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The Income Tax department served a notice to a laborer for the recovery of Rs.8 crores in an astonishing event. The person, who works as a laborer, is from Bulandshahr, an area of Uttar Pradesh.

PAN Misuse: Labourer slapped with Income Tax Notice of Rs 8 crore

ITR filings on average total 2,82,559 each day (total returns submitted from 10 April 2022 to 31 December 2022: 7,51,60,817). 266 days in total. 7,51,60,817/266 = 2,82,559)

72,42,156 Income Tax Return (ITR) filed on July 31, 2022

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The Minister of State, Shri Pankaj Chaudhary in the Ministry of Finance in a written reply to a question raised in Lok Sabha Stated, "Finance Bill, 2023 has proposed to reduce rates of tax applicable on middle class."

Finance Bill, 2023 has proposed to reduce rates of tax applicable on middle class

The Minister of State, Shri Pankaj Chaudhary in Ministry of Finance in a written reply to a question raised in Lok Sabha stated, "Common Income Tax Return (CTR) Soon; Scope of prefilled ITRs has been extended."

Common Income Tax Return (CTR) Soon; Scope of prefilled ITRs has been extended: MOF in Lok Sabha

Relief for ESPN Star Sports, the Delhi bench of ITAT reversed the income tax authorities' addition of 752 crore to its revenue for the assessment year (AY) 2014-15.

ESPN Star Sports gets tax relief, ITAT will not add Rs.752 crore to its Income for Assessment Year 15

Net direct tax collection (after calculating refunds) increased 15.3 percent to 15.72 trillion so far this financial year, according to sources.

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PAN Misuse: Labourer slapped with Income Tax Notice of Rs 8 crore

72,42,156 Income Tax Return (ITR) filed on July 31, 2022

Finance Bill, 2023 has proposed to reduce rates of tax applicable on middle class

Common Income Tax Return (CTR) Soon; Scope of prefilled ITRs has been extended: MOF in Lok Sabha

ESPN Star Sports gets tax relief, ITAT will not add Rs.752 crore to its Income for Assessment Year 15

Direct Tax Collection exceeds 95.2% of FY23 Revised Estimates