Search For "income tax"
CBDT clarifies stance on recovery of Rs 36 lakhs from start-up
Updated : 7 years, 4 months ago IST
New Delhi [India], Feb 9 (ANI): Central Board of Direct Taxes (CBDT) on Friday clarified that Rs 36 lakh have been recovered from a start-up, namely, Travel Khana as part of recovery of outstanding demand on account of Angel Tax.
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Cabinet approves abolition of institution of income tax and direct tax omb
Updated : 7 years, 5 months ago IST
New Delhi [India], Feb 6 (ANI): The Union Cabinet has approved the proposal for Abolition of Institution of Income-Tax Ombudsman and Indirect Tax Ombudsman.
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Day 2 Farmers' protests continue at DND flyway
Updated : 7 years, 5 months ago IST
New Delhi [India], Feb 2 (ANI): Scores of farmers blocked the Delhi-Noida (DND) flyway on Saturday, as they continued their agitation demanding fourfold compensation in lieu of their land acquisition.
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Working on digital IT refund generation in 24hrs: Piyush Goyal
Updated : 7 years, 5 months ago IST
New Delhi [India], Feb 1 (ANI): Union Finance Minister Piyush Goyal on Friday said the Centre is working on a method to ensure digital generation of income tax refund within 24 hours from the time of filing for returns.
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Interim Budget: Income Tax exemption raised to Rs 5 lakh, financial suppor
Updated : 7 years, 5 months ago IST
New Delhi [India], Feb 1 (ANI): The government on Friday raised the Individual Income Tax exemption limit to Rs 5 lakh per annum and announced a major financial support scheme for the farmers as well as a pension scheme for the unorganised sector as it presented a ‘feel-good’ interim Budget
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Budget 2019: Increase in tax exemption limit gets thumbs up
Updated : 7 years, 5 months ago IST
New Delhi [India], Feb 1 (ANI): Union Finance Minister Piyush Goyal’s proposal to increase the income tax exemption limit to Rs 5 lakh in the interim Budget on Friday got the thumbs up from people.
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Those earning up to Rs 8 lakhs should be exempted from paying tax: Shiv Se
Updated : 7 years, 5 months ago IST
New Delhi [India], Jan 31 (ANI): Ahead of the interim budget, the Shiv Sena said it wants the central government to exempt those earning up to Rs 8 lakhs per annum from paying income tax.
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I-T department conducts raid at 74 places in Tamil Nadu
Updated : 7 years, 5 months ago IST
Chennai (Tamil Nadu) [India] Jan 29 (ANI): The Income Tax Department on Tuesday launched raids at 74 places across the state of Tamil Nadu in connection with tax evasion probe against realty business holders and Saravana Stores in the state.
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CBDT using data analytics to identify people not filing tax returns
Updated : 7 years, 5 months ago IST
New Delhi, Jan 23 (ANI): The Central Board of Direct Taxes (CBDT) is identifying poeple through a non-filers monitoring system by using data analytics and has asked them to assess their tax liability for assessment year 2018-19, file the income tax returns or submit online response within
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Show-cause notices will be issued to MLAs abstaining from CLP meeting in K
Updated : 7 years, 5 months ago IST
Kolkata (West Bengal), [India], Jan 19 (ANI): Senior Congress leader Mallikarjun Kharge on Saturday said that the party would issue a show-cause notice to two MLAs who did not attend the CLP meeting held in Bengaluru on Friday, asking for an explanation from them.
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Cabinet nod to integrated e-filing and centralised processing centre
Updated : 7 years, 5 months ago IST
New Delhi (ANI), Jan 16 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved Rs 4,241.97crore for integrated e-filing and centralised processing centre--2.0 Project-of the Income Tax Department.
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BJP is threatening our MLAs in Karnataka: Mallikarjun Kharge
Updated : 7 years, 5 months ago IST
New Delhi [India], Jan 16 (ANI): Senior Congress leader Mallikarjun Kharge has alleged that the BJP is scaring his party MLAs in Karnataka by taking the name of institutions like CBI, CVC, Income Tax, and ED in a bid to gain their support.
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