ITR frenzy: Taxpayers hit by portal glitches as July 31 deadline approaches
With no extension in sight, both taxpayers and chartered accountants struggle with portal glitches
With no extension in sight, both taxpayers and chartered accountants struggle with portal glitches
Finance minister Nirmala Sitharaman has tried to bring about some relief to taxpayers. Taxpayers will gain Rs 17,500 this year.
CBDT Chairman Nitin Gupta said robust tax collection numbers projected in the budget are attributable to multiple factors, including higher compliance.
FM says over the last 10 years, direct tax collections have trebled and return filers have swelled 2.4 times
Audit reports and other forms filed during the period totalled 1.60 cr, marking an increase from 1.43 cr audit reports and forms filed in the year-ago period.
The average income is expected to touch ₹50 lakh in 2047, says SBI Research
Finance minister has proposed major tax reforms in a push to the new tax regime. Here's how much you can save.
The wide variety of TDS rates creates confusion for the taxpayers, increases compliance burden, and gives rise to characterisation disputes, says industry chamber CII.