New Delhi [India], Aug 24 (ANI): The Finance Ministry on Monday recounted several achievements of former Finance Minister Arun Jaitley who heralded the Goods and Services Tax (GST) and passed away a year ago.
New Delhi [India], Aug 21 (ANI): Congress leader Rahul Gandhi on Friday alleged that the central government was planning to spend taxpayers money on "image correction" even as the country faces "economic slump" and "unemployment".
New Delhi [India], August 21 (ANI): The Central Board of Direct Taxes (CBDT) has so far issued refunds worth over Rs 88,652 crores to more than 24.64 lakh taxpayers since the start of April, officials said on Friday.
New Delhi [India], Aug 17 (ANI): There is no proposal to modify Income Tax returns forms, said Finance Ministry sources when asked to comment on the news reports that appeared in certain sections of media where it is reported that the purported Statement of Financial Transactions (SFT) expan
New Delhi [India], Aug 13 (ANI): Prime Minister Narendra Modi on Thursday launched a new platform to strengthen efforts of reforming and simplifying India's tax system while praising the role of honest taxpayers in nation-building.
New Delhi [India], Aug 13 (ANI): The scrutiny of tax returns has been reduced to one-fourth due to radical reforms introduced by authorities in recent months, said Prime Minister Narendra Modi on Thursday and asserted that taxpayers should be trusted in compliance matters.
New Delhi [India], July 30 (ANI): In view of the constraints due to the COVID-19 pandemic and to further ease compliances for taxpayers, Central Board of Direct Taxes (CBDT) extends the due date for filing of Income Tax Returns for FY 2018-19(AY 2019-20) from July 31 to September 30, 2020, a
New Delhi [India], July 19 (ANI): The Income Tax department has disposed of as many as 7,000 cases under the first phase of the faceless assessment system, a highly placed source in the Finance Ministry said on Sunday.
New Delhi [India], July 18 (ANI): The new Form 26AS is the faceless hand-holding of the taxpayers to e-file their income tax returns quickly and correctly, the Central Board of Direct Taxes (CBDT) said on Saturday.
New Delhi [India], July 17 (ANI): The Central Board of Direct Taxes (CBDT) said on Friday it issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases till a week ago to help taxpayers with liquidity in the Covid-19 pandemic days.
Hyderabad (Telangana) [India], July 2 (ANI): Telangana BJP spokesperson NV Subhash on Thursday launched a scathing attack on Congress saying that the taxpayers' money is being wasted by spending it on Gandhi family.
New Delhi [India], June 30 (ANI): Prime Minister Narendra Modi on Tuesday gave credit to the farmers and taxpayers for enabling the Centre to provide free foodgrains during the COVID-19 phase to the poor and needy in the country.