Income tax india latest news

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WebMar 30, 2024 · 1) New income tax regime to be default regime. Starting, 1 April 2024, the new income tax regime will act as the default tax regime. Tax assessors will still be able … WebJul 29, 2024 · More than 35 lakh ITRs were filed on Saturday (July 30, till 7 pm), according to the Tax department. “Some more statistics of Income Tax Returns filed today. 35,67,263 …

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WebJul 31, 2024 · Under the old income tax regime, the basic tax exemption limit stands at ₹ 2.5 lakh for taxpayers below 60 years of age. For people between 60 and 80 years of age, the … WebMar 27, 2024 · Latest News Year 01-Apr-2024 HDFC Bank, Punjab & Sind Bank and State Bank of India have been migrated from OLTAS e-Payment of Taxes at NSDL to e-Pay Tax … cytoseeing

New Income Tax Rules Effective in India from April 1, 2024

WebApr 12, 2024 · April marks the beginning of a new financial year, which is when usually new income tax laws come into effect. For the financial year 2024-24, the government has revised the income tax slabs under the new tax regime to make it more attractive in comparison to old tax regime.Further, many other benefits have also been brought under … WebThe Income Tax Department on Tuesday conducted a survey operation at the BBC's offices in Delhi and Mumbai as part of an investigation into alleged tax evasion. Latest News India WebMar 30, 2024 · The last date to file Income Tax Returns (ITR) for the financial year 2024-21 (AY 2024-22) has been extended multiple times---first from July 31 to September, then to December 31, and finally to ... bing edge daily search bonus mi

new income tax regime: Old vs new income tax regime for …

Web2 days ago · According to the IT probe, evidence has been gathered pertaining to the operation of the organisation during the survey, which indicates that “tax has not been … WebApr 5, 2024 · BBC Income Tax Survey: BBC ऑफिस में सामान्य हुआ कामकाज, इनकम टैक्स के अधिकारी दिल्ली, मुंबई कार्यालयों से निकले India.com Hindi News Desk February 17, 2024 8:12 AM IST BBC Income Tax... cytosectionsWebNov 5, 2015 · Pinned Tweet. ️Direct Tax collections (provisional) for FY2024-23 exceed the BE by ₹2.41 lakh crore i.e by 16.97% & RE by 0.69% ️Gross DT collections (provisional) … cytoscape的generate style from statistics

"WebJul 29, 2024 · ITR Filing AY2024-23: As the deadline to file income tax returns for assessment year 2024-23 is nearing, the pleas and demands to extend the same has been on the increase. Taxpayers have been trending hashtags, including #Extend_Due_Date_Immediately that has garnered over 5,000 posts now, and have been … " - Income tax india latest news

Income tax india latest news

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WebApr 13, 2024 · The Directorate General of GST Intelligence has served show cause notices to insurance intermediaries, including HDFC Bank, Go Digit Insurance, and Policybazaar, among others, for issuing fake invoices to claim input tax credit without providing any service. The investigation, initiated in 2024, has revealed an evasion of INR2,250 crore so far, with … WebFeb 11, 2024 · Get Latest news on Tax at NDTV Profit. Tax News headlines from India and around the World. NDTV Profit provides Tax breaking news, photo and Tax top news stories with video & photos.

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WebJul 31, 2024 · Income Tax Return filing: The Income Tax department on Saturday informed that over 5 crore Income Tax Returns (ITRs) have been filed for the assessment year 2024-23 up to 8.36 pm on its...

WebFeb 1, 2024 · Currently, a 5 per cent tax is levied on total income between Rs 2.5 lakh and Rs 5 lakh, 10 per cent on Rs 5 lakh to Rs 7.5 lakh, 15 per cent on Rs 7.5 lakh to Rs 10 lakh, 20 per cent on Rs 10 lakh to Rs 12.5 lakh, 25 per cent on Rs 12.5 lakh to Rs 15 lakh, and 30 per cent on above Rs 15 lakh. WebBudget 2024 Live Updates: The gross tax revenues have touched 65 per cent of the Budget estimates at ₹ 17.81 lakh crore during the first eight months of the current fiscal till November ...

WebMay 26, 2024 · Effective April 1, the tax will be imposed on interest earned on the contribution to Employees Provident Fund (EPF) if the amount is in excess of the threshold limit of INR 250,000 every year. This new rule is governed under section 9D of the Income-Tax Act. For the purpose of calculation, the contribution to the PF accounts up to INR … WebAug 24, 2024 · The income tax return (ITR) filing deadline for FY 2024-21 for individuals has already been extended to September 30, 2024, from the normal deadline of July 31, 2024. However, the new income tax e-filing portal has been marred by …

WebJul 31, 2024 · More than 5.5 crore Income tax Returns have been filed till 8 pm today for Financial Year 2024-22 (AY 2024-23), according to Tax Department's data. Today was the last date to file ITR for...

WebFeb 1, 2024 · By India Today Web Desk: In some good news for the salaried middle class chafing under inflation and rising cost of living, Finance Minister Nirmala Sitharaman announced a new tax regime under which she proposed to raise the tax exemption limit to Rs 3 lakh.. Under the new regime, there will be six tax slabs. She also proposed increasing … bing edge daily search bonus micrWebIncome Tax News- Zee Business provides latest news on Income Tax, Income Tax news Today, Top News on Income Tax, update on Income Tax. Stay updated with business news, breaking news headlines. ... India's direct tax collection exceeds Budget Estimates, grows over 17% to Rs 16.61 lakh crore Mon, April 3, 2024, 21:14 pm. bing edge extension rewardsWebJul 28, 2024 · 1 min read . Updated: 28 Jul 2024, 09:07 AM IST Sangeeta Ojha. The income tax department informed that till 26 July, more than 3.4 crore ITRs have been filed. The Centre seems adamant to not ... cytoselect 24 well invasion assayWeb8 hours ago · The deadline to link PAN and Aadhaar has been extended to June 30, 2024. If the two documents are not linked by this date, the PAN card will become invalid on July 1. … bing edge chatgptWebApr 12, 2024 · April marks the beginning of a new financial year, which is when usually new income tax laws come into effect. For the financial year 2024-24, the government has … bing edge differenceWebApr 5, 2024 · Income Tax News: Latest news on income tax in India. Know about Income Tax e filing, Income tax slabs, exemptions, Budget, calculate income tax, Income tax … a) Investing in tax-saving instruments. Under section 80C of the Income Tax Act, … ITR 1 is a simple form for resident individuals having total income up to Rs … Section 245 empowers the income tax authorities to adjust any previous year’s … “Section 54EC and Section 54GB of the Income-tax Act, 1961 (“the Act”) provide … The Finance Act 2024 introduced a new section 194R in the Income Tax Act for … bing edge context ai chatWeb2 days ago · ED’s probe is based on the findings of the Income Tax department, which had carried out a survey action at BBC offices in Delhi and Mumbai in February this year Latest News India cytoseeing 論文