Tax

Union Budget 2021: What is expected in the education sector?

Union Budget 2021 to be announced by FM Sitharaman at 11:00 AM today. Know what is expected in the education sector?

Feb 01, 2021, 09:42 AM IST

Budget 2021: Will the government increase tax exemption in this budget?

The budget is going to be presented on February 1, as always this time also, people are expecting, will the government increase tax exemption in this budget? know what relief will be given in tax in this general budget?

Jan 30, 2021, 21:56 PM IST

Big relief to taxpayers! I-T Dept makes big announcement on Vivad Se Vishwas scheme

Issuing a set of FAQs on 'Vivad Se Vishwas' scheme, the Central Board of Direct Taxes (CBDT) also said the scheme cannot be availed in a case where proceedings are pending before Income Tax Settlement Commission (ITSC) or where writ has been filed against the order of ITSC.

Dec 07, 2020, 10:37 AM IST

India moving from tax-terrorism to tax-transparency, says Prime Minister Narendra Modi

PM Narendra Modi said when the difficulties of the country's wealth creator are reduced, they get protection, then their trust grows in the country's systems. 

Nov 11, 2020, 23:17 PM IST

Govt announces big relief to taxpayers! Payment date for Vivad se Vishwas Scheme extended – All you need to know

Vivad se Vishwas Scheme aims to reduce pending income tax litigation, generate timely revenue for the Government and to benefit taxpayers by providing them peace of mind.

Oct 29, 2020, 11:20 AM IST

Rajinikanth to withdraw case against property tax after HC warns of imposing cost

The actor had approached the Court with regard to the Property tax demand made by the Greater Chennai Corporation for the months April-September.

Oct 14, 2020, 13:14 PM IST

ONLINE LEGAL INDIA, Is a Brainchild to Support Startups & Corporates

Online Legal India is the most trusted brand which has received moreover thousand of positive client reviews at Trustpilot in just last 300 days.

Sep 11, 2020, 14:56 PM IST

I-T refunds of Rs 95,853 crore issued to 25.55 lakh taxpayers this fiscal

The Income Tax department on Wednesday said it has issued refunds worth Rs 95,853 crore to over 25.55 lakh taxpayers in the current fiscal.

Aug 26, 2020, 15:54 PM IST

Faceless assessment, taxpayers' charter, faceless appeal service: Here is what Income Tax filers must know

Know all about Faceless assessment, taxpayers' charter and faceless appeal service.

Aug 18, 2020, 10:21 AM IST

PM Narendra Modi launches platform for Transparent Taxation, says new tax platform will expedite tax refunds

PM Modi said that faceless assessment and taxpayers' charter are being implemented from today while faceless appeal service will be available from September 25.

Aug 13, 2020, 12:47 PM IST

Faceless assessment, taxpayers' charter implemented from today; faceless appeal service will be available from September 25: PM Modi

The faceless scrutiny assessment has been devised for greater transparency, greater efficiency and accountability. 

Aug 13, 2020, 12:27 PM IST

PM Narendra Modi launches Transparent Taxation platform for honest taxpayers

Unveiling the “Transparent Taxation – Honoring the Honest” platform through video conferencing, the prime minister also laid out the next phase of reforms of the direct taxes which is aimed at easing the tax compliance and also rewarding honest taxpayers in the midst of coronavirus (COVID-19) pandemic.

Aug 13, 2020, 12:12 PM IST

PM Narendra Modi to launch platform for Transparent Taxation today; FM Sitharaman says it is important step for Indian taxation

Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman and Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur will also be present on the occasion.

Aug 13, 2020, 09:29 AM IST

PM Modi to launch platform to honour honest taxpayers

Prime Minister Narendra Modi has called a meeting with all Principal Chief Commissioners and Chief Commissioners of Income Tax on August 13 to launch a new tax programme, ‘Transparent Taxation — Honouring the Honest’.

Aug 13, 2020, 07:40 AM IST

PM Narendra Modi to launch platform for Transparent Taxation on August 13

Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman and Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur will also be present on the occasion.

Aug 12, 2020, 14:56 PM IST

Are you aware of this Income Tax campaign starting today? Know how it will impact you

The 11 days campaign ending on July 31 focuses on the assessees/taxpayers who are either non-filers or have discrepancies/deficiency in their returns for the FY 2018-19.

Jul 20, 2020, 14:59 PM IST

New Form 26AS is faceless hand-holding of taxpayers, says CBDT

The changes in the new Form 26AS would also bring in further transparency and accountability in the tax administration.

 

 

Jul 18, 2020, 16:07 PM IST

Goods and Service Tax regime completes 3 years: Here’s looking at advantages of GST

GST aims to eliminate cascading of taxes and reduce transaction costs.

Jul 01, 2020, 09:50 AM IST

Finance Ministry releases Rs 46,038 crore as states share in taxes for April

The money has been released ahead of schedule and as a special dispensation to meet immediate funding needs of the state governments looking to restore economic activity.

Apr 20, 2020, 21:48 PM IST

Whats for you In Budget 2020? Watch full analysis here

Budget 2020 proposes a new tax regime that includes reductions of income tax slabs to reduce income tax rates and the total tax payable by individuals. Income between Rs 12.5 lakh and Rs 15 lakh will be taxed 25% less than the current 30%. Income above Rs 15 lakh will be subject to 30% tax.

Feb 01, 2020, 20:46 PM IST