LAST DATE FOR FILING INCOME TAX EXTENDED UP TO AUGUST 4th. ADMIN 8:05 AM 1 comments The Central Board of Direct Taxes (CBDT) has decided to extend the due date of filing of income tax (I-T) returns to August 4 from July 31. ...
'Tax offences can be criminal only in cases of illegal income' ADMIN 7:34 AM 0 comments Amid reports that the government is planning to make tax evasion a criminal offence, a finance ministry official today said it could be done...
Education Cess and Secondary and Higher Education Cess – reg. ADMIN 10:05 AM 0 comments Circular No. 134 /3 / 2011 – ST F.No.354/42/2011-TRU Government of India Ministry of Finance Department of Revenue Central Board of Exc...
No filing of tax returns if salary is only income ADMIN 9:49 AM 0 comments New Delhi, Feb 28 (PTI) In a big relief from cumbersome tax filing process for the salaried class, Finance Minister Pranab Mukherjee today p...
Raise income tax exemption limit to Rs 3 lakh: Survey ADMIN 8:00 AM 0 comments NEW DELHI: The government must increase the personal income tax exemption limit to at least Rs 3 lakh from Rs 1.6 lakh at present in the upc...