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TAXPAYER OUTREACH PROGRAMME
CBIC holds outreach programme in Chandigarh to discuss GST 2.0 reforms with taxpayersMore than 200 taxpayers and industry representatives participated in an outreach programme with CBIC leadership. The engagement aimed to di...- CBDT receives around 1,100 applications under foreign assets disclosure schemeSince the launch of the Foreign Assets of Small Taxpayers Disclosure Scheme, approximately 1,100 taxpayers have submitted applications. The...
- Income Tax Department nudges taxpayers holding undisclosed foreign propertiesThe Income Tax Department is encouraging taxpayers to declare undisclosed foreign assets through the FAST-DS initiative. A new e-filing por...
- CBIC to step up outreach as EMI scheme struggles to attract manufacturersThe CBIC will conduct outreach programs to encourage EMI scheme adoption. Data and documentation requirements for the scheme have been subs...
- Customs should accelerate AI usage to reduce cost, physical interface with trusted taxpayers: CBIC chiefIn a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit d...
- Tax reforms drive 1.32 crore updated returns, Rs 16,083 crore additional tax: CBDT memberUpdated income tax returns have increased significantly over four years. New tax regime adoption shows strong uptake among taxpayers filing...
- Adityanath calls for trader-friendly tax system, better services for honest taxpayersUttar Pradesh Chief Minister Yogi Adityanath has instructed the state tax department to boost revenue collection. He emphasised providing f...
- New Income Tax law aims to build transparent, tech-driven ecosystem for taxpayers: OfficialPune's Principal Chief Commissioner of Income Tax, Vivek Wadekar, announced the new Income Tax Act, 2025, aims to simplify compliance and f...
- Trade competitiveness will depend on how industry leverages facilitation measures: CIISpeaking at a webinar here , Chairman of CII Western region Subcommittee on International Trade & Investment and MD, Continental Carriers, ...
- New I-T Act will increase voluntary compliance: OfficialThe Income Tax Act, 2025 will boost voluntary compliance by simplifying provisions and reducing complexity, a senior official said. The rev...
- 'Over 90k salaried wrongly claimed Rs 1000 crore tax benefits'Around 90,000 salaried employees have wrongly claimed tax deductions worth ₹1,070 crore until December 31, 2024, according to the Income Ta...
- 90,000 salaried individuals withdraw Rs 1,070 cr worth wrongful tax deduction claimsAround 90,000 employees from PSUs and private sectors have withdrawn false tax deductions claims amounting to Rs 1,070 crore as of December...
- Over 34.84 lakh IT audit reports filed on e-filing portal up to Oct 7: FinminThe finance ministry reported over 34.84 lakh audit reports, including approximately 34.09 lakh Tax Audit Reports (TARs), were filed for AY...
- Pay taxes on time to make India third-largest economy in world: IT officialPrincipal Chief Commissioner of Income Tax (NER) Chaitali Panmei on Friday called upon people to pay taxes on time to help India become the...
- Over 30 lakh audit reports filed on Income Tax Department portalThe Income Tax Department's e-filing portal received over 30 lakh audit reports by September 30, according to the tax authority of India. T...
- GST officers bust 304 syndicates involving Rs 25,000 crore fake ITC claimsIn an ongoing drive against bogus firms, GST officers have busted 304 syndicates involving 9,000 fake GST identification numbers (GSTINs) a...
- Over 8.22 cr taxpayers in FY20"Total number of taxpayers for AY 2020-21 is 8,22,83,407. The projected total population of the country as on March 1, 2021 .... was 136.30...
- Only about 15% of taxpayers have filed GST Returns, low numbers worry CBIC chiefThe dismal figures has prompted CBIC Chairman Pranab K Das to get the tax commissioners to help out with the process and expedite the retur...
- Subdued demand may force relook at GST composition schemeCBEC is trying to ascertain the reasons for businesses not opting for the Composition Scheme that was especially designed to ease complianc...
- CBEC sanctions Rs 1 cr to each zone for GST outreachSpecial GST awareness campaign has been displayed through 12 Air India aircraft and TV advertisements, and radio jingles are being run on m...
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