New Delhi [India], Feb 2 (ANI): The total number of taxpayers, who have claimed deductions less than Rs 2 lakh, were 5.3 crore out of a total of 5.78 return filers in the financial year 2018-19, government sources said on Sunday.
New Delhi [India], Feb 2 (ANI): The government on Sunday said that all taxpayers would benefit from the abolition of Dividend Distribution Tax (DDT) as the "tax to be paid by them on their dividend income would be less than what they were earlier paying indirectly through DDT."
New Delhi [India], Feb 2 (ANI): NCP leader Majeed Memon has said that the income tax relief for individual taxpayers in the Union Budget 2020-21 is just a "lollipop".
New Delhi [India], Feb 1 (ANI): Samajwadi Party chief Akhilesh Yadav on Saturday termed Union Budget 2020-21 as 'one of the worst budgets in the last decade' and said it holds 'nothing concrete' for youth and farmers.
New Delhi [India], Feb 1 (ANI): In a bid to save the taxpayers from harassment, the Centre on Saturday proposed a mechanism to address the pressing problem.
New Delhi [India], Feb 1 (ANI): In a major relief for individual taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a new regime of personal income tax.
New Delhi [India], Jan 22 (ANI): Considering the difficulties faced by those from the trade and industry in filing returns, the Finance Ministry on Wednesday said that now GST taxpayers can file their GSTR-3B returns in a staggered manner.
New Delhi [India], Dec 20 (ANI): In furtherance of its concerted efforts to augment tax collection in the coming four months, the Department of Revenue on Friday conducted here a high-level meeting of senior Income Tax officials to strategise and achieve direct tax collection target of Rs 13
Mumbai (Maharashtra) [India], Nov 29 (ANI): Maharashtra Chief Minister Uddhav Thackeray on Friday said that he has told the Secretaries to use taxpayers' money in the best way and should not be wasted.
New Delhi [India], Nov 21 (ANI): A total of 18.27 lakh GSTR-3B returns were filed on Wednesday for the tax period of October, marking a 50 per cent month-on-month increase as compared to 12.2 lakh returns that were filed on the last due date.
Faridabad (Haryana) [India], Nov 8 (ANI): Union Finance Minister Nirmala Sitharaman on Friday addressed the 69th batch of Indian Revenue Service (Customs and Central Excise) officials at their passing out ceremony to become officers who can facilitate honest and willing taxpayers and empower
New Delhi [India], Sept 21 (ANI): The Central Board of Direct Taxes (CBDT) has set up a National e-Assessment Centre (NeAC) for assessing tax returns electronically without any personal contact between officials and taxpayers.