Sikkim is the only tax-free state in India, where residents are exempt from paying income tax due to a special provision in the Constitution.
PAN 2.0 is an upgraded, digital system that will make tax registration easier, with features like QR codes on PAN cards, and existing PAN cards will remain valid under the new scheme.
FM Nirmala Sitharaman unveils new income tax rates and deductions in Union Budget 2024, allowing annual choice between old and new regimes.
Income Tax raid on Boudh Distillery Pvt. Ltd., linked to Congress MP Dhiraj Sahu's relatives, seizes ?390 crore black money, setting a record for a single operation in India.
Look at the limit of cash to be kept and home and other important rules by the income tax department.
The Income Tax Department conducted a survey operation at the BBC’s offices in Delhi and Mumbai as part of an investigation into alleged tax evasion.
The income tax department gave a notice to a daily wage labourer living in Bihar’s Rohtas district asking him to pay ?14 crores.
In a recent case where a woman sought the income details of her husband by filing an RTI.
The family of an Income Tax department employee who died last year kept his body at home for almost 18 months assuming that he was in a coma.
Kanpur businessman Piyush Jain has been sent to jail after a prolonged 5 day-raid at his residence led to the recovery of over Rs 250 crore.
The Tax Department has seized properties worth over Rs. 1,000 crore linked to Maharashtra Deputy Chief Minister Ajit Pawar and his family members.
Actor Sonu Sood's offices in Mumbai and a company in Lucknow linked to him were raided by the Income Tax department. Watch our latest video to learn more.
In a major relief to taxpayers, the Central Board of Direct Taxes announced new Income Tax filing deadlines for FY 2020-21.
Deadline for PAN Aadhaar Link is 31st March 2021 and like previous occasions, this time there won’t be any extension.
Income Tax officials today raided properties linked to filmmaker Anurag Kashyap and actor Taapsee Pannu in Mumbai over alleged tax evasion.
The Indian government has extended the deadline income tax return filing has been extended from December 31 to January 10.
Now The Finance Ministry announced that the deadline for filing income tax returns (ITRs) has again been extended till December 31.
Kuldip Kumar sold his only source of income, his cow, to ensure his children could study. Watch our latest video for all the details.
A 25-year-old auto driver in Shahpur, Patna killed himself on 13th June evening after failing to find a steady source of income or provide food for his family.
The Ministry of Finance has decided to issue all pending income tax refunds up to Rs 5 lakh, immediately. Watch our latest video to learn all the details.
While waiting out the lockdown at home, now is a good time to finish pending tax work due to the postponement of all tax related deadlines. Watch our video to learn all the details.
Failure of linking of the PAN Card with the Aadhaar Card after March 31, 2020, will lead to a fine of Rs 10,000.
South Indian superstar Vijay, has been summoned by the Income tax authorities for questioning.
The Indian government on Tuesday 26th November, compulsorily retired 21 junior officers of the Income Tax Department.
A Kachori seller in Aligarh, Uttar Pradesh has a monthly income of Rs 60 lakh to Rs 1 crore.
Recently PM Modi forcibly retired 12 senior Income Tax officials. He has done this again. He has fired 15 senior customs officials
After being re-elected for the second time, within ten days of PM Modi coming to power, the finance ministry took a major step to clean up the Income Tax Department.
Auto driver owns 1.6 crore villa and officers find 7.9 crores in jewelry & property documents.
Prime Minister Modi claims that large scale corruption is going on at Tughlaq road. These claims were made amidst the background of Income Tax raids.
This year as per the Election Commission's rule, Lok Sabha Elections candidates Hema Malini and Raj Babbar have declared their Income tax returns for the last 5 years, foreign assets and their crimina
The Congress has created a new scheme called Nyuntam Aay Yojana (NYAY) or minimum income guarantee. President Rahul Gandhi announced that under this scheme, Congress has promised to provide 20% of th
The Election Commission Has decided that all political candidates taking part in the upcoming General Election have to declare Income Tax returns for the last five years. These details now be availabl
IT Department confiscates assets worth Rs 6,900 crore under Anti-Benami Law.