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CORRUPTION TAX REFUND
Texas $1,500 Checks: Will lawmakers back Governor-elect Gina Hinojosa’s plan and who could qualify?Texas Governor-elect Gina Hinojosa wants to send a one-time $1,500 check to every household in the state. Her plan would draw billions from...
- US Midterms Texas results: Democrat Gina Hinojosa elected first Latina governor in state, ousts Republican incumbent Greg Abbott
Gina Hinojosa has been elected as Texas' first Democratic governor in over three decades. She won against incumbent Greg Abbott, marking a ...
Income tax employee got 1-year jail as CBI caught him taking Rs 600 bribe for Rs 5,826 tax refund; Patna HC orders him to surrender to serve jail termAn Income Tax Assistant from Sasaram was sentenced to one year in jail for demanding a Rs 600 bribe to process a Rs 5,826 tax refund. Caugh...
Delhi: How the transfer of an officer uncovered a massive GST fraud involving 500 fake companiesDelhi's anti-corruption branch arrested seven people, including a suspended GST officer, for their roles in a massive GST fraud involving f...
54 crore GST refund scam exposed by Delhi's Anti-Corruption BranchIn a massive crackdown, the Anti-Corruption Branch (ACB) of Delhi has uncovered a scam involving fraudulent GST refunds within the Trade & ...
5 years of GST: The irritants that we need to iron outGST Authorities can investigate affairs of taxpayers for a long period of 5 years and 9 months. It is common experience that GST Authoritie...
Government to announce two big steps to boost industryThe government has decided to increase spending and has announced a slew of measures to arrest the sluggishness in the automobile market, s...
ET View: Remove arbitrariness in tax administrationThe Centre has sent out a stern warning to tax sleuths of zero tolerance towards graft.
Cases of tax refund double, grievance redressals quickenTax refunded has increased from Rs 66,000 crore to Rs 88,000 crore from last year and the grievance redressal time has been pared from 90 t...
Refund mechanism still a pain point for exportersMost of the problems relate to the refund of input tax credit that have to be made by the states as well. Manual intervention in the refund...
Confessions of a fake CA exposes lacuna in e-filing of tax returnThe online filing system introduced to bring in transparency can easily be short-changed as one can claim tax refund without any supporting...
CBI files FIR against scamsters filing returns under fake TDSThe deduction was also mentioned in the forms issued to the taxpayers on the basis of which they claimed tax refunds from the income tax de...
PM Narendra Modi assures middle class of an end to tax terrorismThe Prime Minister said that he wishes to focus not only on the work being done by the Government, but also on its work-culture.
Expertspeak: Greater stress on tax complianceThe income tax department will make return filing 100% online for all
India needs e-governance systems to check corruption: Kapil Sibal"We need to put systems in place though e-governance to ensure that there is elimination of human interface in the course of delivery of se...
- Need to amend anti-graft law in the country: SC
Amidst growing demand of the civil society for confiscation of black money, the Supreme Court sought amendment to the Prevention of Corrupt...
- Digitisation of IT returns; two dedicated units to be set up
Digitisation would allow the income tax department to match data from different sources, such as tax deducted at source, and facilitate exp...
- File e-returns, get income-tax refunds in a month
There is an incentive for taxpayers who file their income-tax returns electronically — they will get their refunds within a month.
- CBDT plans to increase transparency
Individuals as well as corporates may have fewer occasions to meet the taxmen in future.
- Exporters to get full VAT refund in 3 months
Exporters will get full refund of the value added tax (VAT) within three months from the date on which they pay the new levy.