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Complete following tasks before March 31 to avoid penalties
Linking PAN with Aadhaar, paying advance tax arrears and submission of tax savings proofs important
Budget 2023: Bibek Debroy hopes to move towards exemption-less tax...
India’s upcoming Union Budget should hopefully incentivize taxpayers to move towards an exemption-less direct tax system, which would increase...
ONGC Q2 profit tumbles 30% on windfall tax woes
Net profit fell despite the company's gross billing for crude oil it produced soaring 37.7% to $95.49 per barrel in July-September from $69.36 a...
I-T dept committees on high-pitched assessments to submit report in...
The 'local committees' formed to deal with taxpayers' grievances arising out of 'high-pitched' scrutiny assessments shall submit their report within...
Selling home? Know about capital gain tax
No exemption can be claimed if a residential property is purchased outside India
Gross direct tax collections rise Rs 8.36 lakh crore in FY 23
The central government's gross direct tax collections have grown 30 per cent to Rs 8,36,225 crore in the Financial Year 2022-23, the Ministry of...
Frequent tinkering of windfall tax creates uncertainty: Experts
India is not the only country to implement the windfall tax on domestic fuel but frequent tinkering with the tax rates creates uncertainty, said...
Taxpayers may get more time to file ITR after problem in ITR-2...
After extending the due date of filing Income Tax Return (ITR) by months in the last two assessment years – mainly due to the COVID-19 pandemic – the...