry of FinanceDepartment
Finmin: Extension of timelines for filing of Income-tax returns for the Year 2021-22 Read More »
