Despite improvement in manufacturing activity, India's Manufacturing Purchasing Managers' Index (PMI) fell from 58.9 in September 20 to 55.4 in March 21.

Taxpayers can import and pre-fill the data from e-filing portal and can also fill the remaining data. Since the facility to upload income taxreturn forms is not enabled yet, filers can fill and save the offline utility for now

This include Rs 87,749 crore personal income tax refunds to 2.34 crore taxpayers and Rs 1.74 lakh crore worth corporate tax refunds in 3.46 lakh cases

The interest rate for National Savings Certificate was also slashed to 5.9 per cent from 6.8 per cent.

Originally, the deadline for linking PAN with Aadhaar was expiring on March 31, 2021, with the end of the current financial year. Failing to link the two would by the last date would render the PAN invalid

As tech helps tax authorities check evasion and fraud, taxpayers complain of harassment and misuse of powers

Income tax rule changes: Union Finance Minister Nirmala Sitharaman had announced new income tax rules in her Union Budget 2021 speech

There could be multiple reasons for taxpayers receiving the I-T notice. The prominent ones being non-reporting of FD interest and savings bank account interest in the ITR

Cairn Energy says it has full confidence on its position. The company will continue to take all steps necessary to protect the interests of its shareholders, adds British energy giant

Refunds issued by the Income Tax Department include Personal income tax (PIT) refunds amounting to Rs 79,483 crore and corporate tax refunds amounting to Rs 1.34 lakh crore during the period between April 1, 2020 and March 22, 2021

Every person who has been allotted PAN as of 1 July 1, 2017 and who is eligible to obtain Aadhaar number is required to link his PAN to Aadhaar

All PAN cards that are not linked with AADHAAR even after the deadline ends will be declared \"inoperative\" or no longer in use

The seizure of unaccounted cash will reduce the possibility of its utilisation for electoral purposes and will aid the objective of free and fair poll, the Finance Ministry said.

CBI says Cadbury allegedly conspired with central excise officials between 2009-11 and availed excise benefits to the tune of Rs 241 crore for its new unit in Himachal Pradesh

Unaccounted cash of Rs 50 lakh, jewellery worth Rs 3 crore and nine luxury vehicles worth Rs 12.5 crore were seized by the tax department after the raids.

The minister explained that faceless tax assessments are being done for all income tax assessees, except for cases assigned to central charges or international tax charges

The SMS and email alerts sent by the tax department to such taxpayers ask them to verify the transactions under e-campaign tab of the compliance portal, which has been created under the income tax department's Project Insight initiative

I-T department is mainly focussing on four different types of real estate transactions -- properties bought with fake names, assets bought via laundered money, those hiding real estate properties and the use of black money in buying properties. This led to a huge detection of benami properties

In reply to a separate question, Minister of State for Finance Anurag Singh Thakur said the income tax department has detected undisclosed income of Rs 2,223.88 crore between April-December of the current fiscal

In a circular, Sebi has tweaked provisions related to Unique Client Code (UCC) and mandatory requirement of Permanent Account Number (PAN)