Income Tax Department employees to hold day-long strike today; over 50,000 officers and staff to participate

Over 50,000 employees of the Income Tax Department will go on a day-long countrywide strike on Thursday to press for their service-related demands.

Income Tax dept strike

CBDT simplifies procedure for filling 15G, 15H forms

CBDT has simplified the procedure for filing of self declaration by individuals in 15G and 15H forms, allowing them to do it electronically.

People with Rs 400,000 income, mofussil residents on Income-Tax Dept radar: CBDT

Those earning Rs 400,000 lakh per annum, besides people in tier-II and tier-III cities with taxable income but not paying taxes are on the radar of the Income-Tax Department...

income tax

CBDT to issue pre-filled Income Tax Returns form to ease e-filing

As part of efforts to popularise the electronic mode of filing Income Tax Returns (ITRs), the CBDT is planning to provide "pre-filled" return forms to filers which will have an automatic upload of data on income and other vit

Income Tax Returns forms

Income-Tax Dept to catch hold of black money holders after September 30: CBDT chief

All "consequences" of law will follow and the taxman will go after black money hoarders who do not declare their illegal funds before the expiry of a one-time 90-day 'compliance window' on September 30, the CBDT chief warned

black money

CBDT asks officials not to pursue pending MAT cases

Days after the government decided to exempt foreign funds from tax on profits earned before April 1, the CBDT today issued a circular asking its fields officers to keep in abeyance pending assessments and not to recover any o


CBDT to clarify on bank a/c disclosures under black money law

Finance Ministry in the second set of FAQs on the black money compliance window is likely to clarify on the period for which foreign bank account details have to be provided.

Black money

Black money compliance window: Declaration of overseas stash can be done online

Those wanting to utilise the recently notified one-time black money compliance window can also use the e-filing facility of the tax department to declare their foreign-based untaxed assets.

black money

All I-T refunds to be put directly in bank accounts: CBDT

The Income Tax department has put in motion a new plan which will ensure that any refund on tax paid is safely deposited in their personal bank account as soon as it is processed and released.

income tax department
Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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