New Delhi [India], August 11 (ANI): Chief Economic Advisor Arvind Subramanian on Friday stated that while farmer loan-waivers will be deflationary, state governments must accommodate these either by reducing expenditure, or increasing tax rates.
New Delhi [India], Aug 9 (ANI): The Central Board of Direct Taxes (CBDT) on Wednesday announced the collections made under Direct Tax up to July, 2017 standing at Rs. 1.90 lakh crore which is 19.1 percent higher than the net collections for the corresponding period of last year.
New Delhi [India], August 7 (ANI): The Central Board of Direct Taxes (CBDT) on Monday highlighted a 25 percent increase in the number of Income Tax Returns (ITRs) filed in the current fiscal, on the backdrop of economic reform, including demonetisation and the Income Tax Department's (I
New Delhi [India], Aug 7 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy has written a letter to Prime Minister Narendra Modi stating that the Central Bureau of Direct Taxes (CBDT) is not taking action against Karti Chidambaram and P. Chidambaram, further alleging that some offi
New Delhi [India], August 4 (ANI): In order to facilitate the manual filing of Income Tax (IT) returns, the Central Board of Direct Taxes (CBDT) has notified that necessary arrangements be made for receiving IT returns up to midnight on Saturday in all IT offices across the country.
New York [US], August 1 (ANI): Real Madrid star Cristiano Ronaldo, who appeared in a Madrid court on Monday in connection with a tax evasion case, told a Spanish judge that he had "never tried to avoid taxes".
New Delhi [India], July 31 (ANI): The Central Board of Direct Taxes (CBDT) on Monday announced entering into nine Unilateral Advance Pricing Agreements (UAPAs) with Indian taxpayers.
New Delhi [India], July 29 (ANI): Amid reports of an extension of the last date to file for Income Tax returns, the Central Board of Direct Taxes (CBDT) on Saturday while denying the same said no such proposal was made.
New Delhi [India], July 11 (ANI): Dismissing media reports circulating about taxes levied on free food supplied in anna kshetras run by religious institutions under the Goods and Services Tax (GST), the Finance Ministry clarified that such food will not attract any charges.
New Delhi [India], July 10 (ANI): Finance Minister Arun Jaitley on Monday launched the taxpayers service module and mobile app 'Aaykar Setu', which is an initiative by the Central Board of Direct Taxes (CBDT) to provide better taxpayer services and reduce taxpayer grievances.
Chennai (Tamil Nadu) [India] July 6 (ANI): After Tamil Nadu theatre owners and distributors demanded for a low taxation, the Communist Party of India (Marxist) on Thursday said the Goods and Service Tax (GST) has gone against the interest of the poor and middle class people, and urged the Ce
New Delhi [India], June 19 (ANI): The Central Board of Direct Taxes (CBDT) has notified Rule 10CB of Section 92CE under the Income Tax Act, 1961, operationalising provisions of secondary adjustment.