Taxpayers who filed their ITR for FY 2023-24, and paid more taxes than owed will receive refunds after processing by the ...

NPS Vatsalya is targeted at parents who want to secure their children’s financial future by creating a large corpus over the ...

The new tax framework aims to replace the current 1961 act, simplifying the tax process for individuals and businesses.

"Both Form 10F and the TRC must be submitted before the ITR filing deadline, which is usually by 31st July each year, unless ...

The problem is reportedly believed to have stemmed from a software error that resulted in TDS claims not being properly ...

This article explores the reasons behind the delays and offers guidance for taxpayers waiting on their refunds. A senior tax ...

One of the main objectives of e-DRS is to provide relief to small taxpayers. However, the scheme is available only to those ...

The Indian government's net direct tax collection rose 16% year-on-year to 9.96 trillion rupees ($119.07 billion) during ...

Professional tax, though considered a tax on income levied by state governments (not uniformly across all states), falls ...

An online portal for registration of private coaching centres in Patna will streamline the registration process for coaching ...

Income Tax dispute resolution: e-DRS system enables taxpayers to electronically submit applications for dispute resolution to ...

3. Over time, the Income Tax Act of 1961 replaced the earlier Act. With the amendment Act 42 of 1970, Section 143 (1) (a) was ...