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income tax
Govt to probe violations by Sonia Gandhi headed Rajiv Gandhi Foundation and others, Home Ministry sets up committee
The committee will coordinate probe into violation of various legal provisions of PMLA, Income Tax Act, FCRA etc by these foundations. Special Director of Enforcement Directorate will head the committee.
Income Tax Department clarifies that PM Narendra Modi was correct when he said only 1.5 crore people pay income tax
To dispel false allegations against PM, the Income Tax department has clarified that only 1.5 crore people paid income tax
Did PM Modi actually claim only 2200 people declared income over 1 crore? Or some people just did not listen properly?
PM Modi mentioned that in a country of more than 130 crore people, only 1.5 crore people pay Income Tax. Even from the 1.5 crore people, the number of people announcing income of over 50 lakhs is just 3 lakhs.
Two Income Tax regimes with and without deductions, which one is better for you? A ready reckoner
A comparative analysis between the new tax regime without exemptions and old income tax regime with exemptions and deductions
Budget 2020: Dual tax regime, a complicated tax structure that may require professional help
Finance Minister Nirmala Sitharaman today announced a new dual regime of taxation for individuals and HUF (Hindu Undivided Family). This is first time in Income tax where such dual regime would be applicable.
Govt clarifies Income Tax for NRIs, says only those NRIs who are not residents of any country will be taxed in India
If any NRI is not a resident of any country in the world, he'll be deemed to be a resident of India for Income Tax
Budget 2020: Here is the list of exemptions that taxpayers will have to give up in the new optional tax regime
In the Budget 2020 speech, the FM announced a new optional tax regime for taxpayers of the country.
Budget 2020: Here is all you need to know about new optional personal tax regime where the govt foregoes Rs. 40,000 crores in revenue
Finance Minister Nirmala Sitharaman has proposed a new income tax regime for the country
A Taxpayer Charter will be enshrined into the laws, harassment of taxpayers will not be tolerated: Finance Minister during budget speech
Tax harassment can’t be tolerated when we are talking about citizens and wealth creators, FM said
Watch: Bundles of currency were showered from building during DRI raid in Kolkata
Officials from the DRI said a search in a private office of Hoque Merchantile Pvt Ltd, on that floor, was underway when the incident occurred.
