tax

Avoid Penalties: Income Tax Warning – Dec 31 Last Date for ITR!

29 Dec 2023

The Income Tax Department has issued a warning to taxpayers who missed the July 31 deadline to file their Income Tax Return (ITR) for the financial year 2022-23. Through a post on social media platform X, the department emphasized that these taxpayers must file the belated/revised ITR by December 31,...

Tax devolution of more than Rs 1.40 lakh crore to states

11 Mar 2023

The government on Friday released the 14 installment of tax devolution of more than Rs 1.40 lakh crore to states. Uttar Pradesh received the highest installment of Rs 24,783 crore among all states. As per data by the Controller General of Accounts, the Center has devolved Rs 6.68 lakh crore...

UDF MLAs protest against Kerala government over fuel tax

09 Feb 2023

The opposition Congress-led UDF MLAs on Thursday in Kerala protested against the government at the state Legislative Assembly for not withdrawing the fuel and alcohol taxes that were included in the budget. V D Satheesan, the leader of the opposition in the state assembly, organised a march of UDF legislators...

Industrialists’ reaction on Union Budget 2023

01 Feb 2023

Taxation, finance Amit Gupta, MD, SAG Infotech 45% of ITRs are completed within 24 hours, and the Common ITR form will be available soon. Furthermore, to enhance the IT grievance redressal mechanism, and to increase the presumptive taxes limitations at Sec 44AD - Rs.3 crore and Sec 44ADA - Rs.75...

«1 2

Advertisement · Scroll to continue