Income Tax, CGST Deptts Conducts Outreach Initiative
SRINAGAR- Continuing the Outreach initiative of the Ministry of Finance, Govt of India, the Central Goods & Services Tax (CGST) Department, in collaboration with...
Lok Sabha passes bill to end all retrospective taxation
New Delhi: A bill that aims to end all retrospective taxation imposed on indirect transfer of Indian assets was passed by the Lok Sabha...
Budget 2023 May Tweak Capital Gains Tax Regime
New Delhi- The Budget may tweak capital gains taxes levied on equity, debt and immovable property to bring parity in varied tax rates and...
Capital Gains Tax Should Be Rationalised; Need Simpler ITR Form For Disclosing Such Income:...
New Delhi- The Budget should bring in a simpler income tax return form for assessees having only capital gains or dividend or interest income,...
I-T Dept Going Into New Areas To Check Tax Evasion: CBDT Chairman
New Delhi- The Income-Tax department is going into "new areas" of the economy to check tax evasion even as its investigation units are using...
Unregistered Persons Can Claim Tax Refunds For Cancelled Contracts On GST Portal
NEW DELHI- Unregistered persons can claim Goods and Services Tax refunds for cancelled contracts or premature termination of insurance policies by obtaining temporary registration...
More Than 100 Millionaires Make An Unusual Plea: ‘Tax Us Now’
PARIS- More than 100 millionaires made an unusual plea on Wednesday: "Tax us now".
Their appeal came as a study backed by wealthy individuals and...
GST Collection At Rs 1.55 Lakh Cr In Jan, Second Highest-Ever
New Delhi- The GST collection in January surged to over Rs 1.55 lakh crore, the second highest-ever mop-up, the finance ministry said on Tuesday.
"The...
I-T Dept Asks Taxpayers To Respond To Intimation Of Past Tax Demands For Faster...
New Delhi- The income tax department on Saturday asked taxpayers to respond to intimation from the I-T department regarding outstanding demands of previous years...
Over 2.38 Cr ITRs For FY21 Filed: I-T Dept
New Delhi- Over 2.38 crore income tax returns have been filed for 2020-21 fiscal so far, the I-T department said on Tuesday.
Of this, over...