Income Tax department

Centre okays PAN 2.0 project worth Rs 1,435 crore to transform taxpayer registration
Business

Centre okays PAN 2.0 project worth Rs 1,435 crore to transform taxpayer registration

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Monday approved the PAN 2.0 project…
‘Be fair and friendly with taxpayers’, FM Sitharaman asks I-T Dept
News

‘Be fair and friendly with taxpayers’, FM Sitharaman asks I-T Dept

Finance Minister Nirmala Sitharaman on Wednesday asked the officials of the Income Tax Department to simplify the language of notices…
Number of ITRs filed surges to record 7.28 crore in 2024-25, first timers add up to 58.6 lakh
Business

Number of ITRs filed surges to record 7.28 crore in 2024-25, first timers add up to 58.6 lakh

The total number of ITRs (income tax returns) for the assessment year (AY) 2024-25, filed till July 31, has surged…
Direct tax collections surge 19.5 pc to Rs 5.74 lakh crore in 2024-25 so far
Business

Direct tax collections surge 19.5 pc to Rs 5.74 lakh crore in 2024-25 so far

The country’s nets direct tax collection posted a robust 19.5 per cent growth to Rs 5.74 lakh as on till…
IT Dept launches app for viewing annual info statement, taxpayer info summary
Business

IT Dept launches app for viewing annual info statement, taxpayer info summary

 The Income Tax department has launched a mobile app which will allow taxpayers to view their information available in the…
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