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Income Tax: HR News, Trends & Workplace Insights

Latest Income Tax HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Income Tax.

Updated on: Mar 2023
Last date for AadhaarPAN linking is March, will it extend?
Industry

Last date for AadhaarPAN linking is March, will it extend?

Mar 28, 2023

IT raid BBC Delhi Mumbai office, employees phones seized

Income Tax IT officials have searched the BBC Delhi and Mumbai offices today. The income tax offic...

Industry
Feb 14, 2023
IT raid BBC Delhi Mumbai office, employees phones seized

Higher EPF contribution to be taxable from April , but?

Higher EPF contribution to be taxable from April , but? Union Finance minister Nirmala Sitharaman ...

EPFO
Feb 25, 2021
Higher EPF contribution to be taxable from April , but?

EPFO Interest on your PF contributions over Rs . lakh to be taxed

EPFO Interest on your PF contributions over Rs . lakh to be taxed Interest on employee contributi...

EPFO
Feb 2, 2021
EPFO Interest on your PF contributions over Rs . lakh to be taxed
Govt can look to provide tax deductions for WFH employees: Pwc India
Jobs

Govt can look to provide tax deductions for WFH employees: Pwc India

Govt can look to provide tax deductions for WFH employees: Pwc India The government could look at providing deductions for expenses incurred by salaried employees while working from home in the upcoming Budget as it looks to boost demand, consulting firm PwC India said on Thursday. Addressing a pre-budget session, Pwc India senior tax partner Rahul Garg said demand […]

Jan 22, 2021
Govt extends deadline for filing ITR for FY20
Coronavirus

Govt extends deadline for filing ITR for FY20

In the announcement of the economic relief package, Finance Minister Nirmala Sitharaman said that the due date for Income Tax Returns for the year 2019-2020 is now being extended from July 31, 2020, and October 31, 2020 to November 30, 2020. She said, “Due date for all income-tax return for FY 2019-20 will be extended […]

May 14, 2020
COVID-19: Govt to release Income Tax refunds immediately
Jobs

COVID-19: Govt to release Income Tax refunds immediately

Today, the Income Tax Department, on its official Twitter handle, announced that Government of India to give income tax refunds up to Rs 5 lakh immediately due to coronavirus impact. According to the announcement “In context of COVID-19 situation & to grant immediate relief to taxpayers, GOI has decided to issue all pending income-tax refunds […]

Apr 8, 2020
Covid-19: India relaxes Income Tax deadlines and penalties
Coronavirus

Covid-19: India relaxes Income Tax deadlines and penalties

In view of COVID-19 outbreak, India has offered several relaxations under the Income Tax Act and other direct tax laws to assuage taxpayers especially on statutory and regulatory compliance matters related to several sectors. While addressing the press conference through video conferencing here on 24th March, Smt. Sitharaman announced much-needed relief measures in areas of […]

Mar 25, 2020
Millennials welcome revised income tax slab – Survey
Survey & Report

Millennials welcome revised income tax slab – Survey

TimesJobs survey on the impact of Union Budget 2020 reveals that most (56%) professionals welcomed that income tax slab revision, The announcements related to insurance policies were the biggest disappointment 39% of young professionals said that the Union Budget 2020 failed to introduce concrete plans on employment generation 41% of professionals said that the policies […]

Mar 4, 2020