Hero MotoCorp receives ₹605-cr tax demand notice
Hero MotoCorp says it will file appeals against the orders with appellate authorities including filing of rectification applications.
income tax
April 2024
February 2024
October 2023
New changes in income tax rules from April? FinMin clarifies
The government clarifies the new tax regime is the "default tax regime"
LIC share surges up to 8% post ₹21,741 cr refund from I-T
Life Insurance Corporation has received refund orders for 7 financial years from the I-T dept; the total amount of refund was ₹25,464.46 cr
More services to taxpayers to boost compliance: CBDT Chief
CBDT Chairman Nitin Gupta said robust tax collection numbers projected in the budget are attributable to multiple factors, including higher compliance.
'Big Data, AI aiding higher tax collection'
Sanjay Kumar Agarwal, chairman, Central Board of Indirect Taxes and Customs (CBIC), tells Fortune India what is driving the buoyancy in GST (goods and services tax) revenues.
Budget 2024: No change in income tax slabs this time
FM says over the last 10 years, direct tax collections have trebled and return filers have swelled 2.4 times
Budget 2024: Big relief for taxpayers as FM waives tax demands up to 2014-15
There are a large number of petty, non-verified, non-reconciled or disputed direct tax demands many of them dating back as far back as 1962, says Nirmala Sitharaman.
Budget 2024: Income Tax Payers Close To Double Of FY14
Record 8.18 crore Income Tax Returns (ITRs) filed in FY24.
Budget 2024: What’s in store for middle class this time?
Keeping General Elections 2024 in mind, govt may surprise the middle class with some bonanza on housing, income tax or consumption front
Over 30.75 lakh audit reports filed for AY24: FinMin
Of this, 29.5 lakh tax audit reports have been filed for the assessment year 2023-24, and other audit reports in form no. 29B, 29C, 10CCB etc, says the finance ministry.
