Income Tax Act

Rediff.com » News » Income Tax Act

News for Income Tax Act

News
Business

Salaries, allowances, pensions of MPs hiked; monthly income rises to...

The Centre on Monday notified a 24 percent hike in the salaries of members of Parliament with effect from April 1, 2023, on the basis of the Cost Inflation Index, taking their monthly salaries to......

Relief for house owners, can claim zero tax on 2 self-occupied properties

The government on Saturday announced that taxpayers can claim annual value of two self-occupied properties as "nil" without any condition. Photograph: Reuters In her Budget speech, Finance......

IT dept can check WhatsApp, email only during...: Sources

The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, and it is not aimed to......

Seized cash, gold worth Rs 52 cr belonged to MP ex-cop, claims ED

The Enforcement Directorate Wednesday said cash and gold worth about Rs 52 crore seized from an abandoned SUV in Madhya Pradesh last year "belonged" to former state transport department constable......

India appeals UK court ruling on Bhandari extradition

The Indian government as respondent in Sanjay Bhandari extradition case has sought permission from the London high court to appeal against the discharge of the defence sector consultant wanted in......

Now you can help in drafting Income-Tax rules

Central Board of Direct Taxes on Tuesday said stakeholders can send their inputs for drafting Income-tax rules and related forms pertaining to the proposed Income Tax Bill, 2025. Illustration:......

Govt to undertake comprehensive review of Income Tax Act: FM

The government on Tuesday announced that it will undertake a comprehensive review of the Income Tax Act to make it easy to read. Illustration: Dominic Xavier/Rediff.com Presenting the Union......

New Income Tax Bill likely to be tabled in Par on Thursday

A crispier and simplified Income Tax Bill 2025, having 536 sections, and 23 chapters running into 622 pages, is likely to be introduced in the Lok Sabha on Thursday. Illustration: Dominic......

Budget 2012: Govt proposes amendments in Income Tax Act

In a measure that will have far-reaching impact on foreign investment and the Vodafone case having a tax implication of Rs 11,000 crore (Rs 110 billion), the government proposed amendment in the......

Sitharaman introduces New Income Tax Bill in LS

Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker Om Birla to refer it to a select committee of the House. Photograph:......

Rediff News

Income Tax Act

News for Income Tax Act

Salaries, allowances, pensions of MPs hiked; monthly income rises to...

Relief for house owners, can claim zero tax on 2 self-occupied properties

IT dept can check WhatsApp, email only during...: Sources

Seized cash, gold worth Rs 52 cr belonged to MP ex-cop, claims ED

India appeals UK court ruling on Bhandari extradition

Now you can help in drafting Income-Tax rules

Govt to undertake comprehensive review of Income Tax Act: FM

New Income Tax Bill likely to be tabled in Par on Thursday

Budget 2012: Govt proposes amendments in Income Tax Act

Sitharaman introduces New Income Tax Bill in LS

Top Coverage News

World Test Championship 2023

Manipur's Tragedy

IPL 2023

Sri Lanka's Tour of India 2023

GUJARAT, HIMACHAL GO TO POLLS