Income tax is levied by the Government of India on the income of every person. The provisions governing the Income Tax are covered in the Income Tax Act, 1961. NEW DELHI: The Income Tax Department has introduced the ‘e-Pay Tax’ feature on its official online portal to facilitate the taxpayers by easing various processes, according […]
All suggestions should clearly specify the relevant provision of the Income-tax Rules, 1962 (including the specific section, sub-section, clause, rule, sub-rule, or form number) to which the recommendation pertains under the aforementioned four categories. NEW DELHI: The Central Board of Direct Taxes (CBDT) has invited stakeholder inputs on the Income Tax Rules and Forms in […]
The 31-member select committee is headed by BJP MP Baijayant Panda. NEW DELHI: A meeting of the Select Committee of the Lok Sabha, under the chairmanship of Bharatiya Janata Party MP Baijayant Panda, to examine the Income-Tax Bill 2025 is underway at the Parliament House Annexe in New Delhi. In Thursday’s meeting, the committee has […]