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PAN allotment to remain suspended for five days

However, applications for fresh Permanent Account Number (PAN) will continue during this time on the two designated and government-authorised web portals of NSDL and UTIITSL.

CBDT announced that recommendations of TARC, a government-appointed panel on reforms in tax administration will be implemented soon.
CBDT has created a one-time 90-day 'compliance window,' so that black money hoarders can declare their illegal funds before its expiry on Sept 30
Arun Jaitley sought support of political parties and state governments for implementation of Goods and Service Tax reform.
The tax payers base in the country is just over 4 crore.
The dismissal comes after the government this month said it would revise its tax rules to exempt foreign companies from having to pay MAT.
Most of the posts up to the level of deputy commissioner of income tax are lying vacant even after more than two years of cadre-restructuring approval.
CBDT on Thursday issued a circular asking its fields officers to keep in abeyance pending assessments and not to recover any outstanding demand.
SME banne