New Delhi [India], Aug 29 (ANI): The Protocol for amendment of the Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains between India and Mauritius was signed by both countries on 10th May, 2016.
New Delhi, Aug.19 (ANI): The Central Board of Direct Taxes had proactively released data relating to direct tax collections, PAN allocation and distribution of income in the returns for AY 2012-13 earlier in April, 2016.
New Delhi, Aug 18 (ANI): The Income Declaration Scheme, 2016 (the Scheme) provides an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets.
New Delhi, Aug 4 (ANI): The Central Board of Direct Taxes (CBDT) announced entering into a Bilateral Advance Pricing Agreement (APA) with the Indian subsidiary of a Japanese trading company.
New Delhi, July 30 (ANI): As per provisions of Section 139(1) of Income-tax Act 1961, Central Board of Direct Taxes (CBDT) on Friday extended the due date for filing returns of Income for Assessment Year 2016- 2017 from July 31 to August 5 in case of taxpayers throughout India, who are liab
New Delhi, july 27 (ANI): The Centre and states have agreed on the principle to keep Goods and Services Tax (GST) rates lower than the current levels of taxes.
New Delhi, July 24 (ANI): As prospects for passage of the Goods and Services Tax Bill in Parliament improve, the telecom industry has impressed upon the government to come out with a clear cut position with regard to levy of taxes on Value Added Services (VAS) even as the firms across the en
New Delhi, July 18 (ANI): The Central Board of Direct Taxes (CBDT) entered into seven Unilateral Advance Pricing Agreements (APAs) today with Indian taxpayers including a few agreements with a rollback provision.
New Delhi, July 18 (ANI): Congress leader Rajeev Shukla today said that the government should accept their suggestions and scrap additional taxes to ensure passage of the crucial Goods and Services Tax (GST) Bill.
New Delhi, July 14 (ANI): The Central Board of Direct Taxes (CBDT), which falls under the jurisdiction of the Ministry of Finance, on Thursday announced that it is revising time schedule for making payments under the Income Declaration Scheme-2016, keeping in mid the practical difficulties b