Income Tax

Mumbai: Comedian Kapil Sharma expressed his frustration in a recent episode of ‘The Kapil Sharma Show’ over having to pay a large amount of income tax. During a recent episode of the show he spoke about his income tax where he revealed…
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New Delhi: The Income Tax Department has carried out search and seizure operations in the case of a group involved in the manufacturing and trading of steel products with premises in and around Rourkela, Odisha. An official statement…
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Washington: US President Donald Trump did not pay his income tax for 10 of the 15 years before the 2016 election, and only $750 the year he ran for the presidency and in his first year in the White House, a media report has revealed. The…
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Bhubaneswar: Yes, you have read rightly, you have to pay tax even if your taxable income is below the taxation limit. People whose declared income and expenses do not match, they are sure to be caught. The government's motive behind…
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New Delhi: In what could be considered as good news for the taxpayers, the Central Board of Direct Taxes (CBDT) on Monday permitted more time to people who have filed tax returns electronically in the last five years but have not completed…
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New Delhi, May 13 (IANS) In a move to provide more scope for Indian companies, including MSMEs, the Centre has decided to disallow gobal firms from participating in government procurement tenders up to Rs 200 crore. Speaking to the media…
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Chennai: The Central government has extended the validity of Forms 15G and 15H submitted by fixed deposit holders during fiscal 2019-20, till June 30, a senior official of the All India Bank Employees' Association (AIBEA) said on Saturday.…
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New Delhi: Union Finance Minister Piyush Goyal on Friday proposed a full tax rebate for individuals with income up to Rs. 5 lakh. “Individual taxpayers having taxable annual income up to Rs 5 lakh will get full tax rebate and therefore…
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KalingaTV News Network New Delhi: The Central Board of Direct Taxes (CBDT) has extended the deadline for the PAN- Aadhaar linking to June 30. The policy-making body of the tax department issued an order yesterday extending the…
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Bhubaneswar:  The ruling BJD on Monday announced it would knock on the doors of the court against some leaders of the state BJP and a particular English news channel over the dubious funding allegation leveled against the BJD. Terming…
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