Thursday, July 24, 2025
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income

Govt collected Rs 437 crore as income tax from crypto in FY24, up 63% from FY23 | Business News

The government collected Rs 437.43 crore as income tax on gains from cryptocurrencies – or Virtual Digital Assets (VDA), as they are called...

See How Your After-Tax Income Rises With Trump’s Big Beautiful Bill

The Tax Policy Center finds that 85% of households will get a tax cut. Here’s how much your after-tax income will increase: for...

Foreign asset declarations jump 45% as I T dept cracks down on unreported income, says Finance Ministry

The Income Tax Department's data-matching initiative has prompted thousands of taxpayers to voluntarily disclose unreported offshore assets and foreign income, according to a...

CBDT taking action for non-responsive taxpayers having foreign income: Finance Ministry

Finance Ministry on Friday said CBDT is taking action against people having foreign income and as many as 5,483 taxpayers have filed belated...

NPCI introduces real time PAN-Bank Account linking on income tax website; taxpayers may get faster income tax refunds

The National Payments Corporation of India (NPCI) has launched a new facility regarding PAN and Bank Account validation on the income tax e-filing...
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