Latest News on Taxpayers
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Taxpayers - Total results - 47
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Feb 20, 2019
YV Reddy’s warning on farm doles: Biggest enemy of Indian farmer is the power-hungry politician flashing freebies
Reddy even pitched for an alternative for farm sector freebies in the form of an agricultural distress fund contributed by both the states and Centre, rather than the ongoing measure of arbitrary scheme announcements. -
Feb 12, 2019
Suspicious income tax refund claims under scanner as numbers rise; I-T returns filings up 37% till January: Govt
Minister of State for Finance Shiv Pratap Shukla in a written reply to a question in Rajya Sabha said there has been an increase in detection of suspicious income tax refund claims. -
Feb 01, 2019
Budget 2019: No tax for income up to Rs 5 lakh; standard deduction rises to Rs 50,000
Finance Minister Piyush Goyal on Friday doled out tax sops to middle class including doubling of income tax exemption limit to Rs 5 lakh, raising standard deduction to Rs 50,000 and provided concessions on interest income from bank deposits and rent -
Jan 25, 2019
Piyush Goyal asks taxmen to refrain from being overzealous, advises industry to pay taxes ethically
Finance Minister Piyush Goyal on Friday asked tax officers to refrain from being overzealous in tax administration while appealing the industry to conduct business ethically -
Jan 22, 2019
People carried out high value transactions to get 21 days to file IT returns, submit response; no response to invite action: CBDT
In cases where no return is filed or no response is received for assessment year (AY) 2018-19 within the stipulated time, the department would consider initiating proceedings under the Income Tax Act 1961. -
Dec 27, 2018
US commerce dept not to publish economic data during shutdown; new home sales figures release to be postponed: Report
A commerce department official said previously that new home sales data scheduled for release on Thursday would be postponed as long as the partial government shutdown continued. -
Nov 08, 2018
Demonetisation anniversary: Arun Jaitley defends note ban, says rise in tax base proves 'prophets of doom' wrong
Responding to the criticism, Arun Jaitley said demonetisation has strengthened the economy and increased the government resources to fund poverty alleviation and infrastructure development programme. -
Oct 24, 2018
Narendra Modi calls for 'tax-plus one' system of honest tax payment, doing extra for society
Prime minister Narendra Modi said, paying tax is 'prakriti' (natural), not paying tax is 'vikriti' (deformity). But paying tax plus doing more is 'sanskriti' (culture). -
Oct 22, 2018
Over 1.40 lakh crorepatis in India, up by 60% in last four years reveals income tax data
Releasing key statistics of income tax and direct taxes for a period of about four years, the policy-making body of the IT department said the number of individual taxpayers earning over Rs 1 crore annually had seen a growth of about 68 percent. -
Oct 22, 2018
Finance Ministry extends deadline for filing September GST returns till 25 October
Since the ITC is availed on the basis of summary sales return or GSTR-3B filed. the deadline for ITC claims and GSTR-3B have been kept same
