Income tax offices to remain open on coming Saturday, Sunday and Eid – Know why The financial year ends on March 31 and before that most people complete their financial and tax-related activities every year.… By PF DeskMarch 28, 2025 15:02 IST
New Tax Rule: Govt to match your current ITR with previous year’s to find inconsistencies – Details here If you file Income Tax Return (ITR) every year, then you will need to be more cautious than before while… By Mithilesh JhaMarch 28, 2025 12:58 IST
Tax deadline 2025: Complete these 10 important financial tasks before 31 March 2025 Every year we get worried about tax saving and other important financial tasks at the last minute. So act fast… By PF DeskMarch 27, 2025 14:14 IST
Income tax rule changes from April 1: 10 major updates every taxpayer should know In Budget 2025, Finance Minister Nirmala Sitharaman announced several important changes to make the existing tax system simple and effective.… By PF DeskMarch 26, 2025 18:08 IST
Income Tax Return 2025: When will ITR filing start? Know the types of Forms and how to fill them online Filing ITR is not only a legal responsibility but also important for taxpayers’ financial health. It keeps a record of… By PF DeskMarch 25, 2025 13:46 IST
Tax sleuths to target undisclosed income only Govt proposes amendment to Finance Act 2025, clarifying search and seizure focus on undisclosed income, strengthening compliance and reducing tax… By FE BureauUpdated: March 25, 2025 11:33 IST
Personal Income Tax: Guess how much of govt’s direct tax revenue comes from you! In the financial year 2024-25 (till March 16, 2025), the government’s net direct tax collection reached Rs 21.26 lakh crore,… By PF DeskMarch 18, 2025 15:29 IST
March 2025 Tax Alert: Miss these deadlines and you could lose exemptions, face fines It is very important to follow the deadline for filing tax, otherwise you will not get the benefit of tax… By PF DeskMarch 18, 2025 11:50 IST
Advance tax alert! March 15 deadline nears – Are you liable to pay? Find out now Advance tax is the income tax that individuals and businesses have to pay in installments throughout the financial year, rather… By Mithilesh JhaMarch 12, 2025 21:37 IST
Income Tax crackdown! Donors to political parties under scanner – Are you on the list? According to reports, about 9,000 people donated Rs 5 lakh or more in the financial year 2020-21 and claimed tax… By Mithilesh JhaMarch 12, 2025 16:11 IST
Under tax radar due to high income and low withdrawals? Here’s how you can avoid tax investigation File all income like salary, rental income, capital gains, business income, interest and dividends correctly in your Income Tax Return… By Mithilesh JhaMarch 10, 2025 15:56 IST
Tax officials given more power than ever to raid, seize digital assets, attach properties – Details inside New Income Tax Bill: With this proposed law, which is expected to come into force from April 1, 2026, the… By Mithilesh JhaUpdated: March 8, 2025 14:48 IST
Can tax officials really ask you about daily rations and toiletries? Here’s what experts say According to reports, the Income Tax Department is asking taxpayers for full details of their monthly ration expenses, including the… By PF DeskMarch 7, 2025 18:54 IST
‘Assault on our rights…get a court order’, Mohandas Pai blasts rule allowing tax officials track e-mails, social media accounts Pai’s comments came in response to news reports suggesting the New Income Tax Bill has a provision that allows the… By PF DeskUpdated: March 6, 2025 13:23 IST
Major changes in TDS and TCS rules from April 1: Here’s all you need to know Major changes in TDS and TCS rules applicable from Apr 1, common taxpayers, traders to get relief By Mithilesh JhaMarch 5, 2025 19:46 IST
Income tax officials can access your email, social media accounts from next year: Report This new provision will come into effect under the proposed Income Tax Bill and will make the process of tax… By PF DeskMarch 4, 2025 14:42 IST
Form 16 and 24Q formats revised! New tax deduction rules you must know The CBDT circular has been issued on 20 February 2025, and it will be applicable to the tax returns of… By PF DeskFebruary 27, 2025 20:16 IST
India needs 1.2-1.5 tax buoyancy to achieve 6.5-7% growth: EY report The Central government will need to strengthen revenue mobilization, particularly by increasing the tax-to-GDP ratio from the estimated 12.0% in… By FE BureauFebruary 26, 2025 19:54 IST
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