Category: INCOME TAX

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News: Centre may hike Income Tax Exemption Limit from Rs.2 lakh to Rs.5 lakh

Centre may hike Income Tax exemption limit from Rs 2 lakh to Rs 5 lakh News by CNN-IBN New Delhi: In what could probably become one of the landmark [...]

Raising of exemption limit for Income Tax and exemption of all allowances from Income Tax: NC JCM writes to Finance Minister

Raising of exemption limit of Income Tax to Rs. 5 lakh for Individuals, Rs. 7 lakh for Senior Citizens above 60 years and Rs. 10 lakh for the ve [...]

Who is required to file income tax returns for AY 2014-15?

Who is required to file income tax returns for AY 2014-15? - Moneycontrol.com If you are an individual (other than a company or a firm) than you wil [...]

IT returns related issues for PBOR in armed forces

IT returns related issues for PBOR in armed forces: Money Control Due to the special nature of duties of the armed forces, certain allowances are pai [...]

FinMin against raising I-T exemption limit to Rs 3 lakh: Proposed Direct Taxes Code – 2013

FinMin against raising I-T exemption limit to Rs 3 lakh: The Hindu  The Finance Ministry has rejected the recommendation of the Parliamentary S [...]

Banks and Income Tax Offices to Remain Open on 29th, 30th and 31st March, 2014: PIB News

Press Information Bureau Government of India Ministry of Finance 27-March-2014 17:33 IST Banks and Income Tax Offices to Remain Open on 29th, 30t [...]

CBTD Order: Income Tax Offices through out India shall remain open on 29th, 30th and 31st of March

F.No.225/138/2014/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 24th March, [...]

Indian Tax System and Effect on Central Government Employees.

Indian Tax System and Effect on Central Government Employees. Confederation of Central Government Employees and Workers Karnataka State Comrades, [...]

Ex-post facto extension of due date extended to 31.03.2014 for filing TDS/TCS statements for FYs 2012-13 and 2013-14

Circular No. 07/2014 F. No. 275/27/2013-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New D [...]

“No income tax” on the service class or give full tax exemption on their net savings: BJP

'BJP vision panel may propose no income tax on salaried class' Senior BJP leader Subramanian Swamy today said his party's vision committee might p [...]
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