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HC quashes tax notices to Prannoy Roy, wife; imposes cost on I-T department

The Delhi high court on Monday quashed the 2016 income tax notices to NDTV founders Prannoy Roy and Radhika Roy and asked the department to pay Rs 1 lakh to each of them as token cost. IMAGE: NDTV......

SC seeks Centre's response on plea against anonymous political donations

The Supreme Court on Monday sought responses from the Centre and others on a plea which challenged the validity of a provision of the Income Tax Act that allows political parties to receive......

Live selfie, location lock: India tightens KYC rules for crypto exchanges

In an effort to eliminate illegal activity in the digital asset market, India's Financial Intelligence Unit has unveiled stringent new Anti-Money Laundering and Know Your Customer protocols for......

Bhupesh Baghel's son Chaitanya released from jail

A day after the Chhattisgarh high court granted him bail in two cases linked to the alleged liquor scam, Chaitanya Baghel, son of senior Congress leader and former chief minister Bhupesh Baghel,......

UP shopkeeper stunned by Rs 141 crore tax notice

A small grocery store owner in Bulandshahr has alleged that his PAN card was misused to set up six companies in Delhi after he received a notice from the Income Tax Department over sales worth more......

Personal income tax rises to Rs 5.7 trillion

'Personal income tax collections have been high on account of impressive advance tax mop-up.'Dilasha Seth reports. Photograph: Illustration: Dominic Xavier/Rediff.com Reinforcing the......

285 Tweaks Proposed to Income Tax Bill

'The government, if it deems fit, will incorporate the changes in the Bill, take approval from the Cabinet before moving the bill for consideration and passage in the Lok Sabha.' Illustration:......

GST and income tax cuts to spark sustained growth

GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said.......

Personal income tax to GDP ratio rises to 2.94% in FY22

Personal income tax as a percentage of GDP has gone up from 2.11 per cent in 2014-15 to 2.94 per cent in 2021-22 fiscal, indicating that taxpayer base is widening as a result of the steps taken by......

These eight countries don't pay personal income tax

Come July, everyone is rushing to file their last minute tax returns. But, there are some nations, where people don't struggle with tax returns or any hassles related to taxes. That's right.......

Personal Income Tax

News for Personal Income Tax

HC quashes tax notices to Prannoy Roy, wife; imposes cost on I-T department

SC seeks Centre's response on plea against anonymous political donations

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Bhupesh Baghel's son Chaitanya released from jail

UP shopkeeper stunned by Rs 141 crore tax notice

Personal income tax rises to Rs 5.7 trillion

285 Tweaks Proposed to Income Tax Bill

GST and income tax cuts to spark sustained growth

Personal income tax to GDP ratio rises to 2.94% in FY22

These eight countries don't pay personal income tax

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