No arrest by income tax recovery officer if you have failed to pay pending tax demands; amended Finance Bill 2026The Ministry of Finance has removed the power of Tax Recovery Officers to arrest individuals for pending tax demands. This taxpayer-friendl...
01 Apr, 2026, 04.42 PM IST
Two-third of ₹43 lakh crore tax demand 'difficult' to collect: Income Tax DeptThe Income Tax Department has informed a Parliamentary panel that two-thirds of the Rs 43 lakh crore outstanding tax demand is difficult to...
20 Mar, 2025, 04.27 PM IST
I-T recovers ₹73,500 cr in pending billsThe income tax department has recovered ₹73,500 crore of pending dues in the current financial year up to March 15, with corporate tax dues...
19 Mar, 2024, 12.52 AM IST
Revenue department told to focus on tax arrearsThe report of the Standing Committee on Finance, tabled in Parliament, said the revenue department seems to be "caught up in the vicious cy...
04 Aug, 2022, 12.19 AM IST
CBDT lists norms for faster refund in pending tax demand casesThe CBDT has issued guidelines for expeditious tax refund of up to Rs 5,000 in cases where the department wants to adjust the refund with a...
02 Feb, 2016, 12.02 PM IST
Issue swift I-T refunds if arrears below Rs 5,000: CBDTIn a taxpayer friendly move, the government has directed Income Tax officials to issue refunds in cases where outstanding arrears are up to...
15 Jan, 2016, 07.45 PM IST
Just 17 individuals owe a whopping Rs 2.14 lakh crore tax arrearsJust 17 individuals have a whopping Rs 2.14 lakh crore as outstanding tax arrears, with each of them owing more than Rs 1,000 crore.
30 Jul, 2015, 08.04 PM IST
Difficult to recover 97 per cent of Rs 4.82 lakh crore tax arrears: CBDTCBDT has reported that 97 per cent of Income Tax demand arrears, quantified over Rs 4.66 lakh crore, is "difficult" to be recovered.
23 Jun, 2013, 11.31 AM IST
Tax outstanding in J&K stood at Rs 1610 cr at end of FY12: CAGJammu and Kashmir had tax arrears outstanding of Rs 1,610 crore as on March end 2012, says a report of Comptroller and Auditor General (CAG...
07 May, 2013, 02.10 PM IST
Over Rs 4.18 lakh crore outstanding in I-T arrears till December: Finance MinisterThis includes tax arrears of Rs 1,16,773.77 crore by major defaulter Hassan Ali Khan, Chandrika Tapuriah and (Late) Harshad S Mehta, FM sai...
12 Mar, 2013, 04.50 PM IST
- CAG indicts J&K government over non-recovery of Rs 1,211 crore tax
The CAG report said out of the total tax arrears, Rs 1,153.66 crore was outstanding against businessmen, traders and various other organisa...
05 Apr, 2011, 05.25 PM IST
- I-T arrears stood at Rs 2,48,927 crore: Finmin
The total income tax arrears in the country stood at Rs 2,48,927 crore on April 1, 2010, and the Central Board of Direct Taxes (CBDT) is ta...
22 Feb, 2011, 03.01 PM IST
- Total tax arrears at Rs 2 lakh cr: Government
The total tax arrears have galloped to nearly Rs 2 lakh crore till September 30, 2009, an amount sufficient to fund at least half of the go...
21 Nov, 2009, 06.43 AM IST
- Govt awaits Rs 1.5 trillion in arrears on tax, other disputes
Disputes or otherwise, the government is yet to receive over Rs one trillion in taxes from corporate and other entities and add to it other...
07 Jul, 2009, 06.05 PM IST
- Rs 130,733 cr tax arrears mop-up doubtful
Over 80% of India’s cumulative tax arrears may never be recovered. With the global meltdown beginning to hurt India Inc and its profitabili...
09 Nov, 2008, 03.51 AM IST
- Ericsson, Samsung, Coca Cola owe crores to govt in taxes
Indian arms of Ericsson, Daewoo Motors, Samsung and Coca Cola India figure among dozens of MNCs that have outstanding tax liability totalli...
16 Mar, 2008, 01.35 PM IST
- Govt may have to write off Rs 85,000 cr tax arrears
The government may have to write off a whopping Rs 85,000 crore tax arrears out of the total arrears accumulated over the past several year...
03 Jan, 2007, 03.40 PM IST