Vodafone Idea plans to raise over Rs 1 lakh crore in the next three years. This will fund network upgrades and debt payments. The company e...

Millions of people in California still have unused inflation relief money from COVID time. The payment ranges up to $1,050 and must be used...

Many taxpayers wait longer than expected for their tax refund during tax season. Experts say small mistakes in a tax return can slow down t...

IRS early tax preparation: The IRS is urging Americans to prepare early for the 2026 tax season, which begins in late January. New tax chan...

The PHD Chamber of Commerce and Industry has written to the Central Board of Indirect Taxes and Customs calling for a one-off amnesty schem...

The Federation of Indian Export Organisations (FIEO) has proposed a mechanism of tax-free bonds attracting 6% annual interest with a three-...

“Exporters may be allowed to file the claim so as to verify the value of the tax-free bond to be given to them, which can be encashed after...

Earlier, exports could be made either on payment of the integrated tax or under bond. Citing liquidity crunch and higher transaction time a...

The industry’s demands also look at more long-term interventions to boost e-commerce exports and promote the entry of more high-quality tal...

Tax experts said the move to verify the refund claims would delay the process of refund issuances to exporters.

Government has asked those with pending refunds to approach their jurisdictional tax authority for disposal of any of their refund claims s...

In case the IGST has been paid, the exporters can seek refund of the tax paid, according to a Customs circular on export procedure in the G...

Other key directives issued by the HC include that interest on refund should be paid to taxpayers for delays not attributable to them.

I-T dept expects speedy processing of tax refunds if individuals have filed their tax returns online, says ET who suggests various ways to ...

Unintentional error in bank details, delay in processing of paper income tax return (ITR), change in residential address are among the comm...

The finance ministry is firming up a plan to expedite payment of thousands of crores of rupees it owes the software and BPO industry in tax...

The ombudsman post was created in 2007 by the finance ministry. The ombudsman has to work within the framework of guidelines issued in 2007.