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BENGALURU TAX PAYERS
Civic woes: BJP levels 'tax chori' allegations against Congress govt in KarnatakaBengaluru's BJP has accused the state Congress government of tax theft. This follows a citizens' forum complaint to Chief Minister Siddaram...- Finance Minister Nirmala Sitharaman praises Bengaluru for tax buoyancy, but says money comes back to State tooFinance Minister Nirmala Sitharaman praised Bengaluru tax payers for their contributions and the Department of Revenue's national faceless ...
- Karnataka Assembly passes bill slashing penalty on property tax in Bengaluru by 50 percentDeputy Chief Minister D K Shivakumar, who holds the Bengaluru development portfolio, tabled the bill in the Legislative Assembly."With the ...
- Finance Minister Nirmala Sitharaman lays foundation for Income Tax office buildingRecycled water will be used for gardening and dual plumbing. The Central Air Cleaning system will be equipped with magnetic filter and UV-R...
- Three Infosys employees held for taking bribes from tax payersAccording to police, the key accused among the three was attached to the CPC's data division and had demanded and collected money through h...
- CBDT to hold high-level review of I-T e-assessment system before its roll-outFinance Minister Nirmala Sitharaman has said the e-assessment scheme will be rolled out on October 8.
- Faceless tax assessment pilot likely from October 8The plan will initially be limited to assessments in which tax officials have maximum one or two queries and then expanded.
- Budget 2019: Tax relief to spur spending on affordable homesAffordable housing projects registered up to 2020 would have tax exempted under 80 I B. This one year exemption would benefit new projects.
- Use of data analytics helping government detect GST evasion, says top tax officialThe government is using data analytics, and the defaulters are being detected, he said, speaking at Workshop on GST: Practical Requirements...
- Centre planning to cut GST slabs to two from the present five, says top tax officialThe thinking is guided by the fact that 90% of the taxes come under the 18% rate slab, the official said.
- How income tax department can penalise you for under-reporting, misreporting incomeAs per the I-T laws, in case of misreporting of income the I-T officer can levy a penalty of 200% of the amount of tax payable on under-rep...
- Supreme Court ruling lets I-T department open closed casesWho all will the ruling impact? Many small taxpayers who had earlier faced tax demands of between Rs 4-10 lakh are likely to be impacted.
- 7.5 lakh property owners pay tax, rebate period ends on May 30The Bengaluru civic body will be starting manual survey of properties from June 1 to bring in the defaulters and wrong assesses into the pr...
- Jobs growing in Bengaluru, Accenture its top employer: DataThe data show that nine out of the top ten professional tax payers in Bengaluru are technology companies. Only BSNL, is an exception.
- Property tax hike in Bengaluru capped at 25% for FY17There are about 15 lakh property in Bengaluru's municipal limits, and the property taxes are the main source of income for BBMP.
- Budget 2016: Special wing created in IT dept to resolve taxpayer complaintsThe IT department is witnessing a re-designation of posts to include grievance redressal and taxpayer services as an essential charge of wo...
- CBDT lists norms for faster refund in pending tax demand casesThe CBDT has issued guidelines for expeditious tax refund of up to Rs 5,000 in cases where the department wants to adjust the refund with a...
- Income Tax Department processes 3.27 crore returns during April-DecemberIncome Tax Department has processed 3.27 crore returns and has issued refunds in 1.81 crore cases during April-December period of this fisc...
- Aadhar holders exempted from filing physical ITR-VIn a major change, the new tax forms released on Thursday have exempted taxpayers with Aadhar cards from submitting their ITR V by post aft...
- More time for filing I-T return onlineThe Central Board of Direct Taxes extended the time limit for submitting ITR-V (Income Tax Return Verification Acknowledgement) form to the...
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