New Delhi [India], July 17 (ANI): The Central Board of Direct Taxes (CBDT) said on Friday it issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases till a week ago to help taxpayers with liquidity in the Covid-19 pandemic days.
New Delhi [India], July 17 (ANI): 1,377 exporters who have been fraudulently claiming Integrated GST refund amounting to Rs 1,875 crores, have been found untraceable at their principal place of business, said Union Finance Ministry sources.
New Delhi [India], July 15 (ANI): The Indian Farmers Fertilser Cooperative (IFFCO) said on Wednesday it posted the highest ever net profit after tax (PAT) of Rs 1,005 crore during the last fiscal year 2019-20.
Mumbai (Maharashtra) [India], July 15 (ANI): Oberoi Realty Ltd has reported a consolidated profit after tax of Rs 251 crore in the quarter ended March as against Rs 156 crore in Q4 FY19.
Chennai (Tamil Nadu) [India], July 14 (ANI): Tamil Nadu Trailers Association on Tuesday staged a demonstration outside the Regional Transport office in Chennai, demanding waiver of road tax of commercial motor vehicles for the lockdown period.
Washington DC [US], July 13 (Sputnik/ANI): Wealthy individuals, calling themselves Millionaires for Humanity, on Monday in an open letter called on governments to increase taxes on rich people to help cope with the coronavirus pandemic and its consequences.
Jaipur (Rajasthan) [India], July 13 (ANI): The Income Tax Department on Monday conducted raids at several locations in the state, including at properties of two Congress leaders including Rajiv Arora, who is a member of State Congress Office.
New Delhi [India], July 11 (ANI): Miniratna public sector enterprise Ircon International has clocked 27 per cent growth in its standalone profit after tax of Rs 122 crore in the fourth quarter ended March (Q4 FY20) against Rs 96 crore in the corresponding period of previous fiscal.
Washington DC [USA], July 10 (ANI): The US Supreme Court on Thursday (local time) granted Manhattan prosecutors access to obtain President Donald Trump's financial records and tax returns.
New Delhi [India], July 8 (ANI): A formal Memorandum of Understanding (MoU) was signed on Wednesday between the Central Board of Direct Taxes (CBDT) and the Securities and Exchange Board of India (SEBI) for data exchange between the two organisations.
New Delhi [India], July 6 (ANI): The government is not considering any proposal to merge the Central Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC), the Union Finance Ministry said on Monday.