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.
New Delhi [India], June 28 (ANI): In a major move towards GST taxpayers' facilitation, the government has decided to provide the facility of SMS filing of NIL statement of Form GSTR-1 from the first week of July.
New Delhi [India], June 12 (ANI): The Goods and Services Tax (GST) Council on Friday decided to waive off fees for late filing returns between July 2017 to January this year in a bid to minimise the impact of COVID-19 crisis on micro, small and medium enterprises (MSMEs).
New Delhi [India], May 13 (ANI): To provide more funds at the disposal of taxpayers, the government on Wednesday reduced rates of tax deduction at source (TDS) for non-salaried specified payments made to residents by 25 per cent of existing rates.
Hyderabad (Telangana) [India], May 10 (ANI): Telangana government has issued orders granting 5 per cent rebate in property tax payment for taxpayers in both residential and non-residential category. Further, the time for availing early bird incentive has also been extended to May 31 due t
New Delhi [India], April 19 (ANI): In order to enable taxpayers to avail full benefits of various timeline extensions granted by the Government of India due to COVID19 pandemic situations, the Central Board of Direct Taxes (CBDT) is revising the return forms for the Fiscal Year 2019-20 (Asse
New Delhi [India], April 18 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) on Friday said that it has processed 12923 refund applications of taxpayers involving claims worth Rs 5575 crore since March 30, 2020.
New Delhi [India], April 10 (ANI): To mitigate the hardships to taxpayers, Central Board of Direct Taxes (CBDT) on Thursday provided clarification on orders under Section 119 of the Income-Tax Act, 1961 issued relating to the issue of certificates for lower deduction/collection of TDS/TCS.