Search For "income tax"
CBDT to scrutinise 0.35% IT returns filed last year
Updated : 7 years, 11 months ago IST
New Delhi [India], Aug 10 (ANI): The Central Board of Direct Taxation (CBDT) on Thursday said that only 0.35 per cent of the Income Tax returns, filed last year will be scrutinised.
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IT Dept detects undisclosed income of Rs. 125 Cr under FATCA
Updated : 7 years, 11 months ago IST
New Delhi [India], Aug 2 (ANI): The Income Tax Department (IT) has detected undisclosed income worth Rs. 125 Crore under the Foreign Account Compliance Act (FATCA).
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IT officers provide financial aid to govt school in Bhopal
Updated : 7 years, 11 months ago IST
Bhopal (Madhya Pradesh) [India], Aug 1 (ANI): Since last one year, a group of Income Tax officers from Bhopal have been donating a part of their salaries for the education of the students of the Shaskiya Prathamik Primary School in Shahpura area.
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Congress denies reports of tax abolition plan
Updated : 7 years, 11 months ago IST
New India (India), July 27(ANI): Congress spokesperson Randeep Surjewala on Friday dismissed the reports which suggested that Congress is mulling to abolish income tax for people under 35 years of age if it comes to power in 2019.
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Deadline for filing ITR extended
Updated : 7 years, 11 months ago IST
New Delhi [India], July 27 (ANI): The income tax department has extended the last date for filing tax returns by one month.
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RBI should prove credibility of demonetisation: VP
Updated : 7 years, 11 months ago IST
New Delhi [India], July 23 (ANI): Vice President M Venkaiah Naidu on Monday urged the Reserve Bank of India to prove credibility of the money deposited in banks after the Centre's demonetisation move at the earliest in order to maintain the credibility of the reform.
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2 crore seized at Mughalsarai railway station
Updated : 7 years, 11 months ago IST
New Delhi (India), July 21 (ANI): Police authorities on Saturday seized Rs. 2 crore from Mughalsarai railway station and arrested two people.
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Rs 163cr cash, 100 kg gold biscuits seized in TN
Updated : 7 years, 11 months ago IST
New Delhi [India], July 17 (ANI): The Income Tax (IT) department on Monday stated to have seized Rs. 163-crore in cash and about 100-kg gold bars following raids at multiple premises of a road construction firm in Tamil Nadu.
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IT sleuths to prosecute EO involved in converting Black Money into white
Updated : 7 years, 12 months ago IST
New Delhi [India], July 10 (ANI): The Income Tax Department has made a list of 100 Entry Operators (EO) who were found converting black money into white on commission basis. IT sources said these people have accepted that they took commission of 3-5 per cent and routed the money through t
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ClearTax to simplify taxes for over 10 lakh salaried employees serviced by
Updated : 8 years ago IST
New Delhi [India], July 6 (ANI): Amid a wave of synergies in the digital space, ClearTax announced its partnership with Excelity Global to offer end-to-end income tax solutions to the lakhs of employees that use Excelity's software in India.
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RIL becomes India's largest tax payer in the private sector
Updated : 8 years ago IST
New Delhi [India], July 5 (ANI): Reliance Industries Chairman Mukesh Ambani on Thursday said that Reliance is India's largest payer of Goods and Services Tax (GST), Excise and Customs Duty, and Income Tax in the private sector.
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IT Dept. expedites clearance of pending issue of refunds
Updated : 8 years ago IST
New Delhi [India], July 4 (ANI): The Income Tax Department on Wednesday notified that processing of more than 99 percent of refund under the income-tax returns has been cleared with effect and rectification.
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