The Bombay high court directed the Central Board of Direct Taxes (CBDT) to extend the date for e-filing of belated income tax returns for taxpayers...

The Bombay high court directed the Central Board of Direct Taxes (CBDT) to extend the date for e-filing of belated income tax returns for taxpayers...

The Income Tax Department has recovered Rs 37,000 crore over the past 20 months from individuals who failed to file returns despite significant...

The Income Tax Department has recovered Rs 37,000 crore over the past 20 months from individuals who failed to file returns despite significant...

The amendment proposed that non-filers would be banned from purchasing shares above a certain limit and opening a bank account.

This year a record of over 1.62 crore ITRs were processed in a single day for A.Y. 2024-25, according to the statement.

This year a record of over 1.62 crore ITRs were processed in a single day for A.Y. 2024-25, according to the statement.

In 1935, President Franklin Roosevelt created Social Security, an insurance contract between Americans and the federal government that pays out on...

India's tax department has clarified reporting rules for foreign income and assets. Non-disclosure invites hefty penalties under the Black Money Act,...

The Ventersdorp magistrate’s court has issued a warrant of arrest for John Christopher Conroy, director of CJC Precast, after his failure to appear...