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1.58 lakh tax payers under lens for partial account declarations
Wed, May 17, 2017
The tax department is conducting analysis in conjuction with previously available/analysed data. Such incremental data analysis has already led to identification of new cases for e-verification, I-T department said.
61 lakh taxpayers enrolled under GST, says Hasmukh Adhia
Thu, May 11, 2017
He was briefed about the software system being developed for GST, training of tax officials and outreach program being undertaken by Tax Departments across the nation.
Now, link Aadhaar with PAN with ID proof scan, OTP
Sun, Apr 09, 2017
The tax department will start educating taxpayers from this week through media outreach on ways to link the PAN with Aadhaar.
Donating to your preferred charity may save you income tax; here's how
Tue, Mar 28, 2017
Section 80G, 80GGA and 80GGC cover provisions which make your donations eligible for tax deductions.
26.7% of central taxpayers migrate to GSTN in Bengal circle
Thu, Mar 23, 2017
"So far, about 26.7 per cent of 88,201 taxpayers, who are registered with central excise and service tax have migrated to GSTN," said Central Excise (Service Tax) Chief Commissioner R.K. Sharma.
CBEC seeks exporters' feedback on drawback rates post GST
Sun, Feb 26, 2017
"In order to ensure smooth transition to GST framework, the Drawback Committee is to formulate and recommend revised All Industry Rates (AIRs) of drawback on rebate to be implemented for exports in the context of new GST environment," it said.
IRS officers seek PM's intervention for smooth roll-out of GST
Sun, Feb 26, 2017
In a memorandum submitted to the Prime Minister's Office (PMO), the officers' body has also highlighted the serious security and financial concerns raised by the Comptroller and Auditor General (CAG) and the Home Ministry against the Goods and Services Tax Network (GSTN).
Final draft of GST laws ready; Council to meet on Feb 18: Jaitley
Fri, Feb 03, 2017
He pointed the government is making efforts to make the society more tax compliant.
Here's what the Budget 2017 has in store for the poor, underprivileged
Wed, Feb 01, 2017
The government has pushed for affordable housing for the poor in Budget 2017 .
How to calculate Advance tax and who should pay it?
Wed, Dec 14, 2016
If your do not pay Advance tax as per the schedule, you will become liable to pay interest under section 234B and 234C.
CBDT clarifies unconfirmed reports speculating on the taxpayers response on IDS scheme
Thu, Sep 15, 2016
The board said,” It would like to clarify that these speculations are not based on any statements issued by the department.”
Total income tax returns amounted to Rs 19 lakh crore in 2012-13
Sat, Aug 20, 2016
The highest amount of Rs 12.13 lakh crore IT returns coming from the Business Income group, followed by Salary Income which amounted to Rs 6.26 lakh crore.
Income Tax: E-filing grows by 9 percent this year
Mon, Aug 08, 2016
Avoiding long queues of filing income tax returns, the e-filing of income tax made it possible to garner more taxpayers online.
Majority of taxpayers find CBEC policies "liberal and friendly": Survey
Wed, Jun 29, 2016
The survey was based on the question – “Do you feel a perceptible change in policies of the CBEC by way of becoming liberal and friendly to the taxpayer?”
Just 1% of population pay taxes; over 5000 paid more than Rs 1 crore
Sun, May 01, 2016
The tax outgo was less than Rs 1.5 lakh for a vast majority of nearly 89% taxpayers (over 1.11 crore).
I-T department issued over 2.76 crore PAN cards to individuals in FY14
Sat, Apr 30, 2016
2.6 crore people filed income taxes in calender year 2012-13.