Issue upto Rs 5,000 refunds fast and quick: CBDT to I-T dept
CBDT has directed the Income Tax department to "expeditiously" issue refunds worth Rs 5,000 for last three assessment years in order to provide immediate relief to taxpayers.
Jul 14, 2016, 20:14 PM IST
Just 1% of population pay taxes; over 5,000 paid more than Rs 1 crore
Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.
May 01, 2016, 17:45 PM IST
Check your tax liability on tax calculator launched by IT department
With the new Income Tax Return (ITR) forms notified recently for assessment year 2016-17, filers can do an easy check and obtain their annual tax liability on a computer-based calculator hosted by the IT department.
Apr 03, 2016, 12:07 PM IST
PM Modi meets IRS probationers, tells them 'to uphold people's trust'
Prime Minister Narendra Modi on Thursday told a group of Indian Revenue Service probationers not harass honest taxpayers and work to ensure people-friendly initiatives reach the common man.
Mar 10, 2016, 23:25 PM IST
Why are taxpayers bearing the brunt of banks' irresponsibility? - Part II
Big defaulters of Bank should be punished.
Watch penal discussion on this sizzling issue here.
Why are taxpayers bearing the brunt of banks' irresponsibility?
Big defaulters of Bank should be punished.
Watch penal discussion on this sizzling issue here.
Don't share your PINs, passwords: I-T Dept tells taxpayers
Income Tax Department on Friday cautioned taxpayers not to share their PIN or password of mails saying it never ask for such details.
Feb 05, 2016, 16:31 PM IST
Scrutiny notice to seek specific details from taxpayers: CBDT
CBDT has asked its field offices to make sure the assessment notice should contain details of specific information or documents to be furnished by the assessee.
Dec 30, 2015, 16:04 PM IST
Email project between Income Tax department, taxpayer delayed
The rollout of an ambitious pilot project of Income Tax department to begin paperless and email-based communication with taxpayers has been delayed as many chosen tax offices have not sent the required data to the CBDT even after over a month-and-a-half of the go-ahead.
Dec 13, 2015, 13:18 PM IST
Income Tax dept debuts on Twitter
The handle "incometaxindia_" is aimed to keep taxpayers and other users updated about the activities of the department.
Nov 07, 2015, 19:58 PM IST
CBDT to issue pre-filled ITR forms to ease e-filing
As part of efforts to popularise the electronic mode of filing Income Tax Returns (ITRs), the CBDT is planning to provide "pre-filled" return forms to filers which will have an automatic upload of data on income and other vitals of a taxpayer.
Sep 24, 2015, 16:32 PM IST
Income Tax refunds to be sent to taxpayers in 7-10 days
The department’s Central Processing Centre (CPC) as on September 7 processed 45.18 lakh returns and issued refunds to 22.14 lakh tax payers relating to assessment year 2015-16.
Sep 13, 2015, 17:20 PM IST
17 individuals owe a whopping Rs 2.14 lakh crore tax arrears
Just 17 individuals have a whopping Rs 2.14 lakh crore as outstanding tax arrears, with each of them owing more than Rs 1,000 crore.
Jul 30, 2015, 19:54 PM IST
FinMin asks taxpayers to e-file I-T returns early
The Finance Ministry today asked taxpayers to file their I-T returns for 2015-16 early to avoid the rush towards the last date of August 31.
Jul 01, 2015, 21:16 PM IST
Working to make life easy for taxpayers: CBDT
The CBDT is working to create an atmosphere where a taxpayer's life becomes so "easy" that they are never compelled to visit an I-T department office and the hassle of paying taxes is "eliminated totally", its chief has said.
Jun 25, 2015, 14:47 PM IST
E-filing of select ITRs to begin soon
Taxpayers wanting to file online I-T returns for assessment year 2015-16, using the newly notified ITR-2 or ITR-2A forms, will have to wait for few more days as the tax department is in the process of launching the facility on its official website.
Jun 24, 2015, 19:34 PM IST
All I-T refunds to be put directly in bank accounts: CBDT
The department is also planning to fully adopt and use banking services to end the current system of sending I-T refunds over the value of Rs 50,000 via cheques through the postal department.
Jun 23, 2015, 16:35 PM IST
Govt to modify new income tax return forms
Government on Tuesday said it has decided to "modify" the new Income Tax Return (ITR) forms in wake of concerns raised over them.
May 12, 2015, 16:11 PM IST
Govt to review new income tax return forms, make them simple
Government on Saturday announced that new Income Tax Return (ITR) Forms that require disclosure of details regarding bank accounts and foreign trips undertaken by an individual will be reconsidered, a move that comes after criticism from tax experts and others.
Apr 18, 2015, 18:51 PM IST
New income tax return form to be reconsidered and simplified
The Finance Ministry on Saturday said the new income tax return (ITR) form will be reconsidered and simplified.
Apr 18, 2015, 18:13 PM IST
