U.S. President Joe Biden this week said he needs to break up the signature legislation, passing a large chunk now and other measures later in the year…
Category: Income Tax
Income tax News from varies Personal Finance media, we summarize all Income tax news into a sitemap summary with link to related Income tax News for the one who wanted to know updated Income tax information in timely manner.
As COVID cases unfortunately have seen a spike recently in the country, there are heightened expectations among taxpayers that reliefs and deductions …
AHMEDABAD: The Gujarat high court has asked CBDT to fix the technical glitches taxpayers are facing, while filing tax audit report (TAR) and income ta…
The advance ruling mechanism is provided in the Income Tax Act to provide upfront clarity to non-residents and certain other specified taxpayers, rega…
The Income-Tax department has moved the Supreme Court challenging an order by the Allahabad High Court quashing income tax notices issued after March …
KARACHI: The Federal Board of Revenue (FBR) is launching a series of online hearings next month allowing taxpayers to air their grievances and lodge c…
Delays in processing returns are triggering premature collection notices — and that in turn can ne…
The icing on the cake is that repayment of principal and the interest amount provide various tax breaks, which help reduce a taxpayer’s total Income-tax (I-T) outgo. For instance…
Anxiety is spreading across China’s business community as authorities gear up to introduce a powerful new tax surveillance system that some have likened to a “giant X-ray machi…
Cryptocurrencies, also known as virtual currencies, have gone mainstream. However, using cryptocurrencies has federal income tax implications. Here’s what you need to know at 202…
Budget Predictions: The Budget session this year is set to kick in and the salaried class in India stares at the date in anticipation of a number of changes that are going to affec…
NEW DELHI: The income tax (I-T) department on Thursday said it has issued refunds of over Rs 1.54 lakh crore to more than 1.59 crore taxpayers so far this fiscal. This includes 1.2…
Thursday, January 13th 2022 – 09:11 UTC Full article ECLAC recommended consolidating the income tax on individuals and corporations, extending the scope of taxes on heritage and pr…
The income tax department on Thursday said it has issued refunds of over Rs 1.54 lakh crore to more than 1.59 crore taxpayers so far this fiscal. This includes 1.20 crore refunds o…
The Budget 2021 had brought in a provision which mandated that non-filers of income tax returns for past two fiscal years would be subjected to higher tax deducted at source (TDS) …