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TAXPAYERS WILLING
Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...- Is India's 1991 economic model dead? Why 'reforms' aren't enough & the state must step inIndia faces economic headwinds from global events and domestic investor wariness. The traditional reform model is no longer sufficient. Str...
- The Indian club that outlasted the British may not survive ModiThe Indian government has moved to evict the historic Delhi Gymkhana Club from its 27-acre site in central Delhi, saying the land near Prim...
- Republicans clash with Trump over payouts tied to ‘weaponization’ claimsRepublicans in the US Congress are opposing President Donald Trump's proposed $1.776 billion fund for alleged victims of government weaponi...
- Hardline Republicans slam Trump’s emerging plan to end Iran warPresident Donald Trump's proposed deal to end the Iran war is facing strong opposition from some Republicans. Critics worry the terms might...
- Tax framework ensures level playing field for industry, says Arvind ShrivastavaNew Delhi's tax framework ensures fair competition for Indian industry. Revenue Secretary Arvind Shrivastava highlighted budget reforms for...
- CBDT sets April 30 deadline for availing Vivad Se Vishwas schemeThe Income Tax Department has set April 30, 2025, as the deadline for taxpayers to file declarations under the Vivad Se Vishwas dispute res...
- I-T dept issues 2nd FAQ on Vivad Se Vishwas Scheme, covers all appeals pending as on July 22The Income Tax Department has clarified eligibility for the Vivad Se Vishwas Scheme, 2024, stating that appeals pending as of July 22, 2024...
- Declarants under Vivad Se Vishwas scheme have time till March 31 to make payment"It is hereby clarified that where a declarant files a declaration under Vivad se Vishwas on or before 31st December, 2020, the designated ...
- Govt extends last date for availing direct tax dispute resolution scheme till December 31Further, where arrears relate to disputed interest or penalty only, then 25% of the amount is to be paid by March 31, 2021 and 30% after Ap...
- Government garners Rs 9,538 crore from direct tax dispute resolution scheme so farIn March, Parliament passed the Direct Tax Vivad Se Vishwas Act. The dispute resolution scheme is valid till December 31, 2020.
- CBIC to focus on behavioural patterns of taxpayers to improve GST complianceThe plan is based on 'behavioural interventions' or 'non-deterrence approach' adopted by countries like the UK, Australia and Mexico to fra...
- Business houses get time till August 16 to opt for GST composition schemeThe government is mindful of the concerns of tax payers, especially the small taxpayers, arising from transition to the GST regime from Jul...
- Are you an honest taxpayer? Find outThree out of five taxpayers are willing to under-report income to evade tax, says an ET Wealth survey. Find out the legal implications of t...
- Here's the tax payers' wishlist for Budget 2016The Seventh Pay Commission has already put pressure on the government’s coffers so it is unlikely that the FM will play Santa Claus this ye...
- CBDT looks to connect with taxpayers online in smaller casesThe Central Board of Direct Taxes (CBDT) has identified non-corporate charges at five locations and 100 initial cases for e-hearing.
- US entices NRIs to disclose their unreported assetsOn June 18, 2014, the IRS announced new Streamlined Foreign Offshore Procedures (SFOP), which will significantly alter all future voluntary...
- IRS to refund certain 2009 OVDP penaltiesThe penalty refunds are based on certain conditions which set the tone for IRS' policy on this matter. Let us look at what these conditions...
- Budget 2012: What taxpayers want from the Finance MinisterMore people want a balanced budget than a tax-friendly one, according to an online survey by economictimes.com.
- IRS reopens Offshore Voluntary Disclosure Program: Should Indian Americans apply?The offshore voluntary disclosure program (OVDP) offers a lower rate of penalty for defaulters who come forward and make voluntary disclosu...
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