Income Tax Department conducts raids all over India for false deduction under political donations: Sources

Jul 14, 2025

The Income Tax Department is conducting raids on more than 200 locations across India, in connection with false deductions of political donations, sources told...

Budget has given new incentives to taxpayers for filing tax returns under the new tax regime

Jul 24, 2024

Under the proposed provisions, if a salaried or a retired taxpayer chooses the new tax regime, he will now get a standard deduction of...

Maximize Your Savings Through Ujjivan Small Finance Bank's Tax Saving Fixed Deposit

Mar 20, 2025

Bangalore (Karnataka) [India], March 20: Tax Saving Fixed Deposits are gaining a great deal of interest from investors seeking higher yields and tax related...

Collected over Rs 700 cr in TDS from online gaming companies, crypto: CBDT chief Nitin Gupta

Oct 10, 2023

The Central Board of Direct Taxes (CBDT) has collected more than Rs 700 crore as Tax Deduction at Source (TDS) this financial year after...

Tax deduction limit of state govt employees increased from 10 pc to 14 pc: Sitharaman

Feb 01, 2022

New Delhi [India], February 1 : Union Finance Minister Nirmala Sitharaman on Tuesday said that the state government employees' tax deduction limit has been...

TDS, TCS rates for non-salaried payments reduced by 25 per cent till March 31, 2021

May 13, 2020

New Delhi [India], May 14 : The Union government on Wednesday announced a reduction in the rate of Tax Deduction at Source (TDS) for...