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TAX AMNESTY SCHEME
Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...- Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
- Inspection scheme soon to flag firms dodging EPFOIn a bid to strengthen worker protections, the Labour and Employment Ministry is launching a comprehensive inspection program. This proacti...
- Delhi govt plans one-time tax amnesty scheme to settle pre-GST disputesThe Delhi government is preparing to launch a one-time tax amnesty scheme to settle pre-GST disputes related to VAT, excise, and service ta...
- Municipal Corporation Delhi launches house tax amnesty scheme to ease burden on property ownersThe BJP-led Municipal Corporation Delhi (MCD) has introduced a house tax amnesty scheme to resolve issues of high taxes and arrears dating ...
- Just few days before deadline govt amends GST Amnesty Scheme under Section 128A to give relief to these GST registered taxpayersGST Amnesty Scheme: March 31, 2025 is the deadline to pay the tax demand dues. June 30, 2025 is the deadline to apply for GST Amnesty Schem...
- PwC for extension of beneficial tax regime for new manufacturing cosPwC has recommended extending tax benefits for new manufacturing companies and introducing a tax amnesty scheme for Customs cases to Financ...
- GST council may cut upfront payment for tax appeal to 7%The council could also consider an amnesty scheme for disputes of the pre-GST regime and a proposal to make biometric-based Aadhaar authent...
- Budget 2022: Is there another tax amnesty scheme?To find a way around, governments usually announce an "income-tax amnesty scheme" whereby tax defaulters are given the opportunity to decla...
- Pakistan's amnesty scheme pulls in Rs 80 billion in taxNearly 5,000 people in Pakistan have filed returns declaring their foreign assets and deposited approximately Rs 80 billion in taxes so far...
- Mopup from Tax amnesty scheme pegged at Rs 1,000 croreTax amnesty schemes tend to be fallow ground except when announced at long intervals. India has had 12 amnesty schemes since 1951.
- Tax authorities' amnesty schemes have failed miserablyAmnesty schemes have long been a favoured tool for tax authorities to recover dues - since independence - but have flopped miserably.
- TARC not in favour of tax amnesty to unearth black moneyHeaded by tax expert Parthasarthi Shome, the TARC has recommended that taxpayers should not be encouraged through tax amnesty schemes.
- Service tax amnesty scheme VCES yields Rs 1,500 crore in revenueGovt aims to collect Rs 1.80 lakh crore in service tax in the current fiscal and the FM has been encouraging assessees to utilise the schem...
- Tax amnesty schemes makes senseIt makes sense to be pragmatic on some well-designed tax amnesty schemes.
- Govt mulls tax amnesty schemeAmid mounting pressure to crack down on black money, the revenue department is contemplating a scheme to unearth such funds.
- Amnesty scheme for tax-evadersThe Maharashtra Budget announced on Thursday has offered an amnesty scheme for those who avoid paying profession tax.
- Black is beautiful, Give it to meWorld over, amnesty schemes have had mixed results - from a stupendous success in Ireland to a total disaster in Argentina. As India is on ...
- No amnesty, but evaders may get another breatherThe UPA government is set to come up with schemes to unearth black money, but without offering amnesty.
- MoF raises doubts about future amnesty schemesThe law ministry has raised some questions on the viability of future amnesty schemes.
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