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TAX OMBUDSMAN SYSTEM
Untaxing days ahead for Indians?India's new direct tax law in 2025 simplifies income tax. It introduces a uniform tax year and consolidates salary exemptions. Optional joi...- Bank to pay Rs 1 lakh to credit card customer after its collection agent harassed him to repay bill of a fraud transaction; rules Delhi HCThe Delhi High Court has awarded Rs 1 lakh to a credit card customer. This comes after the customer faced harassment from a bank's recovery...
- How RBI is trying to make banking services customer friendly? Aparna Ramachandra explainsThe Reserve Bank of India is implementing measures to improve the customer experience in the banking sector. The RBI Banking Ombudsman will...
- How to complain against an insurance company: Here are 6 waysIf you are someone who wants to their grievance against an insurance company addressed, here is a look at various ways one can raise a comp...
- Single body for complaints against banks, NBFCs, pre-paid card issuers from June 2021Currently, there are separate ombudsmen for banks, non-banking finance companies and prepaid card issuers. The move is aimed at providing a...
- Tax Ombudsman needed to protect tax-payer’s rights: Eco SurveyTo avoid the conflict of interest, ensure fair dealings and consequently build the trust between taxpayers and the concerned tax authority,...
- View: Govt's move to have a charter of taxpayers is welcome but it needs strong executionThe reform potential of the charter will remain totally unrealised if old attitudes continue.
- Cabinet approves abolition of Ombudsman for direct, indirect taxesThe approval comes against the backdrop of people preferring online grievance redressal mechanism.
- Telecom sector can attract $100 billion investment under NTP 2018: TraiTelecom Regulatory Authority of India (Trai) reiterated its long pending demand of putting in place an ombudsman based consumer grievance r...
- Traders want ombudsman for redressal of GST grievancesCAIT also sought the first two years post the GST rollout from July 1 to be declared as a transition period.
- Govt set to scrap post of mediators in tax rowsThe government is reviewing the set up and may scrap the post as it has found few takers.
- Modi government planning to give NPS a tax-exemption status like provident fund7th Pay Commission in its report submitted on Thursday had recommends Exempt Exempt Exempt (EEE) status for NPS to be at par with other pen...
- Gujarat and 18 other states lose performance grants for failing to introduce basic urban reformsPrime Minister Narendra Modi’s native state Gujarat and 18 others have failed to introduce basic urban and municipal reforms.
- Airlines to mull lowering ticket cancellation chargesAviation Secretary also suggested that domestic carriers should increase operations particularly to those states which have slashed taxes o...
- It makes no sense to exempt political parties from Lokpal's ambitThe Lokpal alone cannot tackle corruption, but it makes no sense to legislate an anti-graft body into existence.
- Appeal effects and refunds: Taxpayers money withheldAs per the provisions of the Income Tax Act, 1961, where as a result of any appellate order, a refund is due to an assessee, the Assessing ...
- Ombudsman has limited role for online taxpayersAt a time when the CBDT is asking taxpayers to use online platform to file returns, there is a problem that might haunt the assessees.
- Net-based tax grievance redressal system soonThe Income Tax department will soon launch an internet-based grievance redressal system for taxpayers to lodge their complaints with taxman.
- Simplicity in tax process will achieve greater complianceconsistency in tax laws will really prove to be a boon to individual taxpayers, who struggle especially in the wake of retrospective amendm...
- Kelkar task force to submit revised report by DecThe Kelkar task force on direct and indirect taxes will submit revised reports to the Union Finance Ministry by the first week of next mont...
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