DNA: Good news has come in SBI report, common man will be rich
DNA: Good news has come in SBI's report, SBI continues to report on increasing the income of the common man.
Aug 18, 2023, 23:48 PM IST
Income Tax Calculator 2023-24: Union Budget RELEASED, Here is how you can Calculate Your Personal Income Tax for Next Financial Year; Check Detailed Procedure Here
Union Budget 2023-24 will be presented on Feb 1. Taxpayers will also have an eye on the budget, scroll down for the direct link and detailed procedure to calculate Income Tax
Jan 31, 2023, 21:10 PM IST
Income Tax Calculator 2023-24: Want to Calculate Your Personal Income Tax for Next Financial Year? Here are the Steps
Everyone is thinking about "how to submit income tax," thus we are providing you with a straightforward income tax calculator, scroll down for the direct link and steps to calculate Income Tax
Jan 27, 2023, 18:39 PM IST
GST taxpayer base crosses one-crore mark
"One crore taxpayers have been registered under the GST till January 24, of which 17.11 lakh are composition dealers," an official statement said.
Jan 25, 2018, 21:56 PM IST
Govt may review monthly GST return filing process
Presently, businesses have to file returns in GSTR-1, GSTR-2 and GSTR-3 forms for every month. These forms detail outward supplies of taxable goods and/or services, inward supplies for claiming input tax credit and monthly return.
Nov 06, 2017, 14:57 PM IST
Deadline for Aadhaar-PAN linkage to stay: UIDAI CEO
The government had mandated linking of PAN with Aadhaar by the extended deadline of August 31.
Aug 25, 2017, 14:56 PM IST
July 1 to be observed as GST Day: CBEC
As India transits to a new era with rollout of GST, the government is leaving no stone unturned for a smooth switchover and has asked tax offices to convert into GST Seva-Kendras to provide all assistance to tax payers.
Jun 30, 2017, 17:07 PM IST
I-T's just a click away; tax scrutiny reply set to get easier
Replying to income tax scrutiny notices with supporting documents will soon be just a click away.
Jun 11, 2017, 11:21 AM IST
CBDT issues certificates of appreciation to nearly 3.74 lakh tax payers
The total number of certificates issued by CBDT now stands at approximately 23 lakh.
Feb 08, 2017, 13:18 PM IST
An overview of highest tax payers of FY 2016-17
An overview of highest tax payers of FY 2016-17.
Dec 30, 2016, 15:48 PM IST
24 lakh people have income above Rs 10 lakh but 25 lakh cars bought every year
India has just 24.4 lakh tax payers who declared an annual income of over Rs 10 lakh yet 25 lakh new cars, including 35,000 luxury cars, are being bought every year for last five years, a top official said.
Dec 27, 2016, 16:48 PM IST
Income tax department identifies 67.54 lakh potential non-filers for 2014-15
The income tax department has conducted the fifth cycle of data matching which has identified an additional 67.54 lakh potential non-filers who have carried out high value transactions in the financial year 2014-15 but did not file return of income for the relevant assessment year i.e. A.Y 2015-16.
Dec 22, 2016, 17:56 PM IST
India expresses reservations over World Bank report on Doing Business
India has expressed reservations on World Bank's 'Doing Business Report' where it has been ranked 172 amongst 190 countries, Finance Minister Arun Jaitley said Friday.
Dec 09, 2016, 14:22 PM IST
Relief for taxpayers: No recovery during pendency of stay
In a relief to tax payers, the government has asked taxmen not to proceed with recovery of a 'confirmed' demand in relation to indirect taxes during pendency of stay applications.
Jul 05, 2016, 17:18 PM IST
Dividend tax only on dividend income above Rs 10 lakh
The new 10 percent Dividend Tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
May 06, 2016, 20:23 PM IST
Tax deptt issues guidelines for e-communication to assessees
To ease communication with the Income-Tax department, the government has allowed tax payers to reply to notices using their registered email address.
Feb 05, 2016, 15:30 PM IST
Income Tax department to use email for issuing notices
Income tax department will soon start e-communication with tax payers excluding the old means of communication.
Dec 08, 2015, 17:41 PM IST
We do not withhold refunds or scrutinise small taxpayers: CBDT
The Income Tax department does not withhold refunds of small taxpayers nor does it generally select their tax returns for scrutiny and detailed analysis, the CBDT has said in an attempt to dispel two of the biggest concerns of this category of assesses.
Oct 04, 2015, 11:03 AM IST
Black money: Those with unaccounted wealth abroad to face action, warns FM Jaitley
The finance minister said honest taxpayers need not fear and pointed out that of the over five crore assesses, only three lakh cases were taken up for scrutiny through a random process.
Oct 03, 2015, 08:43 AM IST
Jaitley against burdening salaried, middle class; may raise tax exemption limit
Finance Minister Arun Jaitley on Saturday said that he does not favour burdening the salaried and middle-class with more taxes but would go after the evaders in widening the net.
Nov 22, 2014, 15:50 PM IST
