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Income Tax News: Only 5% of India's Population Bears 76% of Income Tax Burden

Income Tax News Latest: India, with a population of approximately 140 crore, faces a striking paradox in its income tax landscape. Recent statistics reveal that merely 6.65 crore individuals, constituting a mere 4.8% of the total population and 6.3% of the adult population, contribute to the country s personal income tax collection. This situation raises concerns as a mere 5% of taxpayers shoulder a significant 76% of the total income tax revenue generated by the government. ....

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Don't Miss the Deadline! Last-Minute Tips for Filing Your ITR Online

The disturbing video shows the two officials beating the physically challenged man while he repeatedly denies any wrongdoing and pleads with them. The altercation escalates as the officials threaten to take him to the police station. The incident is said to have occurred late Saturday night. ....

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IT payment feature in PhonePe - News Today | First with the news

IT payment feature in PhonePe - News Today | First with the news
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ITR: You can pay income tax now only on this portal and not on NSDL

If you are paying self-assessment, advance tax or any other type of tax, then you will have to use the new income tax return (ITR) portal to pay the income tax. There are multiple online and offline payment options available on the new ITR portal. Read here to know how the payment can be made. ....

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PhonePe lets you pay Income Tax seamlessly, thanks to PayMate collaboration

PhonePe, in collaboration with PayMate, has unveiled the Income Tax Payment feature on its app, enabling taxpayers to pay self-assessment and advance tax directly from within the app. ....

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