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).

US Supreme Court clears way for handover of Trump tax returns to Congress

Nov 22, 2022

The Supreme Court on Tuesday (local time) cleared the way for the imminent handover of former President Donald Trump's tax returns to a congressional...

Over 5.78 crore Income Tax returns filed for 2021-22 till Friday evening

Dec 31, 2021

New Delhi [India], January 1 : More than 5.78 crore Income Tax Returns for the assessment year 2021-22 were filed till 7 pm on...

CBDT extends due date for furnishing of ITRs, audit reports

Oct 24, 2020

New Delhi [India], October 24 : In a bid to provide more time to taxpayers for furnishing of Income Tax Returns, the Central Board...

Pakistan government blocks over 11,000 SIM cards of non-filers

May 23, 2024

In a bid to promote tax compliance and tax culture, authorities in Pakistan have blocked the SIM cards of more than 11,000 people so...

Tax net widened, tax liability of middle class reduced under Modi govt

Nov 13, 2024

There has been a 120 per cent increase in returns filed between 2014 and 2024. From some 3.6 crore Income Tax Returns Filed in...