Search For "tax"
IYC launches social media campaign, requests Centre to waive off GST on me
Updated : 6 years, 2 months ago IST
New Delhi [India], April 19 (ANI) The Indian Youth Congress (IYC) on Saturday urged the Centre to exempt all necessary medicines and medical equipment from the Goods and Services Tax (GST) until country wins over the coronavirus pandemic.
Read More
CBIC processed over 12K refund applications involving claims worth Rs 5575
Updated : 6 years, 3 months ago IST
New Delhi [India], April 18 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) on Friday said that it has processed 12923 refund applications of taxpayers involving claims worth Rs 5575 crore since March 30, 2020.
Read More
As a relief to MSMEs, I-T refunds worth Rs 5,204 cr issued in last 10 days
Updated : 6 years, 3 months ago IST
New Delhi [India], April 17 (ANI): The Central Board of Direct Taxes (CBDT) on Friday said that income tax refunds to nearly 8.2 lakh small businesses -- proprietors, firms, corporate and trusts -- worth Rs 5,204 crore have been issued since April 8.
Read More
Transfer Rs 7,500 to families not paying income tax: Yechury
Updated : 6 years, 3 months ago IST
New Delhi [India], April 15 (ANI): CPI-M leader Sitaram Yechury has sought a substantial increase in relief spending of the Central government in the fight against coronavirus, saying that there should be cash transfer of Rs 7,500 to families not paying income tax and distribution of free
Read More
Over 10.2 lakh refunds worth Rs 4,250 crore issued in a week: CBDT
Updated : 6 years, 3 months ago IST
New Delhi [India], April 15 (ANI): The Central Board of Direct Taxes (CBDT) said on Wednesday it has issued over 10.2 lakh refunds totalling Rs 4,250 crore as on April 14.
Read More
CBDT says collector of tax won't be considered assessee
Updated : 6 years, 3 months ago IST
New Delhi [India], April 13 (ANI): The Central Board of Direct Taxes (CBDT) on Monday issued a circular, clarifying that the collector of tax will not be considered assessee in default under certain conditions.
Read More
Auto dealers see massive layoffs amid coronavirus lockdown, call for fisca
Updated : 6 years, 3 months ago IST
New Delhi [India], April 13 (ANI): The Federation of Automobile Dealers Associations (FADA) on Monday called for a substantial reduction in Goods and Services Tax (GST) and a series of fiscal concessions to tide over the economic impact of coronavirus epidemic and subsequent lockdown.
Read More
Telangana requests Centre to remove tax on medicines, equipment
Updated : 6 years, 3 months ago IST
Hyderabad (Telangana) [India], April 11 (ANI): Telangana government on Friday requested the Centre to remove the tax on medicines and medical equipment manufactured in India as the country deals with the surging cases of COVID-19.
Read More
CBDT clarification on issue of certificates for collection of TDS, TCS
Updated : 6 years, 3 months ago IST
New Delhi [India], April 10 (ANI): To mitigate the hardships to taxpayers, Central Board of Direct Taxes (CBDT) on Thursday provided clarification on orders under Section 119 of the Income-Tax Act, 1961 issued relating to the issue of certificates for lower deduction/collection of TDS/TCS.
Read More
FMCG major Marico expects significant decline in revenue due to COVID-19 l
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], April 9 (ANI): Fast-moving consumer goods major Marico expects a decline in revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) during the fourth quarter of FY20 due to national lockdown to contain the outbreak of COVID-19.
Read More
IT Department to release all pending income-tax refunds up to Rs 5 Lakh
Updated : 6 years, 3 months ago IST
New Delhi [India], April 8 (ANI): Considering the prevailing scenario in the country due to COVID-19 and the lockdown, the Ministry of Finance decided to release all pending income-tax refunds up to Rs 5 lakh, immediately, to provide relief to companies and individuals.
Read More
PHD Chamber expects Rs 11 lakh crore stimulus package to weather impact of
Updated : 6 years, 3 months ago IST
New Delhi [India], Apr 8 (ANI): The PHD Chamber of Commerce and Industry on Wednesday suggested a stimulus package of Rs 11 lakh crore from the government to mitigate the impact of pandemic COVID-19 on economy, trade and industry.
Read More