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Total 419 results found. Search for [ income tax payers ]

Results 1 to 21 of 419
Rajeev Dubey
New Delhi, March 31, 2021
If India's tax- to-GDP ratio of 17.7 per cent has to get anywhere near developed countries' 25-35-36 per cent, those who should pay taxes must be brought under the tax net. But that's easier said than done


Dipak Mondal
New Delhi, March 31, 2021
As tech helps tax authorities check evasion and fraud, taxpayers complain of harassment and misuse of powers


Rai Vinaykumar
February 25, 2021
Accepting that the government has missed its disinvestment target over the last few years, Sitharaman said pandemic affected its plans in FY20, while a slowing economy and lack of appetite hit in FY19.


Dipak Mondal
February 9, 2021
The government had raised the threshold income for paying tax to Rs 5 lakh in the interim budget of 2019. According to data from the income tax department, there were 8.04 crore individual taxpayers in assessment year 2018-19 of which 5.95 crore filed returns


Aprajita Sharma
January 27, 2021
Apart from long pending demands of hike in limits under Sections 80-C and 80-D of Income-tax Act, they also expect COVID-linked tax concessions, more attractive new tax regime and simplified capital gains structure


Dipak Mondal
December 23, 2020
The government has notified on Tuesday the recommendations of the Law Committee of the GST Council in order to control the menace of GST fake invoice frauds


Shefali Goradia
November 11, 2020
The Indian government should narrow down the scope ofEqualisation Levy (EL)-2020 in the upcoming Budget 2021 in line with global trends such that businesses are able to take decisions more freely and with greater certainty


BusinessToday.In
October 20, 2020
As per a survey conducted by Nielsen for PGIM Mutual Fund, 51 per cent of Indians do not have a retirement plan ready and barely one in five takes inflation into account while planning for retirement


Prasanna Mohanty
September 14, 2020
Not only India's relief packages are grossly inadequate it is not even spending enough to revive demand in the crisis-hit economy; what is needed is clear: more fiscal spending, not \"keeping the power dry\" for future stimulus or unrealistic claim of a V-shaped recovery


BusinessToday.In
August 14, 2020
Hotel bills above Rs 20,000, life insurance payments over Rs 50,000, and payment of school or college fees over Rs 1,00,000 a year is expected to come under income tax department's scanner


Dipak Mondal
August 13, 2020
The taxpayers' charter not only enlist the tax department's commitment towards taxpayers but also the department's expectations from the taxpayers. While how effective the charter this time around is can be found in details, it will primarily depend on its legal status


Dipak Mondal
August 13, 2020
The tax department immediately after prime minister Narendra Modi's formal announcement of a faceless and seamless tax administration issued a circular saying that surveys will now be conducted with utmost responsibility and accountability


BusinessToday.In
August 2, 2020
In a letter to Principal Chief Commissioners of Income Tax, the CBDT chief stated that though several taxpayers are waiting to file their applications under 'Vivad Se Vishwas' scheme, they are also expecting an accurate tax demand to be intimated to them


Dipak Mondal
July 21, 2020
According to the tax department, the Memorandum of Understandings (MoUs) will facilitate the sharing of data and information between the tax department and these entities on an automatic and regular basis.


Surajit Das | Vaishali| Kirti Jain
July 17, 2020
If the aggregate demand for credit does not rise, clearly, 75% of the Aatmanirbhar Bharat Abhiyan package would simply fail to stimulate the economy


PTI
July 5, 2020
Through a notification, the Central Board of Direct Taxes (CBDT) has amended Income Tax Rules to include TDS on e-commerce operators, dividend distributed by mutual funds and business trusts, cash withdrawals, professional fees and interest


Naveen Kumar
June 29, 2020
If you do not take timely action to save this TDS deduction you will have to wait for more than a year to file your ITR next year and then wait for few more months to get the refund


BusinessToday.In
May 3, 2020
Amid the ongoing financial crisis during the coronavirus lockdown, the I-T department has fast-tracked the process of issuing all pending income tax refunds up to Rs 5 lakh


Anand Adhikari
New Delhi, April 17, 2020
Many people, including retired and pensioners depend on dividend income. Should investors shun banking stocks as there's risk that government or RBI will ask them to extend helping hand in crisis?


PTI
March 9, 2020
The Electronics City police have registered a case of cheating and criminal breach of trust against them


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