'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...

IT dept prepares to tax 30 per cent profits made on crypto transactions

Mar 31, 2022

New Delhi [India], March 31 : The Income Tax Department will keep a close eye on every transaction on crypto exchanges as the 30...

All India Bar Association welcomes IT survey on BBC

Feb 14, 2023

The All India Bar Association (AIBA) on Tuesday congratulated the Income-tax Department for going through BBC's documents to check irregularities relating to international taxation...

Central Board of Direct Taxes extends deadline for taxpayers with international transactions

Nov 30, 2024

The Central Board of Direct Taxes (CBDT) on Saturday extended the due date for filing the return of income tax for tax payers with...

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).

I-T dept raids Vyapak Enterprises offices in Bhopal, Raipur

Nov 06, 2020

Bhopal/Raipur (Madhya Pradesh/Chhattisgarh) [India], November 6 : The Income Tax department on Friday conducted raids at the official premises of Vyapak Enterprises in Bhopal...