Income Tax

Taxpayers receiving pension from ex employers eligible for Rs 40,000 standard deduction

Rs 40,000 standard deduction for salaried employees and pensioners was introduced in lieu of the exemption in respect of transport and medical expenses.

New ITR forms for 2018-19 notified by CBDT, some fields 'rationalised'

The policy-making body of the tax department said on Thursday that some fields have been "rationalised" in the latest ITRs forms.

Last day to file IT return today: Here’s what you need on your checklist

With the fiscal year closing on Saturday - March 31, 2018, various tax related matters have to be completed by the end of the day. This is the last day of the current fiscal year, and if you have not completed important tax-related tasks, now is the time to do it.

10 key Income Tax rules will change from April 1 – All you should know

Know how the change in Income Tax rules will impact you.

ITR not filed for 2 years? Know how to file belated ITR, penalty, deadline and more

Income Tax Department has fixed March 31, 2018 as the last date to file tax returns for AY 2016-2017 and 2017-2018.

Direct Tax collections for FY 2017-18 show growth of 19.5 percent up to February 2018

High growth was recorded in corporate and personal income taxes.

Budget 2018: All about changes in Income Tax slabs and how it will impact you

Finance Minister Arun Jaitley has introduced a number of changes that will impact the income tax you pay.

Key tax changes that will come into effect from April 1 – All you should know

Check out 10 key tax changes that will come into effect from April 1

Odisha: IT official caught accepting bribe, arrested by CBI

  An income tax official in Odisha was arrested after he was allegedly caught accepting a bribe from a petrol pump owner to not reopen an assessment matter, CBI officials here said today.

Direct tax kitty grows 19% to Rs 6.95 lakh crore in Apr-Jan period

Collections for Corporate Income Tax showed a growth of 19.2% and that for Personal Income Tax came at 18.6%.

These investments will help you in saving taxes –Know

You can claim a maximum cumulative amount of Rs 1.5 lakh under Section 80C.

Ajay Devgn and Ileana D'Cruz at Raid movie trailer launch event

Ajay Devgn starrer Raid poster out – See pic

The film directed by Raj Kumar Gupta will see Ajay as Amay Patnaik, Deputy Commissioner of Income Tax in Lucknow.

Highlights: Finance Minister Arun Jaitley's interview to Zee after Union Budget 2018

In an exclusive interview to Zee media, Finance Minister Arun Jaitley on Saturday defended his Budget and stated that he has tried to give maximum relief to the salaried class.

Budget 2018: Income tax slabs unchanged for the next fiscal year

Finance Minister keeps income tax slabs unchanged, relief for salaried class. Watch this video for more information.

Budget 2018: Arun Jaitley on income tax slabs unchanged and standard deductions

This segment of Zee Business brings to you information and latest updated about Finance Minister Arun Jaitley's speech. Watch this video for more information.

Budget 2018: Will Modi government reduce income tax rates this year?

This segment of Zee News brings to you information expectations on reduced income tax rates this year . Watch this video for more information.

Economic Survey 2017-18: 5 new facts on Indian economy

The Narendra Modi government on Monday tabled in Parliament, the Economic Survey 2018, which has pegged 2018-19 GDP growth at 7-7.5 per cent. The Economic Survey further raised concerns on high oil prices.

Arun Jaitley hints at further rationalisation of tax rates, says GST structure has stabilised

GST is an indirect tax which was introduced in India on July 1, 2017.

You may face these penalties if you don't pay tax on time

Collection from income tax stood at Rs 1.88 lakh crore in 2015-16, lower from Rs 1.91 lakh crore in the previous year.