Revenue Department

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Revenue Department - Total results - 36
No GST on sale of old gold jewellery, cars by individuals, clarifies govt
Business

No GST on sale of old gold jewellery, cars by individuals, clarifies govt

The Revenue Department today clarified that sale of old jewellery as well as old vehicles by individuals will not attract any GST as the sale is not for furthering any business.

GST: Hasmukh Adhia tells companies to hold prices till roll out on 1 July
Business

GST: Hasmukh Adhia tells companies to hold prices till roll out on 1 July

The GST Act includes the provision of setting up an anti-profiteering authority to ensure that companies pass on the benefit of tax reduction to customers.

PM Narendra Modi to meet revenue dept on 2 May; black money, GST on agenda
Business

PM Narendra Modi to meet revenue dept on 2 May; black money, GST on agenda

The revenue department would present a report card on not just the black money disclosed and tax collected thereof but also the ill-gotten wealth seized during searches and raids across the country.

Tax evasion of more than Rs 1.37 lakh cr detected in last 3 years
Business

Tax evasion of more than Rs 1.37 lakh cr detected in last 3 years

Warning tax evaders, Revenue Department said the relentless crusade against black money will be further intensified in the coming days.

Senior executives from Google met Indonesian tax officials to negotiate unpaid taxes
News & Analysis

Senior executives from Google met Indonesian tax officials to negotiate unpaid taxes

Senior executives from the Asia-Pacific headquarters of Alphabet Inc's Google met Indonesian tax officials on Wednesday to negotiate the internet search company's tax bill, a person with knowledge of the matter told Reuters.

GST Bill rollout: 60,000 officers to be trained on tax laws, IT infrastructure to be ready by March
Business

GST Bill rollout: 60,000 officers to be trained on tax laws, IT infrastructure to be ready by March

As many as 60,000 revenue officials of central and state governments will be trained on GST laws and IT infrastructure framework to prepare them for the rollout of the new indirect tax regime by April 2017.

Arun Jaitley warns income tax officials of disciplinary actions; calls it an 'act of insubordination'
India

Arun Jaitley warns income tax officials of disciplinary actions; calls it an 'act of insubordination'

Taking a serious view on some income tax officials passing a resolution against the Revenue Department, Finance Minister Arun Jaitley on Thursday warned them of disciplinary action, calling it an "act of insubordination."

Maha govt directs to take back encroached Waqf properties
India

Maha govt directs to take back encroached Waqf properties

Maharashtra Revenue Department has directed that all immovable Waqf properties which have been illegally transferred, sold or leased, be taken back and re-registered as Waqf property.

Hema land row: Fadnavis bats for new policy on land allotment at current rates, Khadse unaware
India

Hema land row: Fadnavis bats for new policy on land allotment at current rates, Khadse unaware

The chief minister said he has given the orders and the department concerned will put up a fresh cabinet note before its next meeting.

Interest on rupee denominated bonds to attract 5% tax
Business

Interest on rupee denominated bonds to attract 5% tax

Legislative amendment in this regard will be proposed through the Finance Bill, 2016.

Simpler IT forms, new deadline: No foreign visit details or bank balances required
Business

Simpler IT forms, new deadline: No foreign visit details or bank balances required

The Revenue Department on Sunday notified new ITR or income tax return forms, with details of foreign trips and dormant bank accounts not required to be disclosed, Press Trust of India reported.

Delhiites can now register general power of attorney-based properties
Economy

Delhiites can now register general power of attorney-based properties

Delhi residents will be able to transfer and register properties on general power of attorney (GPA) from next week.<br /><br />

Jet-Etihad deal: Revenue dept scans beneficial ownership clause
Business

Jet-Etihad deal: Revenue dept scans beneficial ownership clause

The finance ministry has already sought more clarity on the clauses concerning effective control of the new company.

Uttarakhand floods: Crooks claim aid by posing as relatives of affected pilgrims
India

Uttarakhand floods: Crooks claim aid by posing as relatives of affected pilgrims

The team from Thane district, including deputy collector Manoj Ranade, was deputed in Kedarnath to assist pilgrims from the state stranded in the rain-ravaged Uttarakhand and has so far helped out more than 2,500 pilgrims, one of the officials who is part of the team told PTI.

 Tax net: Govt to dispatch letters 70,000 high priority assessees
Economy

Tax net: Govt to dispatch letters 70,000 high priority assessees

The government plans to collect over Rs 6.68 lakh crore from direct taxes in the current fiscal, up from Rs 5.65 lakh crore in the previous fiscal.

India's tax proposal not in line with global norms: Vodafone
Business

India's tax proposal not in line with global norms: Vodafone

The company was responding to a statement by Revenue Secretary RS Gujral who had said that Vodafone-type deals were taxed in the US, the UK, other OECD countries.