Income Tax Department Recruitment 2025: The deadline for application form submission is February 3. The Income Tax Department is currently hiring for the position of Assistant Director (Systems).

You can calculate your income tax using the Tax Calculator on the Income Tax department's official website. Here are the steps you should follow:- Step 1: Go to the e-filing home page. Step 2 ...

In an email, department officials said the transition to a new business portal known as MyTaxes "will indirectly affect individual income tax filers." The switchover to the new system is expected ...

The Income Tax Department has called upon entrepreneurs to make maximum use of the ‘Vivad Se Vishwas Scheme’ by depositing taxes till January 31. An appeal was made by Dr Rishi Kumar ...

The Income Tax Department received over 6,500 suggestions from stakeholders, focusing on language simplification, compliance reduction, litigation minimisation, and removing redundant provisions.

The income tax department has adopted a more participative approach and is no longer an adversarial department, said CBDT chairman Ravi Agrawal at a FICCI event on Monday. Highlighting the ...

Income Tax filing ... year 70% of aggregate of tax and interest payable on additional income disclosed in the updated ITR Download Form ITR-U from the Income Tax Department’s website.

Mumbai: The Central Bureau of Investigation (CBI) has registered a case against One Deputy Commissioner (IRS)(IT) & two Inspectors of Income Tax Department, five Chartered Accountants and one ...

In July 2024, the government announced a review of the Income-tax Act, 1961, aiming to simplify it for taxpayers. A KPMG ...

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...

He speaks about the new tax regime, complex provisions that exist in the law and his expectations from the new Income Tax Law which will be introduced in the Parliament soon. He lauds Budget 2025 ...

Age Your standard deduction: $14,600 A fixed dollar amount based on your income and tax filing status that reduces the amount you’re taxed on. Consider it tax-free income that you keep before ...