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"taxpayers"

  • CMC announces 5% discount for advance property tax payments

    The Cyberabad Municipal Corporation (CMC) has urged taxpayers within its limits to pay property tax in advance for the financial year 2026-27 under its early-bird scheme.
  • This is taxpayers’ money: Supreme Court raps freebies culture

    The Supreme Court criticised the freebies culture ahead of elections, warning that indiscriminate subsidies burden taxpayers and hurt development. While backing welfare for the poor, the court said states must revisit populist policies and maintain fiscal discipline
  • Excel utility for ITR-1, ITR-4 now available. Taxpayers can start filing income tax returns

    The ITR-1 and ITR-4 forms are filed by individuals, HUFs and entities with total income up to Rs 50 lakh a year and who do not have to get their accounts audited
  • New income tax Bill aims at simplification and reader-friendliness

    The Income Tax Bill, 2025, which is likely to be introduced in Parliament on Thursday will come into effect from April 1, 2026
  • Govt coming up with sweeping reforms in new I-T Bill, say sources

    Bill to be tabled in Parliament on Feb 6 to overhaul entire tax system; changes aimed at making the filing of IT returns common man friendly
  • Over 5 crore ITRs filed for 2022-23 fiscal so far

    Over 5 crore tax returns have been filed for income earned in the 2022-23 fiscal, which ended March 31
  • Govt urges taxpayers to file returns as July 31 deadline won’t be extended

    The government has urged the taxpayers to file their income tax returns before July 31, 2023 to avoid the last minute rush
  • ‘Marginal relief’ to taxpayers under tax regime

    The Finance Bill 2023, passed by the Lok Sabha on Friday, has proposed a marginal relief to taxpayers under new tax regime
  • Union Budget: Salaried class have nothing to cheer

    Hyderabad: There is nothing for the common man, particularly the salaried class. There have been no tax exemptions, deductions or tax proposals that can help employees save tax. These expectations stemmed from the rising cost of living and also higher Covid-related spend. Also, there have been many concerns related to work-from-home, which many hoped will […]
  • IT Dept to launch new e-filing portal for taxpayers on Jun 7

    The existing web portal will be shut for six days between June 1-6.
  • Vivad Se Vishwas scheme: Govt extends time for payment

    The deadline for filing declaration under the scheme ended on March 31.
  • I-T refunds of over Rs 2.62 lakh cr issued in FY21

    The refunds issued in 2020-21 marks an increase of almost 43.2 per cent, the I-T department said in a statement.
  • Stock markets received Budget with positivity: Nirmala Sitharaman

    She said the Budget, which was presented in Parliament on February 1, has set the tone for greater play of the private sector, gave space for entrepreneurship
  • Govt has clear divestment strategy: Nirmala Sitharaman

    We can ensure that taxpayer money is spent wisely, says Finance Minister.
  • Over 4.23 crore ITRs for fiscal 2019-20 filed till Dec 27

    The deadline to file Income Tax Returns (ITRs) by individual taxpayers for 2019-20 fiscal (Assessment Year 2020-21) ends on December 31, 2020, while the same for taxpayers whose accounts require to be audited is January 31, 2021.
  • GST-registered small biz to file 4 sales returns in a year from Jan

    From January onwards, small taxpayers would need to file only eight returns (four GSTR-3B and four GSTR-1 returns) in a year, one of the sources said.

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