Search For "taxation"
CBDT issues third round of certificates to tax payers
Updated : 8 years, 6 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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India, Austria sign protocol amending 'India-Austria Double Taxation
Updated : 8 years, 6 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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India and Austria sign a Protocol amending the Double Taxation Avoidance C
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 6 (ANI): India and Austria signed a Protocol on Monday, amending the existing convention between the two countries for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income.
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There is inconsistency in filing income tax, says CBDT Chairman
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 6 (ANI): Out of a total of 15 lakh companies in India, over 50 percent of them are not filing income tax returns, said Sushil Chandra, Chairman, Central Board of Direct Taxation (CBDT).
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Not 10 but 5 percent tax for individuals earning between Rs. 2.5 lakh to R
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb.1 (ANI): Giving details of proposals on personal income tax, Finance Minister Arun Jaitley said on Tuesday while presenting his fourth budget, that the existing rate of taxation for individual assesses between income of Rs. 2.5 lakh to Rs. 5 lakh will be reduced to fiv
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Honest tax-payers will still be burdened: ASSOCHAM
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 1 (ANI): ASSOCHAM General Secretary D. S. Rawat said that with all the hype about lenient taxation and investment policies, the budget was unable to live up to expectations.
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Govt. alters tax slabs with 5 pct reduction in income of Rs. 2.5-5 lakh
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 1 (ANI): In a sign of relief for the people in the lower brackets of income tax, Finance Minister Arun Jaitley today announced reduction in the existing rate of taxation for individuals with income between 2.5 lakh to five lakh to five percent instead of 10 percent wi
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Remonetisation and easing taxation is crucial, says ASSOCHAM
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 1 (ANI): ASSOCHAM President Sunil Kanoria lauded the Economic Survey that was presented on Tuesday, hailing it to be a correct analysis of the impact of demonetisation on society.
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Biodiesel body seeks continuation of Central Excise exemption
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 30 (ANI): Biodiesel Association of India (BDAI), the apex industry body for bio-diesel in its pre-Budget memorandum to the government of India has recommended that India needs promotional policy and taxation rates for green fuel biodiesel. The Association said that pr
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CBDT issues clarifications on implementation of GAAR provisions under Inco
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan 27 (ANI): The Central Board of Direct Taxation (CBDT) on Friday issued the provisions of General Anti Avoidance Rule (GAAR) contained in Chapter X-A of the Income Tax Act, 1961, with the provisions effective from assessment year 2018-19 onwards, i.e. financial year 201
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India, UAE to strengthen mechanisms for exchange of information in tax mat
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan 26 (ANI): India and UAE have agreed to further strengthen their mechanisms for exchange of information in tax matters under the existing Double Taxation Avoidance Agreement.
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CBDT issues clarification on indirect transfer provision under the IT Act,
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan 18 (ANI): The Central Board of Direct Taxation (CBDT) on Wednesday issued clarification on Indirect Transfer provisions in respect to circular no. 41/2016, which was issued on December 21, 2016.
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