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Individual taxpayers News

Income tax return

24 Oct 2020

Centre extends deadline for filing income tax return for FY20 till December 31

Centre has extended the deadline for filing the income tax return for FY20 till Dec 31 For those taxpayers whose accounts need to be audited, the ITR filing deadline has been extended by two months till January 31, 2021 The government had in May extended the date for filing ITR for FY2019-20 from July 31 to November 30

13 Apr 2020

Employees should inform employers about intention to opt new tax regime: CBDT

CBDT said an employee intending to opt for concessional rates of income tax as provided in the Budget 2020 may intimate the deductor or his employer of such intention.

20 Jan 2020

Budget 2020: Income Tax relief for taxpayers, other exemptions likely

If the government accepts the Taskforce's recommendations and implements the same, personal income taxpayers will get a big relief.

individual taxpayers

11 Apr 2017

Number of Indians with assets of over Rs 200 crore rises to 283

Continuing with upward trend, the number of people showing gross assets exceeding Rs 200 crore increased to 283 in the country during the last financial year ended March 31.

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