ITR Filings Hit Record 72.8 Million

The platform recorded a peak rate of 917 filings per second on July 17 and 9,367 filings per minute on July 31. Illustration: Dominic Xavier/Rediff.com   A record 72.8 million income-tax......

CBDT notifies ITR forms for Assessment Year 2024-25

The Income Tax department on Friday said it has notified I-T return forms 2, 3 and 5 for filing tax returns for assessment year 2024-25. Illustration: Dominic Xavier/Rediff.com The ITR-1, which......

I-T dept enables online filing of ITRs 1, 4

The Income Tax department has enabled online filing of income tax returns (ITRs) 1 and 4, filed by individuals, professionals and small businesses, for 2022-23 fiscal. Illustration: Uttam......

Budget 2023: What bankers want from Sitharaman

Ahead of the Union Budget, the banking sector, through the Indian Banks’ Association (IBA), has made recommendations to the Union finance ministry on direct tax, including removing Section......