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).

'Crypto tax': India imposes 30 per cent tax on income from digital assets

Feb 01, 2022

New Delhi [India], February 1 : In a significant move to bring cryptocurrency transactions under the tax net, Union Finance Minister Nirmala Sitharaman on...

Income Tax officials surveys on BBC offices in India

Feb 14, 2023

Income Tax authorities are conducting survey on the British public broadcaster BBC.

Major personal income tax relief: Finance act 2023 amends section 87a, no tax liability for incomes up to Rs 7 lakh

Jan 15, 2024

Ministry of Finance posted on X, "Benefits in Personal Income Tax! Vide Finance Act, 2023, Section 87A of the Income-tax Act, 1961 has been...

3.83 crore Income Tax Returns filed

Dec 20, 2021

New Delhi [India], December 20 : A total of 3.83 crore Income Tax Returns (ITRs) were filed till December 19, as per the Income...

Filing of ITR for FY 2019-20 extended till Nov 30

Jul 04, 2020

New Delhi [India], July 4 : The Income Tax Department stated that the filing of income-tax returns (ITR) for Financial Year 2019-20 has been...