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Taxes-Direct & Income Tax

CBDT To Soon Launch New Income Tax E-Filing Website: All You Need To Know

Jun 07, 2021 Outlook Web Bureau

The new e-filing link — www.incometax.gov.in — will replace the existing 'http://existing www.incometaxindiaefiling.gov.in' from June 7

Income Tax Return Or ITR Filing Website Will Close From Today; Check Details

Jun 01, 2021 Outlook Web Bureau

The income tax return filing website will not be available for taxpayers for at least six days, starting from today. Here's what you should know:


Income Tax Return Or ITR For FY20 Can Be Filed Till May 31; Here’s How

CBDT said this move is aimed at mitigating ‘the difficulties being faced by various stakeholders’ amid the Covid-19 pandemic.

Net Direct Tax Mop Up Exceeds Revised Estimates At Rs 9.45 Lakh Crore In FY21

Apr 09, 2021 PTI

Central Board of Direct Taxes (CBDT) Chairman P C Mody on Friday said the income tax department has exceeded the revised estimates despite issuing substantial refunds in the 2020-21 fiscal.


Indian Workers' Salary In Gulf Exempt From Income Tax: Nirmala Sitharaman

Finance minister Nirmala Sitharaman said this in response to a tweet by TMC MP Mahua Moitra that Indian workers in the Gulf were being taxed ‘extra’.

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31 March, 2021

Amid Glitches In IT Website, Government Extends Deadline For PAN-Aadhaar Linkage Till June 30

Outlook Web Bureau

Failing to link your Aadhar with PAN by June 30, can make your PAN card inoperative and could also invite a penalty of Rs 1,000.


31 March, 2021

Deadline To Link PAN With Aadhar Extended To June 30; Here's How You Can Do It Online

Outlook Web Bureau

If you fail to link your PAN with your Aadhar by June 30, 2021, then your PAN will become inoperative and you could also be fined for Rs 1000.


18 March, 2021

Got Your PAN Linked To Aadhaar? Here Are Financial Deadlines Expiring On March 31

Outlook Web Bureau

Here is a list of all financial tasks which need to be performed by taxpayers before March 31.


28 February, 2021

Rs 220 Crore Black Income Detected As IT Dept Raids Tamil Nadu Based Company

Outlook Web Bureau

The action was carried out on February 26, which found that the transactions to the extent of 50 per cent were out of books


22 February, 2021

Union Budget 2021: Here's How New PF Rules May Impact You

Outlook Web Bureau

It is noticed that minimum 12% of an employee's performance wages and basic salary is compulsorily deducted as provident fund, while the employer contributes another 12%.


22 February, 2021

Next Generation Governance: Service-Oriented Administration (SOA)

Dr Jaijit Bhattacharya

Governments need to move from the current framework of a Tax Oriented Administration (TOA) to a Service Oriented Administration (SOA), wherein, a significant amount of government revenues come from services rendered rather than from taxes


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01 February, 2021

Union Budget 2021: Pensioners Above 75 Years Old To Be Exempted From Filing Tax Returns

Outlook Web Bureau

Niramala Sithraman also said that income tax return filers increased to 6.48 crore in 2020 from 3.31 crore in 2014.


25 January, 2021

Jaipur: Covid-Positive Income Tax Inspector Hangs Self After Being Sentenced In A Graft Case

Outlook Web Bureau

Income tax inspector Vinay Kumar Mangla died by suicide on Monday. He was recently sentenced to five years in prison in connection with a bribery case, officials said.


11 January, 2021

Transparent Taxation, Rights' Charter For Taxpayers: Intent Is Good But When This Will Get Implemented?

Shshank Saurav

A government’s role is not to bring out changes in law but to see if these changes are implemented in the way these were supposed to be.


25 December, 2020

3.97 Cr Taxpayers Filed For Income Tax Returns For 2019-20 Fiscal Till December 24

PTI

The deadline to file I-T returns by individual taxpayers for 2019-20 fiscal (AY 2020-21) ends on December 31, 2020.


16 November, 2020

SC Issues Notice To IT Dept In Connection With Tax Evasion Case Against Karti Chidambaram

PTI

The case relates to alleged non-disclosure of income amounting to Rs 6.38 crore by Karti and Rs 1.35 crore by his wife in 2015


11 November, 2020

India Has Shifted From Tax Terrorism To Tax Transparency: PM Modi

PTI

'Tax terrorism was a common refrain during past governments. The nation has left that behind and moved towards tax transparency,' PM Modi said.


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24 October, 2020

Income Tax Return Filing Deadline For FY20 Extended Till December 31

PTI

For those taxpayers whose accounts need to be audited, the Income-Tax Return filing deadline has been extended by two months till January 31, 2021.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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