If you are still waiting to file your ITR and are confused about how to go about it, read our step-by-step guide on how to e-file your ITR.
In September, the deadline for filing the income tax return was extended to December 31. This was the second instance when the deadline was extended.
Income tax refunds worth Rs 36,000 crore have been issued in approx 97.1 lakh cases and corporate tax refunds worth Rs 79,917 crore have been issued in 1.77 lakh cases.
Tax collection growth benefitted from robust advance taxes amid a formalisation of the economy. Corporation tax, CGST, customs and excise duty collections exceeded 50 per cent of the FY2022 Budget Estimate in the first half of the year.
Additionally, income tax refunds of Rs 27,965 crore have been in approx 76.2 lakh cases. Corporate tax refunds of Rs 74, 987 crores have been issued in about 1.70 lakh cases.
Track the status of your income tax refund, and cross-check the details you submitted to the income tax department.
“Taxpayers should pay extra attention to savings bank Interest, gifts coming into the bank account, any large sum from the sale of capital assets to match with the IT return,” says Suneel Dasari, founder, CEO @ EZTax.in, an online income tax filing portal.
Beneath the glossy sheen of an up-and-coming economy - the dreams and aspirations of many an Indian have been diminished over the decade. Several, just forced to barely survive.
During the month of September, on an average more than 15 lakh unique taxpayers logged into the portal on a daily basis, as per Infosys
Bollywood actor Sonu Sood has been allegedly implicated for irregularities in tax by the IT department. The amount said is over Rs 20 Crores.
The finance ministry summoned Infosys CEO Salil Parekh over continued snags in India's new electronic tax filing portal
The company said the portal is live now after Finance Ministry ‘summoned’ Infosys MD and CEO Salil Parekh to explain the reasons for continued glitches even after over two months of launch.
Between January 2019 to June 2021, the government has paid Rs 164.5 crore to Infosys for developing the portal.
Taxpayers, here’s an important update for you if you are filing ITR this year before September 30. Check details:
Income Tax Return Latest Update: The CBDT has granted relaxation in the electronic filing of various forms under the Income-tax Act,1961 in the filing of forms online on the new e-filing portal
The minister was responding to a question on the opposition Congress' allegation that the raids were intended to throttle the voice of democracy.
The searches are being conducted in Bhopal, Jaipur, Ahmedabad and some other locations in the country.
Users have flooded Finance Minister Nirmala Sitharaman's Twitter timeline with complaints
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.