Income Tax

No relief for Rahul Gandhi in National Herald case, says Delhi HC

No relief for Rahul Gandhi in National Herald case, says Delhi HC

Rahul Gandhi and his mother Sonia Gandhi are major stakeholders in Young India which has acquired Associated Journals Limited (AJL). National Herald newspaper was published by AJL.
 

Aug 08, 2018, 16:59 PM IST
Govt extends due date for filing ITR by one month till August 31

Govt extends due date for filing ITR by one month till August 31

The decision comes days ahead of the July 31 deadline.

Jul 26, 2018, 18:18 PM IST
MS Dhoni becomes biggest income tax payer in Jharkhand

MS Dhoni becomes biggest income tax payer in Jharkhand

Former Indian cricket team captain Mahendra Singh Dhoni has become the biggest income tax payer in Jharkhand, by paying income tax of Rs 12.17 crore in financial year 2017-18. According to a report in Prabhat Khabar, the firebrand cricketer has also deposited Rs 3 crore as advance tax for the next financial year.

Jul 24, 2018, 09:01 AM IST
Income Tax returns of 50 rich Indians, who bought Nirav Modi jewellery, to be re-assessed

Income Tax returns of 50 rich Indians, who bought Nirav Modi jewellery, to be re-assessed

The Income Tax Department has decided to re-assess the ITRs of over 50 high net-worth individuals who purchased costly jewellery from firms owned by absconding diamantaire Nirav Modi.

Jul 14, 2018, 16:39 PM IST
Cash, cars and properties worth crores: IT raids on Noida Authority engineer reveals riches galore

Cash, cars and properties worth crores: IT raids on Noida Authority engineer reveals riches galore

Documents of as many as 22 properties belonging to Brijpal Yadav were discovered - apart from cash, jewelleries and cars.

Jun 09, 2018, 14:54 PM IST
Taxpayers receiving pension from ex employers eligible for Rs 40,000 standard deduction

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.

Apr 06, 2018, 13:13 PM IST
New ITR forms for 2018-19 notified by CBDT, some fields 'rationalised'

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.

Apr 05, 2018, 23:36 PM IST
Last day to file IT return today: Here’s what you need on your checklist

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.

Mar 31, 2018, 10:55 AM IST
10 key Income Tax rules will change from April 1 – All you should know

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.

Mar 30, 2018, 08:39 AM IST
ITR not filed for 2 years? Know how to file belated ITR, penalty, deadline and more

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.

Mar 22, 2018, 07:40 AM IST
Direct Tax collections for FY 2017-18 show growth of 19.5 percent up to February 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.

Mar 08, 2018, 22:47 PM IST
Budget 2018: All about changes in Income Tax slabs and how it will impact you

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.

Feb 27, 2018, 16:50 PM IST
Key tax changes that will come into effect from April 1 – All you should know

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

Feb 21, 2018, 07:55 AM IST
Odisha: IT official caught accepting bribe, arrested by CBI

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.

Feb 13, 2018, 12:16 PM IST
Direct tax kitty grows 19% to Rs 6.95 lakh crore in Apr-Jan period

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%.

Feb 09, 2018, 21:23 PM IST
These investments will help you in saving taxes –Know

These investments will help you in saving taxes –Know

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

Feb 09, 2018, 14:58 PM IST
Ajay Devgn starrer Raid poster out – See pic

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.

Feb 06, 2018, 10:24 AM IST
Highlights: Finance Minister Arun Jaitley's interview to Zee after Union Budget 2018

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.

Feb 03, 2018, 17:28 PM IST

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.

Feb 01, 2018, 15:54 PM IST

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