Taxpayers may receive various types of income tax notices, but not all of them apply to individuals. If there are errors in ...

Chhattisgarh High Court dismissed a writ petition filed by Lucent Iron and Steel Traders, challenging a GST demand arising ...

President’s Rule has been imposed in Manipur as the Bharatiya Janata Party ( BJP ) failed to appoint a new chief minister following N Biren Singh’s resignation. The decision follows the expiration of ...

Income Tax Notice makes even the best of people sweat. If you suddenly receive an Income Tax notice one day, it can be a big ...

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The petitioner argued that on receipt of notice under section 139 of the Act, he had submitted his income tax returns. Since there was a delay in filing the returns a penalty was levied which was ...

Budget 2025 income tax: Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised income tax slabs, and increased rebate ...

One of the centrepieces of the NDA government’s tax policy was the sharp cut in corporate income tax rates done in September 2019. While the idea was to bring down the tax liability and ...

The announcement of Nil tax for those with taxable income of up to Rs 12 lakh has brought cheer to all who fall in that category. However, many who are marginally above that ceiling will end up taking ...

The government has revised the tax structure under the new regime with Finance Minister Nirmala Sitharaman announcing that those earning up to Rs 12 lakh annually won't have to pay any income tax.

Chhattisgarh Chief Minister ... Sai remarked on the difference in tax policies, noting that previously, taxes were imposed on incomes as low as Rs 2 lakh, whereas the latest budget exempts income up ...