Income Tax

Income-Tax Clearance Certificate Needed…: Centre’s Clarification

Income-Tax Clearance Certificate (ITCC) | Aug 21, 2024

The Ministry of Finance issued a clarification on Tuesday to address the recent misinformation surrounding the need for an Income-Tax..

No Income Tax Burden In This Indian State. Find Out Why

Business | Jul 28, 2024

Article 371(F) of the Indian Constitution gives special status to its residents to be exempted from payment of income tax.

Budget 2024: Centre Revises Income Tax Slabs, Standard Tax Deduction Raised To Rs 75,000

Budget 2024 | Jul 23, 2024

While presenting the Union Budget 2024, Sitharaman said that the revised tax regime could potentially help t..

Govt Mulls Income Tax Cuts To Stimulate Consumption: Report

Business | Jun 18, 2024

A post-election survey highlighted voter concerns about inflation, unemployment, and declining incomes

Government Plans To Decriminalise Minor IT Offences In 100 Days: Report

Income Tax | Jun 11, 2024

The Government is looking at compounding the offences so that there is no prosecution for minor offences, only penalty.

No Recovery Of Rs 3,500 Crore Tax Dues From Congress Until Election End: Centre Assures Supreme Court

Elections | Apr 01, 2024

The central government has assured the Supreme Court that it will not take any measures to recover alleged income tax dues of about R..

Will Not Be Cowed Down: Congress Leader P Chidambaram On BJP's ‘Tax Terrorism’

Elections | Mar 30, 2024

Amidst the accusations of the BJP freezing the bank accounts of Congress, party leader P Chidambaram has wei..

Rahul Gandhi Guarantees To Take Action Against Those Who Destroy Democracy Amid IT Notice

Elections | Mar 29, 2024

Following the Rs 1,800 crore income tax notice served to Congress, party leader Rahul Gandhi promised to tak..

“Tax Terrorism”: Congress Accuses BJP Of Launching Premediated Attacks Ahead Of Elections

Elections | Mar 29, 2024

Responding to the Income Tax Department’s fresh notice of Rs 1700 crore, the Congress party has accused the..

I-T Serves Rs 1700 Crore Notice On Congress

Elections | Mar 29, 2024

The Income Tax (I-T) Department has served  Rs 1700 crore notice on Congress party. It came soon after Delhi..

After Presser On Frozen Bank Accounts, Congress Can Finally Access Them

Elections | Feb 16, 2024

The Congress today attacked the BJP-led central government after the party’s bank accounts, including those..

“Retain Same Tax Rates…”: Finance Minister Says No Change In Tax Rates

Business | Feb 01, 2024

Finance Minister Nirmala Sitharaman, while presenting the interim Budget 2024, announced that the government will retain the same tax..