Centre To Settle Almost All Retrospective Tax Cases This Month: Revenue Secy

New Delhi- The government will settle almost all the retrospective tax cases this month, closing a chapter that plagued India's reputation as an investment-friendly...

Taxpayers Can Update Their ITRs In 2 Years: FM

New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday gave a one-time window to taxpayers to correct any discrepancy or omissions in their ITRs within...

GST Collection Tops Rs 1.38 Lakh Cr In Jan

New Delhi- GST collection in January crossed Rs 1.38 lakh crore in January, a growth of 15 per cent over the year-ago period.Total number...

‘Excise Collections In FY22 Expected To Exceed Last Fiscal’s Target By Rs 300 Cr...

Jammu- The excise collection during the current fiscal year is expected to exceed the last year's target by Rs 300 crore, Additional Chief Secretary Finance...

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...

Taxpayers Can Now File Applications For Advance Ruling Through E-Mail: Finance Ministry Notifies Scheme

NEW DELHI- The finance ministry has notified the 'e-advance rulings Scheme', enabling taxpayers to file their application for advance ruling through e-mail, a move...

India’s High Import Tariffs In Electronics Sector Impacting Competitiveness: Report

NEW DELHI- India's import tariffs for the electronics sector are higher compared to countries like China and Vietnam that is negating the support provided...

India Slaps Rs 653 Cr Import Duty Evasion Notice On Xiaomi

New Delhi- Chinese phone maker Xiaomi's India unit has been slapped with a Rs 653 crore notice for alleged evasion of import duty, as...

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...

No Extension Of ITR Filing Deadline; Over 5.62 Cr Returns For FY21 Filed So...

New Delhi- The government on Friday ruled out extending the deadline for filing of ITRs, saying there were no problems faced by taxpayers in...