Union Budget 2023: PHDCCI suggests 2-year tax holiday for Covid-hit businesses
The Union Budget 2023-24 is being presented at a crucial juncture of geo-political uncertainties, high inflation, and slowing world economic growth, Saket Dalmia, President of PHD Chamber of Commerce and Industry (PHDCCI), said in a statement.
Nov 23, 2022, 09:50 AM IST
How offshore-based online gaming apps are evading taxes, hitting Indian economy
The revenue department is in talks with MeITY to ban these offshore online betting platforms and has shared a list of over two dozen such apps, including Parimatch, DafaBet, Betway, 22 Bet and 1xBet.
Oct 27, 2022, 18:00 PM IST
Major reshuffle in Gujarat cabinet before polls, Rajendra Trivedi stripped off Revenue dept - Details here
Harsh Rameshkumar Sanghavi has been given the charge of Revenue Ministry as Minister of State (MoS) while Jagdish Ishwar Panchal has been given the charge of Road and Building ministry as Minister of State (MoS).
Aug 21, 2022, 08:49 AM IST
Terror Attack in Jammu Kashmir: Terrorists shoot Government employee dead
There has been a terrorist attack in Budgam, Jammu and Kashmir where terrorists shot dead Revenue Department employee Rahul Bhatt.
May 12, 2022, 20:06 PM IST
Use Ola, Uber’s auto booking service? Get ready to pay 5% GST from next year
Customers will have to 5% GST on all auto-rickshaw services provided through e-commerce platforms.
Nov 26, 2021, 18:54 PM IST
Taxmen to scrutinise mismatch between ITR and service tax returns
Mismatches were also noticed for the financial year 2016-17, for which data is being shared with the field offices.
Apr 08, 2019, 16:57 PM IST
Do digital transactions and get discount on MRP; government working on proposal
Businesses, on the other hand, could get a cashback based on the quantum of turnover through the digital mode.
Apr 30, 2018, 14:25 PM IST
Massive 84% of initial GST returns filed for July-Dec don't match with final returns
The revenue department has analysed the GST returns data filed by over 51.96 lakh businesses during July-December, 2017.
Mar 18, 2018, 19:51 PM IST
Minor reshuffle in Delhi Cabinet, Manish Sisodia gets Tourism Department
Sisodia got the additional charge from Social Welfare Minister Rajendra Pal Gautam, who was handed the additional charge of Registrar of Cooperative Societies.
Jul 20, 2017, 17:15 PM IST
No GST on sale of old jewellery, cars by individuals
Revenue department officials said the same principal will apply on sale of old cars or two-wheelers and no GST will be payable even though the supply would be for a consideration.
Jul 13, 2017, 20:00 PM IST
Revenue dept sets up twitter handle to answer GST queries
With just over a month left for GST implementation, the revenue department on Sunday started a new twitter handle to answer industry queries related to the new indirect tax regime.
May 28, 2017, 20:52 PM IST
Tax evasion of more than Rs 1.37 lakh cr detected in last 3 years
The Revenue Department on Friday said it has detected evasion of more than Rs 1.37 lakh crore in both direct and indirect taxes and identified over 1,000 shell companies which indulged in bogus transactions worth Rs 13,300 crore in the last three financial years.
Apr 07, 2017, 13:13 PM IST
CBEC asks tax officers to speed up GST migration
The Revenue Department has expressed "serious concern" over delay in migration of excise and service tax assessees to the new GST regime and asked field officers to complete the process by March 31.
Mar 03, 2017, 14:56 PM IST
Tax officers to file self-appraisal report on e-assessment
Tightening reporting norms, the tax officers have been asked to submit self appraisal reports to the Revenue Department and explain reasons for the "poor performance" in doing e-scrutiny of tax returns.
Feb 12, 2017, 12:10 PM IST
Govt extends payment date under black money scheme
The government on Thursday extended the deadline for payment of tax and penalty under the black money disclosure scheme and allowed declarants to pay the amount in three installments by September 30 next year.
Jul 14, 2016, 15:23 PM IST
Duty free shops to also display price of goods in rupee
Revenue department on Wednesday asked duty free shops at airports to display prices of goods in Indian currency as well as the exchange rate.
Jul 06, 2016, 20:52 PM IST
Revenue dept taking steps to boost growth, jobs: FinMin
The Finance Ministry Sunday listed out steps taken by the Revenue Department to boost growth and employment by giving relief to small tax payers, businesses and professionals.
May 08, 2016, 20:38 PM IST
Govt orders voluntary retirement for lazy officers
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May 06, 2016, 13:45 PM IST
On PM Narendra Modi's orders, 33 non-performing officials asked to go: Report
The Centre has ordered 33 senior officials of the revenue department to take premature retirement, apparently due to non-performance, as per a media report.
May 05, 2016, 21:06 PM IST
Government to further simplify ITR forms, sets up committee
Government is looking to further simplify Income Tax return forms to help taxpayers fill them without seeking help from experts and the Revenue Department has set up a committee in this regard.
Nov 22, 2015, 12:12 PM IST
