Pakistan govt introduces bill to bar non-filers from opening bank accounts, buying cars above 800ccPakistan's government introduced a bill to curb tax evasion. The proposed law would bar non-filers from opening bank accounts, buying cars ...
Pakistan telecom operators block 3,500 SIMs of non-filers after-tax body orderThe FBR also sent messages to about 5,000 individuals, warning them that their mobile phone SIMs would be blocked if they did not file thei...
Relief for these non-ITR filers from higher TDS in budget 2023Union Budget 2023 has proposed to change the definition of "specified person" in sections 206AB and 206CCA of the Income tax Act, 1961, to ...
Non-ITR filers will face higher TDSAccording to the circular, if the ITR was not filed for the relevant previous fiscal year and the aggregate TDS and tax collected at source...
‘Best judgment’ assessment awaits GST return non-filersSources said GST authorities have stepped up their drive to maximise collections weeks ahead of close of the financial year. This has been ...
Non filers of ITR to face higher TDS on interest, other specified incomesThis proposal may be bad news for those who are otherwise not mandatorily required to file income tax return under the tax laws but have to...
Finance ministry tells non-ITR filers to submit ITR or reply to tax query within 21 daysData analysis has identified several potential non-filers who have carried out high value transactions in FY2017-18 but have still not file...
Taxman lists non-filers who carried out high-value transactions in FY19The department has enabled everification for these taxpayers to reduce compliance costs by soliciting their response online.
CBDT identifies 67.54 lakh income tax non-filers for FY15The Non-Filers Monitoring System (NMS) was initiated by CBDT, the policy making body of I-T Department, for identification of non-filers wi...
Impose penalty, initiate prosecution of non-filers: Tax DeptThe number of non-filers with potential tax liabilities has risen from 22.09 lakh in 2014 to 58.95 lakh in 2015. Non filers in 2013 were 12...
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: Data analytics helps government collect Rs 10,000 crore from non-filersThe government said it collected more than Rs 10,000 crore by leveraging data analytics in the non-filers monitoring system.
Rs 4,733 crore collected in taxes via Non-filer Monitoring SystemGovernment has collected Rs 4733.61 crore in taxes since 2013 through Non-filer Monitoring System that tracks large value financial transac...
Income tax department to act tough with "wilful" evaders and non-filersIT department will step up prosecution of "wilful" evaders & non-filers to plug loopholes & ensure revenues for battling economic slowdown.
Income Tax Department identifies 21.75 lakh tax 'non-filers'Income Tax Department said it has identified 21.75 lakh new "potential non-filers".
Adopt uniform procedures for non-filers of I-T returns: CBDTCBDT tightened norms to deal with no-filers of income tax returns & asked its officers to follow uniform procedure in handling such cases.
Income Tax Department likely to issue notices to over 10 lakh non-filersTightening its noose on those who do not pay taxes, the Income Tax Department is likely to soon issue notices to over 10 lakh non-filers.