The new e-filing link — www.incometax.gov.in — will replace the existing 'http://existing www.incometaxindiaefiling.gov.in' from June 7
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:
CBDT said this move is aimed at mitigating ‘the difficulties being faced by various stakeholders’ amid the Covid-19 pandemic.
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.
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’.
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.
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.
Here is a list of all financial tasks which need to be performed by taxpayers before March 31.
The action was carried out on February 26, which found that the transactions to the extent of 50 per cent were out of books
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%.
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
Niramala Sithraman also said that income tax return filers increased to 6.48 crore in 2020 from 3.31 crore in 2014.
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.
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.
The deadline to file I-T returns by individual taxpayers for 2019-20 fiscal (AY 2020-21) ends on December 31, 2020.
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
'Tax terrorism was a common refrain during past governments. The nation has left that behind and moved towards tax transparency,' PM Modi said.
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.
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.