Home » income tax

You Searched For "income tax"

AA Edit | SEEPC Survey Finds Stark Economic Disparities In Telangana

AA Edit | SEEPC Survey Finds Stark Economic Disparities In Telangana

The survey data suggest that only 10.3 per cent of individuals pay income tax in Telangana. Only six per cent of...

18 April 2026 12:26 AM IST

The BCTT was introduced in 2005 by the then UPA finance minister P Chidambaram.

Govt denies replacing income tax with BTT

Santosh Kumar Gangwar said There is no tax by the name of BTT in the statute.

17 March 2017 7:22 PM IST

The Union finance ministry said that there were some complaints that the taxpayers are not being able to log on to the e-filing website of I-T department or not being able to link Aadhaar with PAN.

Centre sets up panel to rewrite income-tax law

The panel's recommendations may have far-reaching implications and will change the way people now pay income-tax.

23 Nov 2017 1:07 AM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

I-T officials retrieve over Rs 50 crore from UP irrigation dept...

I-T Officials raided 22 locations in 7 cities to also recover cash and jewellery worth Rs 2.5 crore.

11 Nov 2017 6:32 PM IST

TTV Dhinakaran said that they would also request the commission to not reveal the video to anyone. (Photo: File)

Raids aimed at finishing me, says TTV Dhinakaran

Dhinakaran sought to know why his party leaders were being search and questioned.

10 Nov 2017 1:46 AM IST

The Union finance ministry said that there were some complaints that the taxpayers are not being able to log on to the e-filing website of I-T department or not being able to link Aadhaar with PAN.

Direct tax revenue grows 17.5 pc to Rs 2.24 lakh cr in Apr-Aug

The government estimates to collect Rs 9.80 lakh crore from direct taxes in the current fiscal.

11 Sept 2017 7:44 PM IST

During her posting as a sub-divisional magistrate in Chhatarpur district, Meena had taken action against illegal sand mining following the CM Shivraj Singh Chouhans directions. (Photo: AFP/Representational)

I-T raids on VV Minerals, its owner in Tamil Nadu, other miners in...

Over 130 I-T department officials are conducting the operation with assistance from security and police personnel.

25 Oct 2018 10:11 AM IST

Interestingly, the CBDT chiefs move to make officers comply by seeking a compliance report every three months gives room for hope for justice for the taxpayer.

Gross direct tax collection grows 16.7 pc to Rs 5.47 lakh crore in...

The Central Board of Direct Taxes has collected Rs 2.10 lakh crore as advance tax.

4 Oct 2018 12:39 PM IST

The success in divestments and encouraging goods and services tax collections will help government reduce pressure on the fiscal math, says a report. (Photo: PTI/Representational)

Increase tax exemption limit to Rs 3 lakh, says SBI report

Govt has periodically increased the income tax slabs from Rs 22,000 in 1990-91 to Rs 2.5 lakh in 2014-15.

23 Jan 2018 12:34 PM IST

48 persons were convicted for various offences during the current year (upto the end of November, 2017) as compared to 13 convictions for the corresponding period in the immediately preceding year, marking an increase of 269% (Income Tax)

I-T: 2,225 cases in prosecution

Compounding of offences is done when the defaulter admits to its offence and pays the compounding fee as per stipulated...

13 Jan 2018 1:09 AM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Benami items worth Rs 3,500 crore attached: I-T

In yet another case, a cash amount of Rs 1.11 crore was intercepted from a vehicle with a person who denied the...

12 Jan 2018 2:19 AM IST

Income Tax department

Taxman alert: Keep away from benami transactions

Tax department attached benami assets worth Rs 1,833 crore across country from Nov 1, 2016 to Oct 2017.

10 Jan 2018 1:39 PM IST