Search For "taxpayer"
RBI offices to remain open for greater convenience of taxpayers on March 3
Updated : 2 years, 2 months ago IST
In a statement on special measures for the current financial year (2023-24) and in the wake of the annual closing of government accounts, the Reserve Bank said that electronic transactions can be done till the stipulated time on both days (March 30 and March 31).
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CBDT identifies mismatches in ITR, third party information; function made
Updated : 2 years, 2 months ago IST
The Income Tax Department on Monday said it has identified certain mismatches between the information received from third parties on interest and dividend income, and the Income Tax Return (ITR) filed by taxpayers, the Central Board of Direct Taxes said. In many cases, it said taxpayers h
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Finance Ministry warns taxpayers about fake summons for GST violations
Updated : 2 years, 3 months ago IST
According to recent observations, individuals with fraudulent intentions are generating and dispatching fake summons to taxpayers, regardless of whether they are under investigation by the DGGI, read the press release by the Ministry of Finance.
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Pakistan International Airlines debt now rests on taxpayers shoulders
Updated : 2 years, 3 months ago IST
Islamabad: The government and banks have decided on a plan to restructure PIA's debt, totalling Rs268 billion. The Ministry of Finance, which initially didn't want to include PIA's debt in the overall public debt, has changed its mind. Now, they agreed to use the budget to pay both the princ
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Indian tax payers migrating to higher range of total gross income: SBI Res
Updated : 2 years, 4 months ago IST
The income tax returns filed by individual taxpayers in India earning between Rs 5 lakh and Rs 10 lakh climbed by 295 per cent in the assessment years 2013-14 and 2021-22, showing a positive trend of migration to a higher range of gross total income, according to a report by SBI Research.
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"Is he renowned financial expert?" asks Kumaraswamy after Siddaramaiah nam
Updated : 2 years, 4 months ago IST
"Basavaraj Raya Reddy who is a loyalist to the Chief Minister has also been made as financial advisor to CM Siddaramaiah. Is he the world's renowned economist? What's the use of appointing them with cabinet rank using state taxpayers' money?" HD Kumaraswamy said while addressing a press conf
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Explore Last Minute Tax-Saving Options on Bajaj Markets
Updated : 2 years, 5 months ago IST
Pune (Maharashtra) [India], December 8: Bajaj Markets, an online marketplace and a subsidiary of Bajaj Finserv, offers a host of tax-saving tools across categories like investments, loans, and insurance. As the ITR filing deadline approaches, individuals seeking last-minute options to save o
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Chamber of Trade and Industry advocates caste census for taxpayers in lett
Updated : 2 years, 5 months ago IST
CTI Chairman Brijesh Goyal has penned a letter to Prime Minister Narendra Modi, urging the government to conduct a caste survey to shed light on the economic dynamics influenced by different sections of society.
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Automation boosts taxpayers' trust - 89 per cent report swift income tax r
Updated : 2 years, 6 months ago IST
Commenting on the survey results, R Dinesh, President, CII said "The extensive measures which have been introduced by the government in the recent years to streamline, simplify and automate the taxation regime have borne rich dividends as is evident from the upbeat survey results on assessin
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Delhi Customs creating awareness through virtual reality to deter smugglin
Updated : 2 years, 6 months ago IST
The pavilion has six dedicated Helpdesks on GST, Customs, GSTN, ICEGATE and CBIC Mitra to help guide the taxpayers and public regarding Rules/Processes and to address their issues on the spot.
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Direct Taxes Data shows improved Taxpayer compliance
Updated : 2 years, 6 months ago IST
Income Tax Department has, over the years, focused on several measures to ensure ease in compliance of taxpayers and transparent tax administration. In line with transparency in its functioning, the Department had released the Time Series Data of Direct Taxes and Income Tax Return statistics
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"Income inequalities increasing under Modi Govt," alleges Jairam Ramesh
Updated : 2 years, 7 months ago IST
The analysis of income tax returns reveals a widening gap between the ultra-rich and the middle class during the tenure of the Modi government. The data speaks volumes--during the financial year 2013-14, the top 1 per cent of income taxpayers collectively accounted for 17 per cent of all inc
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