Search For "taxes"
Tax refunds worth Rs 26,242 crore to tax assesses since April 1: CBDT
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): The Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 tax assesses since 1st April to 21st May 2020.
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Soldier's widow donates to PM CARES fund: Moved by gesture, CDS urges peop
Updated : 5 years, 10 months ago IST
New Delhi [India], May 16 (ANI): Moved by the gesture of an 82-year-old widow of a soldier who lost his life in the 1965 war to donate Rs 2 lakhs to PM CARES fund, Chief of Defence Staff (CDS) General Bipin Rawat on Saturday urged everyone to follow her example.
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Delhi HC to hear plea seeking tax exemption for machines manufacturing fac
Updated : 5 years, 10 months ago IST
New Delhi [India], May 10 (ANI): The Delhi High Court on Monday will hear a petition seeking an exemption of taxes on manufacturing machines for producing high-quality face masks and personal protective equipment (PPE) kits.
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OMCs' margins to take a hit post increase in taxes: Ind-Ra
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 9 (ANI): The recent hike in additional customs and excise duties on petrol and diesel will meaningfully affect profitability and leverage profile of the three public oil marketing companies (OMCs), according to India Ratings and Research.
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CBDT amends Rule 44G of Income-tax Rules 1962
Updated : 5 years, 10 months ago IST
New Delhi [India], May 8 (ANI): Central Board of Direct Taxes on Thursday has amended Rule 44G of Income-tax Rules, 1962 for making an application to invoke the mutual agreement procedure in Form no. 34F.
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Economically anti-national: Congress slams 'draconian' govt for raising ta
Updated : 5 years, 10 months ago IST
New Delhi [India], May 6 (ANI): Congress leader Randeep Singh Surjewala on Wednesday slammed the central government for raising "insurmountable" taxes on petrol and diesel, and termed it "economically anti-national".
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Hike in fuel excise to increase tax collection by $21 billion: Moody's
Updated : 5 years, 10 months ago IST
New Delhi [India], May 6 (ANI): The government's increase in petrol and diesel taxes by 21 dollars a barrel and 27 dollars a barrel will result in tax collection increasing by about 21 billion dollars if the tax hike is maintained for a full year, Moody's Investors Service said on Wednesd
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CBIC extends validity of e-way bills till May 31
Updated : 5 years, 10 months ago IST
New Delhi [India]. May 6 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) has extended the validity of electronic way (E-way) bills, whose expiry date fell between March 20 and April 15, till May 31.
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3 IRS officers chargesheeted, stripped of charge for publishing unauthoris
Updated : 5 years, 11 months ago IST
New Delhi [India], April 27 (ANI): The Central Board of Direct Taxes (CBDT) has issued the chargesheet to three senior IRS officers under Rule 14 of CCS (CCA) Rules, 1965, for the violation of CCS (Conduct) Rules, 1964, and has divested them of their current responsibilities.
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IRS Association's FORCE report an irresponsible act of few officers: Finan
Updated : 5 years, 11 months ago IST
New Delhi [India], April 27 (ANI): An ill-conceived report named as Fiscal Options and Response to Covid-19 Epidemic (FORCE) put up by a group of officers through the Indian Revenue Service (IRS) Association giving suggestions on increasing taxes and releasing the same in media through IRS A
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Importers, exporters may submit an undertaking in lieu of Bond till May 15
Updated : 5 years, 11 months ago IST
New Delhi [India], April 21 (ANI): In order to further facilitate exim trade in the COVID-19 lockdown period, the Central Board of Indirect Taxes and Customs (CBIC) on Tuesday extended relaxation for submission of a bond to the customs. Now importer and exporter will be able to submit an und
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E-mails for facilitating faster tax refund can't be misconstrued as harass
Updated : 5 years, 11 months ago IST
New Delhi [India], April 21 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday said that its email seeking clarification from all those who are entitled to get tax refund but also have outstanding tax to pay cannot be misconstrued as harassment.
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