Search For "income"
Post Budget reaction from technology, education, retail, BFSI and others
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 27 (ANI-NewsVoir): Union Budget 2017-18 is a big relief for the common masses from reduction in personal income tax to sops for affordable housing - the Finance Minister has announced various measures to benefit farmers and weaker sections of the society.
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I-T department identifies 235 cases of 'Benami' transactions
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 22 (ANI): The Income Tax Department has identified 235 cases for 'benami' transactions and properties till mid-February 2017.
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Making valuable items out of used tyres has become source of income in Nag
Updated : 8 years, 7 months ago IST
Dimapur (Nagaland) [India], Feb. 17 (ANI): In the Burma camp area of Dimapur town in Nagaland, a section of people are making efforts to get the best out of tyres by reusing and recycling them and giving them various usable shapes.
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Expeditious issue of refunds is a high priority for CBDT
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 13 (ANI): The Centralised Processing Centre (CPC) of the Income Tax Department (ITD) on Monday said that it has processed over 4.19 crore Income Tax Returns (ITRs) and issued over 1.62 crore refunds during the current financial year up to 10th February, 2017.
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Reply date for I-T queries on deposits during demonetisation extended till
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 12(ANI): The Income Tax Department has extended the date for replying to the queries on cash deposits during the demonetisation period till February 15.
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UBI may be launched as a pilot, says Arun Jaitley
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 10 (ANI): Extolling virtues of the Universal Basic Income, Finance Minister Arun Jaitley on Friday said that at least one state is willing to take a plunge and launch a pilot on the scheme, proposed by the Economic Survey.
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CBDT issues third round of certificates to tax payers
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 8 (ANI): In continuation of the initiative of the government to acknowledge the contribution of tax payers by paying taxes towards nation building and promptness in filing of Income Tax Returns, Central Board of Direct Taxation (CBDT) has issued the third round of Cert
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1100 searches conducted, Rs.5400 crore undisclosed income detected by inco
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb.8 (ANI): Minister of State for Finance Santosh Kumar Gangwar has informed Shimla Member Parliament Virender Kashyap and 10 other Members of Parliament in the Lok Sabha that the Income Tax Department conducted more than 1100 searches, seizures and surveys and issued mor
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PNB Q3 profit up four fold at Rs. 207crore
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 7 (ANI): State-run lender Punjab National Bank on Tuesday announced an increase of four-fold in its profit to Rs. 207.2 crore in October-December quarter compared with Rs. 51.01 crore in same quarter last year, which was driven by other income and lower provisions.
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Tax payers disclose black money with no official estimation of percentage
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 7 (ANI): In the last financial year (2015-16) 648 disclosures involving undisclosed foreign assets worth Rs.4164 crore were made in the one-time three months' compliance window ending 30th September 2015, under the Black Money (Undisclosed Foreign Income and Asset
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India, Austria sign protocol amending 'India-Austria Double Taxation
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 7 (ANI): The Central Board of Direct Taxation (CBDT) on Tuesday announced that India and Austria signed a protocol amending the existing convention between the two countries for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on
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Delhi: CBI registers case against Income Tax Commissioner over disproporti
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 6 (ANI): The Central Bureau of Investigation (CBI) on Monday registered a case against an Income Tax Commissioner (Appeals), his wife and unknown others in Delhi for possession of an alleged disproportionate assets of approximately Rs.4.28 crore.
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