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 CBDT asked I-T investigation agencies to compile data on properties with Completion or Occupation Certificates for ...

The CTA held that pursuant to the Tax Code and the PH-NL Tax Treaty, income earned from treasury bonds is exempt from taxes. Hence, any tax paid in relation to said interest income is deemed ...

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 ...

Staying on top of income tax deadlines is essential to avoid penalties and ensure seamless financial management. For ...

If you fail to pay taxes on time, it might lead to penalties as well as many problems. Being aware of income tax deadlines ...