Balochistan's new agricultural income tax bill sparks opposition from farmers

Feb 07, 2025

The Balochistan Assembly has recently passed the "Balochistan Tax on Land and Agricultural Income Bill," which imposes an income tax of up to 45...

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).

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...

Two-thirds taxpayers likely to shift to new regime in 2023-24 itself: CBDT chief

Feb 03, 2023

The income tax rebate limit available for salaried and individual taxpayers under the new income tax regime has been hiked to Rs 7 lakh...

4.86 crore IT returns filed for AY 2021-22 till Dec 28

Dec 29, 2021

New Delhi [India], December 29 : Over 4.86 crore Income Tax Returns (ITRs) have been filed for the Assessment Year 2021-22 till December 28,...