Search For "taxes"
Andhra minister opposes GST cess on sugar
Updated : 7 years, 10 months ago IST
New Delhi [India], May 04 (ANI): Andhra Pradesh Minister of Finance and Planning, Commercial Taxes and Legislative Affairs Yanamala Ramakrishnudu has written a letter to the Chairman, Goods and Services Tax (GST) Council requesting not to impose the cess on sugar.
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CBDT achieves milestone by signing its 200th UAPA in April
Updated : 7 years, 10 months ago IST
New Delhi [India] May 3 (ANI): The Central Board of Direct Taxes (CBDT) has achieved another milestone by signing its 200th Unilateral Advance Pricing Agreement (UAPA) in April, 2018.
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CBDT notifies introduction of section 112A in the Act
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr 24 (ANI): Central Board of Direct Taxes (CBDT) on Tuesday notified that the Finance Act, 2018 has withdrawn the exemption under clause (38) of section 10 of the Income-tax Act, 1961 (the Act) and has introduced a new section 112A in the Act.
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CBDT invites comments to improve transparency in tax rulings
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 14 (ANI): The Central Board of Direct Taxes on Saturday invited comments on draft notification proposing amendment to Rule 44E, Form 34C, 34D and 34DA as per Base Erosion and Profit Shifting (BEPS) Action 5, for improving transparency in tax rulings.
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CBDT eases requirement for obtaining PAN card for corporate assesses
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr 15 (ANI): Central Board of Direct Taxes on Saturday notified the procedure for corporate assesses to obtain a PAN card, saying that in case of a company, an application for incorporation, allotment of Permanent Account Number (PAN) and allotment of Tax Deduction and Co
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CBDT notifies protocol to amend India-Kazakhstan tax treaty
Updated : 7 years, 11 months ago IST
New Delhi [India] April 13 (ANI): The Central Board of Direct Taxes (CBDT) on Friday notified the protocol amending the Double Taxation Avoidance Convention (DTAC) between India and Kazakhstan.
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Trump dubs China's trade policies 'stupid'
Updated : 7 years, 11 months ago IST
New Delhi [India], April 9 (ANI): United States President Donald Trump yet again took a dig at the Chinese trade policies while blaming the latter for procuring higher taxes on the import of automobiles and calling it as "Stupid Trade".
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CBDT facilitates seamless tax payment; notifies simplified ITR form
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 5 (ANI): The Central Board of Direct Taxes(CBDT) on Thursday released a one-page simplified Income Tax Returns (ITR) Form-1(Sahaj) for the assessment year 2018-19, similar to that of the previous assessment year.
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CBDT amends Section 16 of Income Tax Act
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 05 (ANI): The Central Board of Direct Taxes (CBDT) on Thursday announced that the Finance Act, 2018 has amended Section 16 of the Income Tax Act, 1961.
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CBDT signs 14 unilateral APAs, 2 bilateral APAs
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 3 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday said that it has entered into 14 Unilateral Advance Pricing Agreements (UAPA) and two Bilateral Advance Pricing Agreements (BAPA) during the month of March, 2018.
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Govt disburses GST refunds of Rs 17.6K crore to exporters
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 2 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) on Monday announced the disbursal of Rs 17,616 crore worth Goods and Services Tax (GST) refunds to exporters, along with the approval of nearly 90 percent of IGST claims.
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Direct tax collected in FY 2017-18 sees 17.1% YoY growth
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 2 (ANI): The provisional figures of Direct Tax collections for Financial Year 2017-18 witnessed a 17.1 percent increase compared to net collections for FY 2016-17, the Central Board of Direct Taxes (CBDT) said on Monday.
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