Over 12.50 lakh taxpayers have completed registration for online income tax return filing using the e-return option of ...

By Sanjeewa Jayaweera The Inland Revenue Department (IRD) has decided that compliant taxpayers who submit their Return of ...

The central government told the lower house of Parliament on Monday that no proposal on income tax relief to senior citizens ...

The government reviews interest rates of small savings schemes quarterly. Here is a list of small savings schemes offering interest rates between 7.5% and 8.2% for October - December 2024.

This new section 194 stipulates that 20% tax is to be deducted at source from 01.04.2025 if the same exceeds Rs. 20,000/- in a year from the interest, salary, bonus commission etc., payable to the ...

State of Gujarat & Ors., the Gujarat High Court addressed a petition filed by the legal heir of a deceased director ...

In a significant breach of the Right to Education (RTE) scheme, 140 parents in Ahmedabad have been found using fraudulent income certificates ... such as income tax returns. When questioned ...

THE Bureau of Internal Revenue (BIR) has excluded nonprofit groups from the validity period of the Certificate of Tax Exemption (CTE) issued to corporations and entities in the Philippines. Based on ...

Central government pensioners aged 80 and above must submit their Jeevan Pramaan life certificate by November 30 to continue ...

Public Provident Fund has been offering an interest of 7.1 percent per annum with effect from Jan 1, 2024. The minimum ...

THE Bureau of Internal Revenue (BIR) has waived the fees charged for applicants for scholarships and job or livelihood programs. Revenue Memorandum Circular (RMC) 127-2024 issued on November 18 ...

If you missed disclosing foreign income or assets in your income tax return (ITR), you can revise it by December 31.