The number of crorepati taxpayers in India increased five times to 2.2 lakh in the income tax assessment year (AY) 2024, compared to AY 2014, according to a new report.
Coming after a wait of almost six months, the Uni on Budget had kindled hopes in many breasts only to be dashed rudely by the Budget document. People who had set their sights on increasing their take home in come were left wondering whether they were better off earlier.
The Revenue Secretary further stated that the efforts of the government will continue to provide a hassle-free, simple, and collaborative approach towards the implementation of taxes.
As a result of these changes, the finance minister said, a salaried employee in the new tax regime stands to save up to Rs 17,500.
The Supreme Court on Friday said that it will hear on July 22 a batch of petitions seeking a probe by a Special Investigation Team (SIT) into the alleged instances of quid pro quo arrangements between corporates and political parties through Electoral Bonds donations.
The Enforcement Directorate (ED) has started a preliminary investigation into the monthly pay-off controversy involving the company of Kerala Chief…
A week after Income Tax authorities pointed out that Kerala Chief Minister Pinarayi Vijayan‘s daughter Veena Vijayan and her company…
As the last date of Income Tax filing has ended in July, the Income Tax Department has released data for…
The controversy over alleged illegal payment to Kerala Chief Minister’s daughter Veena Vijayan by the mining company, Cochin Minerals and…
The Congress-led UDF did not raise the allegations against Kerala chief minister’s daughter Veena Vijayan in the Assembly on Thursday.…
