"I think the fact that the government is keen to go back to the days when all elections used to happen simultaneously is a move that reduces the burden on the taxpayers and allows the government to focus on governance. It is the need of the hour." He further expressed curiosity over the Oppo
In a post on X, Ramaswamy stated, "A taxpayer-funded hotel for illegal migrants is owned by the Pakistani government which means NYC taxpayers are effectively paying a foreign government to house illegals in our own country. This is nuts."
The Central Board of Direct Taxes (CBDT) on Saturday extended the due date for filing the return of income tax for tax payers with international transactions who are required to submit informations under section 92E.
Shashi Bhushan Shukla, Commissioner (Investigation), CBDT advised all taxpayers to carefully review their foreign income and assets and report them accurately in their Income Tax Returns (ITRs).
BRS Working President KT Rama Rao (KTR) stated that the people of Maharashtra have noticed the betrayal of Congress with the people of Telangana in implementing the poll promises and rejected the Congress. Despite spending Rs 300 crore of Telangana taxpayers' money on false advertisements, t
Speaking at India International Trade Fair (IITF) after the inauguration of Income Tax lounges Agarwal emphasized the department's proactive approach in identifying discrepancies using data received through the Automatic Exchange of Information system.
As part of the campaign, the CBDT will send informational messages via SMS and email to resident taxpayers who have already filed their ITR for AY 2024-25.
The goal is to make the Act concise, clear, and easy to understand, which will reduce disputes, and litigation, and provide greater tax certainty to taxpayers.
The new guidelines by Central Board of Direct Taxes (CBDT) for the compounding of offences under the Income-tax Act, 1961, aim to make the process easier and more accessible for taxpayers, according to a statement by Ministry of Finance.
This scheme, aimed at resolving pending income tax disputes, will come into effect from October 1. It seeks to provide an efficient framework for taxpayers to settle their outstanding appeals, streamlining the resolution process for various tax-related disputes.
Rehman in his statement said, "It seems that the government and the local bureaucracy have reached an agreement and have divided the taxpayers' money amongst them. And they will not disturb each other so that their corruption continues uninterrupted."
A significant number of Pakistani youth have been impacted by the slow internet speed, which has affected their work and resulted in clients not coming to them for work.