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India mourns as nation bids farewell to Manmohan Singh with full state honours | Narendra Modi-led Union Cabinet passes 'Condolence Resolution' on passing of ex-PM Manmohan Singh | Space will be allocated for Manmohan Singh's memorial, announces Centre | He was my friend, philosopher, and guide: Sonia Gandhi remembers Manmohan Singh in an emotional post | Vladimir Putin condoles Manmohan Singh's death, calls him 'outstanding statesman' | Congress writes to PM Modi seeking space for building a memorial to Manmohan Singh | Manmohan Singh will be remembered as a kind person, a learned economist, and a leader dedicated to reforms: PM Modi | Russian ambassador to India Denis Alipov grieves Manmohan Singh's demise | Mumbai terror attack shook Manmohan Singh badly, recalls former deputy NSA | I have lost a mentor and guide: Rahul Gandhi writes on Manmohan Singh's demise

Draft rules to implement the law for scraping retro tax provisions framed

Aug 29, 2021, at 02:42 am

New Delhi/UNI: The government has framed draft rules to implement the recent amendment in Income Tax Act to scrap retrospective tax provisions.

Different Income Heads Taxable Under the Income Tax Act

Jan 04, 2019, at 11:42 am

There are five different heads on income described under the Income Tax Act 1961, which cover every taxable source of income in India and help consolidate them. At the end of each year, you have to classify your annual earnings under these heads and calculate the amount of tax payable by you.

Country-wide E-assessment to be rolled-out to replace age-old assessment procedure

Feb 01, 2018, at 08:36 pm

New Delhi, Feb 1 (IBNS): In the General Budget 2018-19 presented in Parliament on Thursday, FM Arun Jaitley proposed to amend the Income-tax Act to notify a new scheme for assessment.