New Tax Regime: Consider These Deductions For Optimal Savings

New Delhi: As the financial year 2023-24 draws to a close, investors are on the lookout for…

5 Must-Do Financial Tasks Before March 31

New Delhi: On the calendar of every taxpayer, March 31 is a significant occasion as the fiscal…

Explainer: Should Ultra Rich Pay Higher Tax? Check Why This Topic Is Gaining Momentum

New Delhi: The question of whether wealthy individuals should pay higher taxes has received a lot of…

ITR Filing 2024: How To Maximise Tax Savings With EPF Contributions – News18

Last Updated: March 22, 2024, 09:53 IST In the EPF scheme, employees need to contribute 12%…

Tax-saving FD vs Post Office Time Deposit: Which One Offers Maximum Return? – News18

Last Updated: March 19, 2024, 11:34 IST Taxpayers need to be well-informed and proactive in leveraging…

Got Notice For Mismatch Of Transaction Amount Shown In ITR? Income Tax Department Offers Solution For Taxpayers

New Delhi: The Income Tax Department has said that it has identified certain mismatches between third…

Want To Save Money On Taxed Income? Check THESE 5 Tax-Saving Instrument

New Delhi: Saving money on taxes doesn’t have to be difficult. By making smart investments in tax-saving…

Tax Season Is Here! Know Difference Between Income Tax (ITR) Return And TDS

New Delhi: As income tax season approaches, we need to understand the concept of taxation. Among the…

56 lakh updated ITRs filed, Rs 4,600 crore taxes collected in two years: CBDT

Image Source : PIXABAY Filing tax returns The income tax department has collected around Rs 4,600…

Direct tax to GDP ratio climbs to 6.11% in F.Y. 2022-23: CBDT releases comprehensive data

Net direct tax collections surged by 160.52% from Rs. 6,38,596 crore in F.Y. 2013–14 to Rs.…