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Sena (UBT) crisis: Operation successful, says Fadnavis; I never leave operations incomplete, asserts ShindeMaharashtra Chief Minister Devendra Fadnavis declared "Operation Tiger" successful, indicating defections from the Shiv Sena (UBT) to the E...
PMJJBY, PMSBY settle claims worth Rs 25,160 cr since their launch in 2015Jansuraksha schemes have settled claims worth over Rs 25,160 crore. Pradhan Mantri Jeevan Jyoti Bima Yojana settled more than Rs 21,500 cro...
12 key income tax form changes every taxpayer should know: From Form 16 to Form 168A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will use these new fo...
Extend GSTR-3B return filing deadline: Demand by advocates and CAs as the portal is not working properlyChartered accountants and tax professionals are demanding an extension for the GSTR-3B filing deadline, citing persistent issues with the G...
E-way bills: 64.1 million e-invoices generated in October, highest since the introduction of the systemThe e-invoice system under goods and services tax (GST) was launched on October 1, 2020 for the businesses with aggregate turnover of more ...
Are taxpayers ignoring ELSS mutual funds this financial year?Have taxpayers been ignoring the tax-saving mutual fund schemes for a while? Sadly, the Amfi data suggest that the investors’ interest in t...
New tax dispute settlement scheme to involve only faceless interaction: Revenue secyHinting that the income tax rates may come down slightly more in future, finance minister Nirmala Sitharaman said that in the long run, the...
CGST Mumbai zone mops up Rs 72,509-crore revenue till FebruaryThe Mumbai zone consists of 11 tax payers commissionerates. The total revenue collection from the zone from July last year to February stoo...
Tax dept's felicitation of highest tax payers makes HNIs nervousWith income-tax offices across India set to invite up to top 100 tax payers in their regions for felicitation, several individuals have red...
You can now access I-T return filing account without updating contact, profile detailsThe advisory issued on September 22 said, "New Registration process to facilitate effective communication between the tax payer and departm...
GST Networks to analyse statistics of registered taxpayers“We would also be studying trends in various sectors - production types, or turnover for certain commodities such as steel or coal or anyth...
GST site to open soon so filing won't tax youThe GST portal will be a front for the tax payer where registration, return and payments will be filed.It will also provide help-desk suppo...
IT, financial services cos can become GST Suvidha ProvidersGSTN Chairman Navin Kumar today announced the completion of policy formulation and laying out of implementation framework for IT
Conduct non-intrusive investigations: Finance Minister Arun Jaitley tells tax officialsHe impressed upon the need for skill development and upgradation to keep pace with newer and innovative methodologies adopted to evade taxe...
- File e-returns, get income-tax refunds in a month
There is an incentive for taxpayers who file their income-tax returns electronically — they will get their refunds within a month.
- 70% IT refunds elusive to tax payers
According to senior taxmen, they reject an overwhelmingly large number of eligible cases every year for what they call the incidence of mis...
- Income Tax e-filing grows seven times this fiscal
The Income Tax department has registered a seven-fold increase in the number of people using the paperless facility since last year.
- I-T Dept gearing up to check tax evasion
The Income Tax Dept is gearing up to prepare a 360-degree tax profiling of individual tax payers in the country to keep a tab on tax evasio...
- E-filing norms make life simpler for smaller cos
The way in which the country’s tax payers file their returns is set to undergo a major change. To start with, domestic corporates will soon...
- Finmin picks NSDL to develop tax info network
The big-bang computerisation of tax administration has been kick-started, with the finance ministry set to formally rope in the National Se...