Search For "income tax"
Fugitive business tycoon loses Taiwan citizenship
Updated : 1 year, 9 months ago IST
The government of Taiwan has revoked the Republic of China (ROC) citizenship of fugitive business tycoon Chen Yu-hao, who has been living in China for 22 years. This decision follows the discovery that Chen obtained household registration in China. Chen, who acquired Chinese citizenship in 2
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Court refuses to give directions to FSL for comparison of Signature allege
Updated : 1 year, 9 months ago IST
A Special Income Tax Court at Tis Hazari Delhi has refused to give a direction to Forensic Science Laboratory (FSL) Rohini to furnish a comparison report of hand writing regarding a signature allegedly used by an accused to open a bank account in Singapore. The court said that the applica
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Central Board of Direct Taxes extends deadline for filing audit reports of
Updated : 1 year, 9 months ago IST
The Central Board of Direct Taxes (CBDT) has announced an extension for the filing of various audit reports for the financial year 2023-24.
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CBDT notifies 'Direct Tax Vivad Se Vishwas Scheme, 2024' to resolve pendin
Updated : 1 year, 9 months ago IST
This scheme, aimed at resolving pending income tax disputes, will come into effect from October 1. It seeks to provide an efficient framework for taxpayers to settle their outstanding appeals, streamlining the resolution process for various tax-related disputes.
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MP: Retired income tax officer arrested for assaulting minor in Harda
Updated : 1 year, 9 months ago IST
In a disturbing incident, a retired income tax officer was arrested for allegedly forcing a minor to clean sewage while using his shirt.
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Direct tax collection soars, gross collections surge by 21% to reach at Rs
Updated : 1 year, 9 months ago IST
India's direct tax net collection for the financial year 2024-25 has seen a significant surge, with an increase of 21.48 per cent as of 17 September this year, the data from the Central Board of Direct Taxes (CBDT) shows.
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SEBI chief, her husband term all recent allegations against them as "false
Updated : 1 year, 9 months ago IST
Madhabi and Dhaval Buch asserted that their income tax returns have been obtained by the accusers by illegally and by adopting fraudulent means.
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Former bureaucrats, eminent ex-servicemen join BJP in presence of Union Mi
Updated : 1 year, 9 months ago IST
"It is a matter of great joy that distinguished retired civil servants who devoted their entire life to civil service career - whether they were generals in the armed forces, chief commissioners of Income Tax, or members of the Board of Direct Taxes, retired ambassadors, expressed their d
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Govt universities, research centers exempted from IT won't have to pay GST
Updated : 1 year, 10 months ago IST
Universities and research centers that have been established by a law of the Central Government; or established by a law of the State Governments; or that have obtained income tax exemption can receive research funds both from the government and from the private and they would not be subject
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Despite increased Capex, Government on the path of fiscal prudence says An
Updated : 1 year, 10 months ago IST
The central government is continuously moving on the path of fiscal prudence with the fiscal deficit of the government on July 24 declining to Rs 1.41 lakh crore as compared to Rs 1.54 lakh crore in the corresponding period last year, as per a report by Anand Rathi, a financial services comp
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Sitharaman says "numbers speak for themselves" as Indians increasingly opt
Updated : 1 year, 10 months ago IST
In the Budget for 2020-21, the government, in order to provide relief to individual taxpayers and to simplify the income-tax law, had proposed to bring a new and simplified personal income tax regime wherein income tax rates were significantly reduced for those who forgo certain deductions a
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Charting Your Future Growth: Navigating FD Interest Rates Across Various I
Updated : 1 year, 10 months ago IST
New Delhi [India], August 21: Fixed Deposits (FDs) have long been a cornerstone of investment strategies for countless Indian investors. This is due to low-risk and assured returns. As a result, FDs serve as a vital savings tool, particularly for those looking to secure their financial fu
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