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Govt. Clarifies Tax Exemption for STs, No New Proposals

  06 Dec 2024   0 comment
Govt. confirms no changes to the process of tax exemptions for STs in Meghalaya, clarifying no certificates are needed to claim exemptions under Section 10(26)....
Posted Under: Income Tax |

CBI Arrests Two Income Tax Employees in Bribery Case

  06 Dec 2024   0 comment
CBI arrests two Income Tax employees in Silchar for accepting Rs. 4,000 bribe as part of a Rs. 10,000 demand for PAN card closure. Investigation continues....
Posted Under: Income Tax |

Women Income Tax Filers in India: State-wise Data

  28 Nov 2024   0 comment
State-wise details of women income tax filers from 2019 to 2024 show a steady increase in participation across India....
Posted Under: Income Tax |

KSCAA Representation on CPC Processing Errors

  27 Nov 2024   0 comment
KSCAA raises concerns over errors in CPC processing of returns and defective notices, requesting corrective actions for smoother taxpayer compliance....
Posted Under: Income Tax | ,

Updated List of 29 Banks For Income Tax Payments on e-Filing Portal

  27 Nov 2024   4 comments
Comprehensive list of 29 banks available at the e-Filing Portal's e-Pay Tax service. Find out the new and migrated banks, along with the respective dates of enablement. Simplify your tax payments with these trusted banking options....
Posted Under: Income Tax |

PAN 2.0 Project: CCEA Approval for Unified PAN/TAN Services

  27 Nov 2024   0 comment
The PAN 2.0 Project simplifies PAN/TAN management with a unified platform, paperless processes, and faster services. Approved by CCEA on Nov 25, 2024....
Posted Under: Income Tax |

Cabinet Approves PAN 2.0 Project for Taxpayer Services

  26 Nov 2024   0 comment
Cabinet approves PAN 2.0 project to enhance taxpayer registration services through technology-driven transformation, improving service quality and digital integration....
Posted Under: Income Tax |

Understanding CRS & FATCA for Foreign Income Reporting

  14 Nov 2024   0 comment
Learn how CRS and FATCA enhance tax transparency, requiring foreign asset disclosure in India. Avoid penalties with complete, accurate income reporting....
Posted Under: Income Tax |

Direct Tax Collections Update FY 2024-25 as of Nov 10

  12 Nov 2024   0 comment
Direct tax collections for FY 2024-25 have risen 21.2% gross, with a 15.41% net growth compared to the previous year, reflecting corporate and non-corporate gains....
Posted Under: Income Tax |

CBI Chargesheet Filed Against Principal Income Tax Commissioner in Bribery

  30 Oct 2024   0 comment
CBI files chargesheet against Principal Commissioner of Income Tax and four others in a Rs 10 lakh bribery case. Investigation details included....
Posted Under: Income Tax |

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