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PF » News » Tax

Super rich senior citizens to take biggest hit

Individuals with an annual income of above Rs 10 lakh but below Rs one crore have emerged as the biggest beneficiaries ...


Budget may bring good news for salaried class

24 Feb 2015

Union finance minister has already said he's 'in favour of taxing low income groups'


FM may dole out tax sops in Budget to win over middle class

22 Feb 2015

Finance Minister is also expected to unveil initiatives to boost investments and promote manufacturing as part of the Make In ...


I-T dept to pursue criminal proceedings against tax evaders

12 Feb 2015

Adopting an aggressive approach against cases of tax evasion the Income Tax today stated that it would be launching criminal ...


You could be accumulating black money unknowingly

28 Jan 2015

Despite being a regular taxpayer, there are chances that you could be accumulating black money at home unknowingly. And you won't ...


Unions demand hike in I-T exemption ceiling to Rs 5 lakh

17 Jan 2015

Finance Minister assures trade unions that govt will not go for privatising Railways and Coal India


Don't harass taxpayers on pretext of scrutiny: CBDT to I-T

28 Sep 2014

Taking a stern view of the undue "harassment" of taxpayers during scrutiny of their cases, the CBDT has issued orders asking the ...


Advance ruling facility to resident tax payers: CBDT chairman

22 Aug 2014

The income tax department will extend the advance ruling facility to the resident tax payers from the current year, K V Chowdary, ...


ITR filing: CBDT launches new tax calculator for taxpayers

13 Jul 2014

CBDT has launched a new online 'tax calculator' for computing annual I-T liability which can now be emailed to personal in-boxes ...


Relief for taxpayers: There's more in your hands now

11 Jul 2014

Increase in investment limit under 80C, basic exemption limit, PPF and home loan interest payment are good news


FM hikes basic exemption, 80C limits

10 Jul 2014

Though the tax announcements in the Union Budget 2014 was not in-line with the expectations, but the Finance Ministry Arun ...


I-T dept to set up 70 more Aaykar Sampark Kendras this fiscal

06 Jul 2014

Seventy more centres will be established across the country in the ongoing fiscal for tax payers to file returns, check refund ...


Tax exemption limit under 80C may rise to Rs 2 lakh

30 Jun 2014

There have been demands to hike the tax exemption limit from Rs 1 lakh per annum to encourage household savings


About Rs 8,000 cr service tax evasion detected during 2013-14

06 Apr 2014

With increased focus on revenue generation from service tax, officials have detected several cases of tax evasion amounting to ...


EPFO makes it mandatory for PF trusts to file returns online

31 Mar 2014

Retirement fund body Employees Provident Fund Organisation (EPFO) has made it mandatory for private provident fund (PPF) trusts ...


I-T asks e-filers of tax returns to send ITRV by speed post

30 Mar 2014

If you are filing online your Income Tax return, the paper copy of the 'ITRV' should only be sent through "speed post" to the ...


EPFO panel grant regular tax exemption to 68 private PF trusts

28 Mar 2014

An empowered committee of the retirement fund body EPFO today approved granting regular tax exemption to 68 private provident ...


EPFO panel meet on Friday to grant tax exemption to PF trusts

26 Mar 2014

In a bid to protect tax benefits for subscribers of about 180 private provident fund trusts, retirement fund body EPFO has called ...


E-filing of I-T returns: Taxpayers to get digital signatures

23 Mar 2014

In order to weed out the hassle of sending by post a hard copy of e-filed return, the Income Tax department has decided to bring ...

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