Latest News on Income Tax
Showing of 0 - 10 from 640 results
Income Tax - Total results - 640
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Feb 19, 2019
Income Tax Department raids Hyderabad-based Divi's Laboratories premises between 14-18 February
Drug firm Divi's Laboratories on Tuesday said income tax department has conducted raids at its premises, including its head office and manufacturing sites, between 14-18 February -
Feb 14, 2019
CBDT chairman Sushil Chandra appointed as election commissioner; second IRS officer to be given position
Sushil Chandra, a 1980-batch Indian revenue service (IRS) official, has joined the ranks of Chief Election Commissioner (CEC) Sunil Arora, who was appointed on 2 December, 2018, and Ashok Lavasa. -
Feb 07, 2019
Union Cabinet approves abolition of Ombudsman for direct, indirect taxes; people prefer online redressal mechanism
The institution of Income Tax Ombudsman was set up in 2003 to deal with grievances of public related to settlement of complaints relating to income tax. -
Feb 05, 2019
Tax officials send notices to Wakf boards for non-payment of service tax, GST on rent received from properties
Out of the 30 Wakf boards in the country, only two -- Kerala State Wakf Board and Dawoodi Bohra Wakf, Mumbai -- are registered under the Goods and Services Tax (GST) regime. -
Feb 05, 2019
In 2 years, income tax payers to start getting refunds within 24 hours: Revenue Secretary Ajay Bhushan Pandey
The revenue department will put in place within two years a mechanism to ensure that all returns are processed within 24 hours and refunds issued simultaneously, an official said -
Feb 05, 2019
Budget 2019: Tax proposals will increase disposable income of people, improve standard of living
The interim Budget highlighted its extensive usage for making the life of taxpayers easy, with the return of income to be now processed within twenty-four hours -
Feb 05, 2019
Tax cuts for salaried middle-class: Here's how to claim benefits by investing in assets, payments to health insurance and education
One of the most important and easiest principle of tax planning is claiming benefits from tax deductions. -
Feb 04, 2019
Piyush Goyal's FY20 forecast of GST revenue growth is ambitious; any shortfall to affect social sector spending
An analysis shows that tax revenue forecasted in the year budget is presented often tends to be different from the actual revenue generated. -
Feb 04, 2019
Tax rebate under section 87A: Here's all you need to know about this 100% relief and who can benefit from it
If the householder happens to be supporting a very large family, he might not be able to save much in the tax-savings avenues -
Feb 02, 2019
Piyush Goyal delivers conventional Interim Budget, but time will tell if lack of grand vision hurts Modi govt
Only time will tell if Piyush Goyal's speech lures the salaried, middle class taxpayers
