Pakistan telecom operators agree to block SIMs of tax evaders

May 12, 2024

The understanding was reached after the Federal Board of Revenue (FBR) held crucial meetings with the Pakistan Telecommunication Authority (PTA) and telecom operators to...

Delhi HC refuses to stay IT proceedings against Congress for recovery of outstanding tax

Mar 13, 2024

The Delhi High Court on Wednesday upheld the Income Tax Appellate Tribunal (ITAT) order refusing to stay on the Income Tax notice for recovery...

Sitharaman says "numbers speak for themselves" as Indians increasingly opting new tax regime

Aug 21, 2024

In the Budget for 2020-21, the government, in order to provide relief to individual taxpayers and to simplify the income-tax law, had proposed to...

Tribunal reserves order on Congress plea seeking stay against IT recovery proceedings, freezing bank accounts

Feb 22, 2024

Income Tax Appellate Tribunal (ITAT) on Thursday reserved its order on a plea by the Congress party, which has sought a stay against Income...

I-T to follow normal course of action to recover 'tax dues' from Congress: Sources

Feb 16, 2024

The Income Tax department will follow the normal course of action against tax recovery in the case of the Congress, sources said after party...

Taxpayers aged between 18 to 35 years filed 2,09,06,829 ITRs till Jan 31: Centre

Feb 07, 2023

As per Income-tax Act, 1961, tax is calculated and collected based on total income returned in Income tax Returns (ITR).