Taxpayers aged between 18 to 35 years filed 2,09,06,829 ITRs till Jan 31: Centre

Feb 07, 2023

As per Income-tax Act, 1961, tax is calculated and collected based on total income returned in Income tax Returns (ITR).

Personal income tax collection overtakes corporate tax: Report

Aug 27, 2025

Personal income tax collections have surpassed corporate taxes for the first time in India's history, signalling a structural shift in the country's direct tax...

Taj Mahal gets Rs 1 crore water bill

Dec 20, 2022

ASI's Superintending Archaeologist (Agra circle) Raj Patel told ANI, "A notice for water tax and one for property tax has been issued. The property...

ADB launches tax hub to enhance international tax cooperation

May 07, 2021

Manila [The Philippines], May 7 : The Asian Development Bank (ADB) has launched a hub to create an open and inclusive platform to promote...

The government will continue on the path to fiscal consolidation in FY25: SBI CAPS

Jul 10, 2024

The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods...

FM Sitharaman tables new Income Tax bill in Lok Sabha, virtual assets like crypto defined under income from other sources

Feb 13, 2025

The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and provide more clarity on...