J&K Govt Grants Amnesty To Settle Tax Arrears Of Pre-GST Regime 

Jammu- In a major relief to taxpayers, the Jammu and Kashmir administration on Wednesday granted amnesty for the settlement of tax arrears pertaining to...

RBI Guv Bats For Cut In State Taxes On Petrol, Diesel

New Delhi- Lending support to the Union government's pitch for states to reduce sales tax (VAT) on petrol and diesel, Reserve Bank of India...

Nearly 5.89 Cr ITRs For FY21 Filed Till Dec 31 Deadline

New Delhi- Nearly 5.89 crore income tax returns for the 2020-21 fiscal (ended March 2021) have been filed on the new e-filing portal till...

Litecoin Creator Charlie Lee Reveals He Sold All His Litecoin

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...

Income Tax Refunds Of Over Rs 1.29 Lakh Cr Issued Between April-Nov 2021

NEW DELHI- The income tax department on Wednesday said it has issued refunds of over Rs 1.29 lakh crore in 8 months of the...

Buoyant Tax Collections Cushion Govt On Fiscal Front; ITR Reforms Likely

New Delhi- Riding on the back of a 26 per cent surge in tax collections, the government is set to unveil the next set...

Excise Duty Cut On Fuel To Cost Rs 45,000 Crore To Exchequer: Report 

New Delhi-  The excise duty cuts on diesel and petrol will cost the exchequer Rs 45,000 crore and lead to a 0.3 percentage point...

I-T Dept Collects Rs 28-Cr In Taxes From New ITR-U Filing

New Delhi- The Income-tax department has collected around Rs 28 crore in taxes after about 1 lakh returns were filed by taxpayers under the...

GST Mop Up Grows 11% To Rs 1.46 Lakh Cr In November

New Delhi- The collections from Goods and Services Tax (GST) grew by 11 per cent to about Rs 1.46 lakh crore in November on...

GST Mop-Up In March At Rs 1.60 Lakh Cr Second Highest Ever, FY23 Gross...

New Delhi- GST collections in March grew 13 per cent to the second highest ever at Rs 1.60 lakh crore, taking the growth rate...