New Delhi [India], Nov. 10 (ANI): Union Finance Minister Arun Jaitley on Thursday assured that people depositing smaller amounts less than 2.5 lakh would not attract harassments from the Income Tax (IT) officials, adding that the banks across the country would open on weekends and extend the
New Delhi [India], Nov. 10 (ANI): The government has warned that the cash deposits above Rs. 2.5 lakh threshold under the 50-day window could attract tax plus a 200 percent penalty if the cash deposited in bank accounts doesn't match with income declared.
Washington D.C. [USA], Nov. 5 (ANI): Food Hero, a social marketing campaign designed to increase fruit and vegetable consumption among low-income families in Oregon, has been found effective to help them eat more nutritious meals through fast, tasty, affordable and healthy recipes.
New Delhi [India], Nov. 1 (ANI): Sushil Chandra, a 1980 batch officer of Indian Revenue Service (Income Tax cadre), today joined as Chairperson of Central Board of Direct Taxes(CBDT).
New Delhi [India], Nov 1 (ANI): Senior Indian Revenue Service officer Sushil Chandra will take over as the new chairman of Central Board of Direct Taxes (CBDT), the policy-making body for the Income Tax department.
New Delhi [India], Oct 26 (ANI): Central Board of Direct Taxes (CBDT) had proactively released in April, 2016 time-series data relating to direct tax collections, number of taxpayers, cost of collection, etc., data of number of PAN allotted and data relating to distribution of income and tax
New Delhi [India], Oct.19 (ANI): The Directorate of Income Tax (Intelligence and Criminal Investigation) conducted a seminar of Tuesday on quoting of PAN in respect of transactions of sale or purchase of automobiles above Rs.2 lakh and furnishing of statement of financial transaction in case
New Delhi (India), Oct. 4 (ANI): Delhi's Health Minister Satyendra Jain appeared before Income Tax Department officials on Tuesday to establish his bonafides and clear his name with regard to allegations that he was involved in hawala transfers worth nearly Rs. 17 crores.
New York [United States], Oct. 3 (ANI): Republican presidential candidate Donald Trump had declared a loss of USD 916 million on his 1995 income tax returns - a tax deduction so substantial that experts say it could have allowed him to legally avoid
New Delhi [India], Sept.30 (ANI): The British High Commission today announced the launch of DevTech Awards - a new award that recognizes entrepreneurs who create innovative solutions that benefit people from low-income population in India.
New Delhi [India], Sept. 30 (ANI): Today is the last day for making declaration of unaccounted wealth under the Income Disclosure Scheme and declarations can be made online as well as in printed copies in prescribed form till today midnight.
New Delhi, [India], Sept. 27 (ANI): After Delhi Health Minister Satyendra Jain was summoned by the Income Tax department, the Congress on Tuesday dubbed the Aam Aadmi Party (AAP) as the hallmark of corruption and immorality and demanded the former's resignation.