Showing results for "#Income tax"
Govt to exceed FY25 direct tax collection target: CBDT chief
The tax department is in the process of sending SMS and emails to those assessees who have not disclosed high-value assets.
HC refuses to quash IT order to transfer jurisdiction of tax evasion...
The petition was moved by Suvail Real Properties, represented by Leema Rose and Daisy Aadhav Arjuna, seeking to quash the notification issued by the...
BJP-led government has significantly liberalised income tax slabs,...
"Standard deduction for salaries employees has also been increased from Rs 50000 to Rs 75000 in the new regime in this budget. This is an effective...
New record of over 7.28 cr income-tax returns filed: Tax dept
The total number of ITRs for assessment year 2024-25 filed till July 31, 2024 is more than 7.28 crore, which is 7.5 per cent higher than the total...
200 pc increase in tax payers base in last 10 years: TN Governor Ravi
Income Tax is like fuel for an engine. That is something that the nation needs very much. Since 2014, various schemes have been introduced for...
Budget a missed opportunity for economic reforms: TNCCI
The budget announced a reduction in income tax rates, the benefits remain negligible for most taxpayers, N Jegatheesan, president, Tamil Nadu Chamber...
Budget 2024: Personal income tax slabs, standard deductions revised...
Because of the changes, salaried individuals stand to save up to ₹17,500 in income taxes, Finance Minister Nirmala Sitharaman stated, adding standard...
Relief for salaried class under new tax regime; 50 pc hike in standard...
She said salaried employees in the new tax regime could save up to Rs 17,500 in income tax annually following the changes announced in the Budget.