Income Tax Department urges taxpayers to file revised or belated returns for AY 2025–26 by December 31 to avoid higher tax ...
The Income Tax Declaration Scheme is open for four months starting from June 1 to September 30, 2016. Representational Image. Image Source: Pixabay In an attempt to curb black money flowing into the ...
The year 2025 brought significant changes to India's income tax landscape, with Budget 2025 introducing beneficial hikes in ...
Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.
A tax is extortion, albeit of a legitimate kind. As is common with all extortions, the taxpayers on whom lies the uneasy obligation to pay employ various devices both within and outside the ambit of ...
The Government has eliminated the obligation for unemployed people who receive unemployment benefits to file their income tax ...
https://www.thehindubusinessline.com/economy/macro-economy/i-t-dept-eyes-25000-cases-under-nudge-campaign-for-declaration-of-foreign-assets-income/article70330353.ece ...