Income tax refund stuck? Your bank account perhaps not validated. This is how you can fix it
Taxpayers must make sure that a validated bank account is there for receipt of funds, failing which the refund will get ...
Nick Hanauer, critic of income inequality, calls proposed Washington wealth tax ‘impractical’
Hanauer’s criticism is notable given his support of the capital gains tax, which taxes profits over $262,000 made from the ...
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Income Tax department issues lookout circular for Saurabh Sharma
A look-out circular has been issued against former RTO constable Saurabh Sharma. Following the seizure of 52 kg of gold and Rs 11 crore in cash from an Innova car in Bhopal's Mendori village, the ...
Budget 2025: Income Tax Rate On Rs 15 Lakh Salary Likely To Be Cut, Says Report; Check New & Old Tax Rates
The PM Modi led government has come to power for second term in India, and Finance Minister Nirmala Sitharaman is all set to ...
Vivad Se Vishawas Scheme 2024: Income Tax Department releases new FAQs on eligibility, tax amount payable; Check details here
4. The DTVSV Scheme, 2024 provides for the different rates where declaration is filed on or before 31.12.2024 and where it is ...
Income Tax Department regrets issuing erroneous notices to taxpayers: Know the details
The tax department has erred in sending notices to many taxpayers for defective income tax return (ITR). A defective return ...
Income Tax department recalls 'defective' notices sent to taxpayers
Verify notices: Taxpayers should log in to the Income Tax e-filing portal to confirm whether a defective notice still stands ...
Vivad Se Vishwas Scheme 2024: Income tax department releases FAQs to address queries of taxpayers
Vivad Se Vishwas Scheme, 2024 is aimed to bring down the pendency of income tax related cases in the courts. The tax ...
Taxpayers take note! Income Tax department recovers Rs 37,000 crore from individuals not filing returns despite taxable income
The Income Tax Department has recovered Rs 37,000 crore over the past 20 months from individuals who failed to file returns ...
After backing Trump, low-income voters hope he doesn’t slash their benefits
Network exit polls suggest Donald Trump erased the advantage Democrats had with low-income voters across the country.
Tax evaders: Centre says surveys being conducted to identify evaders under Income Tax Act
In the Lok Sabha, MP Arun Kumar Sagar posed a series of inquiries to the Ministry of Finance regarding the government's ...
Vivad Se Vishwas Scheme 2024: Income Tax department releases new FAQs
Under Section 89 of the Direct Tax Vivad Se Vishwas Scheme, 2024 (DTVSV Scheme, 2024), outlined in Chapter IV of the Finance ...