Tax Refund

Single authority for sanctioning and processing GST refunds in offing, new structure to come up likely by August

Currently, the time taken to clear refund amount gets longer leading to liquidity crunch for exporters—an issue that the proposed single mechanism for refund clearing intends to fix.

What you need to know before filing your income tax return

Taking a look at the various criteria/situations that make return filing mandatory for taxpayers.

Income tax refund: Here are four easy steps to check the status in less than five minutes

Keep in mind, your refund is given to you as per the 'Refund Banker Scheme'.

CBDT launches Aayekar Setu: Here's how the app will help you resolve your I-T issues

A single window providing all tax services to various types of taxpayers

PF rate retained at 12%: Why don't employers contribute 14% and employees 10% to maintain status quo

Modi’s promise of rewarding the salaried class with tax refund for their exemplary tax compliance from out of the proceeds of successive tax amnesty schemes has remained a mirage and a tall promise

Filing income tax returns in a hurry to meet 5 Aug deadline? Don’t make these mistakes

Make sure you don’t make these dumb mistakes while filing your income tax returns in the hurry, to avoid missing the new extended deadline of 5 August

Why Budget 2012 is likely to be a non-event for IT sector

While the industry would like to abolish or reduce the Minimum Alternative Tax on SEZs, the likelihood of this getting announced in the budget is almost nil.

Three ways to know the status of your income tax refund

January is a good time to do a few things related to your personal investments. For instance, claim your leave travel allowance from your company. And, also find out about your income tax refund.

IT refunds hit new high of Rs 1 lakh cr, what's the secret?

That's despite total income tax collections of Rs 4.94 lakh crore, which was short of the revised target of Rs 5 lakh crore.