The income tax department on Friday said taxpayers can claim credit for taxes paid outside India before the end of the assessment year if the I-T return is filed within the stipulated deadline. So fa...

Tax collected on the income of companies surged 34 per cent in the first four months of the current fiscal, indicating that a simplified tax regime with low rates is yielding results, the income tax d...

Income tax payers will not be allowed to enrol in the government's social security scheme Atal Pension Yojana (APY) from October 1. The finance ministry on Thursday said the move is to ensure bet...

The Congress and the Shiv Sena on Wednesday tried to raise the issue of alleged misuse of central investigating agencies by the government in the Rajya Sabha but Chairman M Venkaiah Naidu disallowed t...

The Income Tax department has reduced the time limit for e-verification or hard copy submission of the ITR-V, post filing of returns by taxpayers, from the current 120 days to 30 days, beginning Augus...

Prompt redressal of taxpayers' grievances remains the top priority for the tax department, the newly appointed chairman of Central Board of Direct Taxes (CBDT) Nitin Gupta said on Sunday. In his ...

Amid the political crisis in Maharashtra triggered by a rebellion by a large section of Shiv Sena MLAs, who are currently camping in Assam, the NCP on Saturday sought to know who was paying the bills ...

Tax2Win, an online assisted income tax return filing service provider, expects  about four times growth in returns filed on the platform in the next couple of years as the amount of disclosures m...

The Income Tax Department's new-look tax return filing portal, developed by Infosys, again developed snags on Tuesday - a day that marked the first anniversary of its unveiling. The portal, which...

A visit by India’s income tax authorities to the offices of motorcycle maker Hero Motocorp Ltd and the home of its chief executive, Pawan Munjal, on Wednesday was part of a “routine inquir...