Income tax india news
Web1 day ago · The time series data up to 2024-22 released by the Central Board of Direct Taxes (CBDT) showed India's gross direct tax collection rose 173% to Rs 19.7 lakh crore in 2024-23 from Rs 7.2 lakh crore ... WebNov 5, 2015 · Income Tax India @IncomeTaxIndia · Apr 3 ️Direct Tax collections (provisional) for FY2024-23 exceed the BE by ₹2.41 lakh crore i.e by 16.97% & RE by 0.69% …
Income tax india news
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WebJul 29, 2024 · More than 35 lakh ITRs were filed on Saturday (July 30, till 7 pm), according to the Tax department. “Some more statistics of Income Tax Returns filed today. 35,67,263 itrs have been filed up... WebFeb 14, 2024 · PREVIOUSLY: India’s income tax department is conducting searches of the BBC’s offices in the country’s capital New Delhi and in Mumbai. The raids may be connected to the BBC’s unfavorable ...
WebApr 12, 2024 · April marks the beginning of a new financial year, which is when usually new income tax laws come into effect. For the financial year 2024-24, the government has revised the income tax slabs under the new tax regime to make it more attractive in comparison to old tax regime.Further, many other benefits have also been brought under … Webe-Filing Home Page, Income Tax Department, Government of India. LOADING.
WebFeb 11, 2024 · Gross collection of tax on corporate and individual earnings jumped nearly 31 per cent so far in the current fiscal year to ₹ 10.54 lakh crore, the tax department said on Friday. Storing Gold... WebFeb 1, 2024 · The income tax slabs under the new tax regime has been reduced to five in FY 2024-24 from six. The basic exemption limit has been hiked to Rs.3 lakh from Rs.2.5 earlier under the new income tax regime. The amount of rebate under Section 87A has been enhanced under the new tax regime to taxable income of Rs 7 lakh.
Web1 day ago · In addition, family pensioners opting for the new tax regime can claim a standard deduction of Rs 15,000 from their pension income. Soni highlighted that the rebate under section 87A has been hiked to Rs 7 lakh from Rs 5 lakh under the new tax regime. The rebate benefit will be up to Rs 25,000, provided income doesn't exceed the limit of 7 lakh.
WebFeb 3, 2024 · Income Tax Slabs 2024: These are the new income tax slabs under the new tax regime 1. Up to Rs 3 lakh income there is 0% or NIL tax 2. From Rs 3 lakh to Rs 6 lakh the … tspsc group 4 syllabus english pdfWebIncome Tax News- Zee Business provides latest news on Income Tax, Income Tax news Today, Top News on Income Tax, update on Income Tax. Stay updated with business … tspsc group 4 patternWebMay 26, 2024 · Effective April 1, the tax will be imposed on interest earned on the contribution to Employees Provident Fund (EPF) if the amount is in excess of the threshold limit of INR 250,000 every year. This new rule is governed under section 9D of the Income-Tax Act. For the purpose of calculation, the contribution to the PF accounts up to INR … tspsc group 4 previous year question papersWeb1 day ago · Finance Minister Nirmala Sitharaman announced a revised new income tax regime effective April 1, 2024, which will also from now on be the default tax regime. The … tspsc group iphish decemberWebThe Income Tax Department on Tuesday conducted a survey operation at the BBC's offices in Delhi and Mumbai as part of an investigation into alleged tax evasion. Latest News India. phish deathWeb1 day ago · Step1. The Income Tax Act 1961 provides 2 basic conditions under section 6 (1) which are as follows. the person should reside in India for at least 182 days in the previous year. the person resides at least 60 or more days in the previous year and 365 days in the preceding 4 years. The assessee should comply with at least one condition to ... tspsc group iv