« Top Headlines » Open DEMAT Account in 24 hrs  New Income Tax Act: ITR forms to be issued prior to FY28, says govt  GSTR-9C Explained: Turnover Limit, Due Date, Statement Format & How to Prepare It in Tally Prime (2025 Update)  Will Income Tax Department release new ITR forms by January 2026? Finance Ministry says this  The Government of India has strengthened MSME protection through strict payment rules, ensuring that Micro & Small Enterprises receive timely payments from buyers. Under the MSME Development Act (MSMED Act), 2006, buyers must make payments within:  ITR Refund Delays in India: Why They Happen & How to FastTrack Your Refund in 2025  ITR Refund Delay: From Bank Errors To Department Checks, 5 Big Reasons Your Refund Gets Stuck  Income Tax Slabs 2025: New Vs Old Regime; Which One Is Better For You For FY2025-26?  Seamless Integration: How Tally Prime Connects Businesses to the Digital Economy  Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief  Digital Efficiency for MSMEs: The Tally Prime Advantage  5 Ways Tally Prime Reduces Cost and Boosts Productivity for Startups «  Injunction against service tax on rent of commercial... Kidney racket: Tax raids at doctor's Chennai house... » I-T officials seek pvt sector salary October, 15th 2007 Encouraged by an unprecedented growth of around 40% in direct tax collections, the income tax officials have sought salaries at par with corporate sector from the Sixth Pay Commission. "In order to have the best minds in public sector the pay scales and perquisites should be at par with private sector," income tax employees said in their presentation to the pay commission, which is expected to submit its report to the government by early next year. The sources said the pay commission has received separate representations from Income Tax Employees Federation, New Delhi and IT Appellate Tribunal Bar Association, Mumbai besides from other associations. On the question whether Commission should persist with fixing maximum-minimum ratio in the salary of officials and other employees, tax officials said it should ensure efficient administration rather than determining minimum-maximum ratio.