Budget 2016: Highlights of FM Arun Jaitley's speech"IMF has hailed India as a bright spot. Let us look at our achievements compared to the last three years of the last government. We inherit...
CBDT plans to reduce the need for taxpayers to interact with officials with the use of technologyIn the last two years, the department has worked to adopt a nonadversarial tax regime through initiatives like e-fling, e-transfer of refun...
Over 40 lakh new assessees brought under I-T net: CBDTOver 40 lakh new assessees have been brought within the tax net over the last year and their number is increasing every day, CBDT has said.
Budget 2016: Highlights of individual taxationWhile there are no changes in the tax slabs, the much expected tax on the rich has come in by way of an increase in the surcharge from 12% ...
Budget 2016: Full text of Finance Minister Arun Jaitley's speechJaitley presented his third budget which took on the fiscal and physical health of the nation by setting the fiscal deficit target at 3.5% ...
Budget 2016: Many changes in tax regime on the anvilWhile this may be an annual exercise one must also step back and carefully analyse a few emerging trends in the tax arena and assess how th...
Expertspeak: Many changes on the anvilMany emerging trends are visible in the tax arena
Income Tax department orders better monitoring of complaints by taxpayersThe new directive comes at a time when Finance Minister Arun Jaitley unveiled two taxpayer-friendly initiatives of the department yesterday.
Government sets up committee to review income tax lawThe government has set up a committee under a former Delhi High Court judge to review the income tax law and identify clauses that lead to ...
Arun Jaitley to launch two initiatives of tax departmentFinance Minister Arun Jaitley will tomorrow launch eSahyog and Pan camps, initiatives of the Income Tax Department to improve services.