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Saturday, March 14, 2026
TopicTax returns

Topic: Tax returns

Incomes of Indians were shrinking even before Covid, pandemic will only make it worse

Tax returns filed by those earning above Rs 50 lakh has seen a contraction of nearly 21%. Those earning between Rs 20 lakh-Rs 50 lakh saw an 8% fall.

Modi govt tightening screw on IT dept a small win for taxpayer

In Budget 2021, the proposed changes to the Income Tax Act 1961 for tax collection are a welcome move.

Sitharaman promises economic package ‘soon’, but eases norms for businesses and taxpayers

Firms get relief on tax returns, company law compliance, and triggering of insolvency proceedings. Regulators are monitoring the markets and economy, assures the FM.

Indian govt can make taxes look good – by taxing bad behaviour, like honking

We can tax other bads too. Like air pollution, water pollution, parking on public roads and so on. We could call it the Bads and Disservices Tax.

45% increase in e-filing by taxpayers who earn less than Rs 10 lakh a year

The sharp increase in tax filers in the lower income slabs can be mainly attributed to government’s decision to start penalising late filers.

Attempt made to colour my tax returns as bogus, says media baron Raghav Bahl

Raghav Bahl says I-T officials seemed disappointed at being told that every piece of information, including details of his London flat, has been duly declared.

Bitcoin uses healthy paranoia & not threat of violence to maintain online security

Despite the potential for abuse, no case of outsize influence has been reported in the decentralised Bitcoin network.

On Camera

Period pain is real. Blanket menstrual leave policy isn’t a fix

The Supreme Court is right to point out the 'mindset of employers', who, because of this policy, may deduce that 'women are inferior.'

Red carpet for industry honchos as AAP kicks off Punjab investors summit. Rs 10,000 cr pledged on Day 1

At 2nd such summit in Punjab for top investors organised by AAP since it came to power in Punjab, Lakshmi Mittal announced his Bathinda refinery has increased production of LPG by 3,000 tonnes/day.

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

Trump brings the Age of Humiliation for friends. Modi needs stoicism abroad, humility at home

Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.