The finance minister has announced an increase in the tax rebate under Section 87A to Rs 60,000 from Rs 25,000 under new tax ...

The Union Cabinet on Friday approved the Income Tax Bill, a move aimed at simplifying taxation for the common man.

In an interview to TOI, chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal says he is confident that direct ...

Income Tax raid: The Income Tax Department today (February 6) conducted raids at the premises of Congress MLA and former ...

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

The Income Tax Department has revoked The Reporter's Collective's non-profit status. As per the IT department, TRC's ...

Bombay High Court heard a petition filed by Hiralal H. Malu, the legal representative of his late wife, Shakuntala Malu, regarding the return of seized jewelry. The Income Tax Department had seized ...

India's finance ministry has proposed extending the deadline for updated tax returns from two to four years to encourage ...

You can calculate your income tax using the Tax Calculator on the Income Tax Department's official website ... "Today is an important milestone in India's development journey.

In order to make the Income Tax Act 1961 more concise and simpler the government is introducing a new income tax bill.

The IT department conducted raids on premises linked to the IIFL Group for suspected tax evasion. Major entities involved ...