News

The Income Tax portal has added a new 'Authenticate Insight DIN' tool, which is designed to improve taxpayer security and convenience.

IT Department introduces Authenticate Insight DIN feature for Enhanced Communication Security and Verification

Any further movement in taxpayers to the concessional personal income tax regime may demand additional changes for improved attractiveness.

LIC said it received an income tax refund of Rs. 25,464 crore for interim bonuses paid to policyholders during the last seven assessment years.

The IT department formed 40 teams of up to 250 officials to undertake searches at locations associated to four Noida-based construction businesses.

The provisional figures of Direct Tax collections up to 10th January, 2024 continue to register steady growth.

The Income Tax Department added a new condition for non-individual entities to credit refunds exceeding Rs. 50 crore.