Several Indian states are tightening scrutiny of investment MoUs after facing issues with unfulfilled pledges. Uttar Pradesh is linking PAN...

Income tax: Permanent Account Number (PAN) 2.0 have an inbuilt mechanism to check for duplicates. So if you have an duplicate PAN, make sur...

CBIC chief Vivek Johri said one such pilot project is ongoing in Madhya Pradesh, while Gujarat is undertaking a pilot on PAN-based linkage ...

The tax department believes that it has detailed data available, which it is tapping into. For instance, the Annual Information Statement i...

Besides, smaller towns such as Alwar, Kota and Jalna are seeing recovery of large amounts of cash, officials told TOI. The recent searches ...

In a notification, the Central Board of Indirect Taxes and Customs (CBIC) said when an applicant for GST registration opts for authenticati...

It is still unclear whether the government would use this data to dig out tax evasions of the earlier years or whether this will only be fo...

The unique & ambitious "1 billion-1 billion-1 billion" connectivity vision means one billion unique Aadhaar nos, linked to one billion bank...

Tax dept is scanning a maze of data including phone calls, credit card & PAN details, tax returns, travel trends and even social media post...

The ITR deadline has been extended till Aug 5. But those who have filed returns must get their PAN and Aadhaar linked before Aug 31 for the...

"There are no plans to extend July 31 deadline. The department requests taxpayers to file their return in time," a top Income tax departmen...

This year there have been multiple changes which impact ITR filing. Therefore, there may be a case for extension of the deadline for indivi...

With a day left for roll out of GST, the Finance Ministry has started notifying various provisions of the law

Invoice matching can effectively avoid fraud claims. So why does the GST insist on linking input credit to the payment of tax by the suppli...

One of the fundamental features of GST is seamless flow of input credit across the chain (from the manufacture of goods till it is consumed...

“We will have a view on the oil prices to take a firmer view in terms of the overall expectations of the inflation going forward.”

The goods and services tax (GST) for India proposed by a joint working group of the Centre and states, but yet to be endorsed by the politi...