Taxpayers

Budget 2018: Trade unions pitch for Rs 5 lakh tax-free income

Budget 2018: Trade unions pitch for Rs 5 lakh tax-free income

Currently, the income tax exemption limit for individual taxpayers is Rs 2.5 lakh, while the minimum EPF pension is Rs 1,000.

Dec 05, 2017, 21:16 PM IST
I-T dept launches 'online chat' to answer taxpayers queries

I-T dept launches 'online chat' to answer taxpayers queries

A window has been hosted on the main page of the department's website -- www.Incometaxindia.Gov.In/ -- with a prominent icon stating 'Live Chat Online- ask your query'.

Oct 18, 2017, 13:48 PM IST
CBDT signs two more APAs with taxpayers

CBDT signs two more APAs with taxpayers

In fiscal 2017-18, 25 APAs (two bilateral and 23 unilateral) have been signed till date, the CBDT said in a statement.

Oct 07, 2017, 10:59 AM IST
20 lakh biz pay GST so far, more to follow: GSTN Chairman

20 lakh biz pay GST so far, more to follow: GSTN Chairman

Till August 21, as much as Rs 42,000 crore had come in as taxes from 10 lakh businesses.

Aug 23, 2017, 18:05 PM IST
Finance Ministry asks taxmen to submit note on high-pitched assessments

Finance Ministry asks taxmen to submit note on high-pitched assessments

Last year, the Central Board of Direct Taxes (CBDT) had set up 'local committees' comprising senior officers in each region to dispose such grievance and complaint petitions within a short period of time.

Aug 21, 2017, 15:44 PM IST
GST rollout: Govt launches webpage to facilitate IT, electronic goods taxpayers

GST rollout: Govt launches webpage to facilitate IT, electronic goods taxpayers

In order to ensure preparedness for the Goods and Services Tax (GST) roll-out from July 1, the Ministry of Electronics & Information Technology has launched a dedicated webpage for facilitating taxpayers with regard to addressing issues related to IT services and electronic goods.

Jun 21, 2017, 17:17 PM IST

Defer GST rollout as IT network not ready: Assocham to FM

Industry chamber Assocham on Saturday demanded postponing GST implementation, saying that taxpayers will find it difficult to comply with the provisions of the new indirect tax regime as the IT network is not yet ready.

Jun 17, 2017, 17:51 PM IST
How to link Aadhaar with PAN using SMS – Here's the guide for you

How to link Aadhaar with PAN using SMS – Here's the guide for you

Here's how you can link your Aadhaar card with PAN using SMS.

Jun 01, 2017, 11:40 AM IST
Link Aadhaar with PAN using SMS: I-T dept

Link Aadhaar with PAN using SMS: I-T dept

The Income Tax Department on Wednesday urged taxpayers to link their Aadhaar with their PAN, using an SMS-based facility.

May 31, 2017, 10:44 AM IST
I-T dept disloses names of 5 defaulters in Delhi

I-T dept disloses names of 5 defaulters in Delhi

As part of its strategy to "name and shame" big defaulters, the Income Tax Department on Thursday published names of five entities who owe over Rs 10 crore in taxes.

 

May 18, 2017, 15:35 PM IST
91 lakh persons come under tax net post note ban: FM Jaitley

91 lakh persons come under tax net post note ban: FM Jaitley

The number of persons under the tax net has increased by 91 lakh as unaccounted cash lost anonymity post note ban, Finance Minister Arun Jaitley said on Tuesday.

May 16, 2017, 19:02 PM IST
91 lakh new taxpayers added, undisclosed income of Rs 16,398 crore identified post demonetisation

91 lakh new taxpayers added, undisclosed income of Rs 16,398 crore identified post demonetisation

Personal income tax return filing has gone up post-demonetisationdue to ownership of unanimous money being identified, Finance Minister Arun Jaitley said on Tuesday.

May 16, 2017, 17:55 PM IST
I-T CPC in Bengaluru gets new pin code for taxpayers benefit

I-T CPC in Bengaluru gets new pin code for taxpayers benefit

Taxpayers wanting to send their paper ITR acknowledgement forms or documents related to refunds and others to the I-T department's CPC in Bengaluru can now send it to a "unique" pin code.

Apr 13, 2017, 16:29 PM IST
I-T to go easy on up to Rs 5 lakh deposits by 70-plus people

I-T to go easy on up to Rs 5 lakh deposits by 70-plus people

The income tax department will be going easy for cash deposits up to Rs 5 lakh made by 70-plus people. This means no further verification will be required in such case.

Feb 22, 2017, 14:55 PM IST
Operation Clean Money: No threat or show cause to taxpayers, CBDT tells taxman

Operation Clean Money: No threat or show cause to taxpayers, CBDT tells taxman

The CBDT on Tuesday asked the taxman to ensure there is no "threat, warning or show cause" notice to taxpayers contacted by it under 'Operation Clean Money' that is aimed at checking black money post-note ban.

 

Feb 21, 2017, 19:43 PM IST
Note ban impact: Over 7 lakh assessees respond to I-T dept query; 'non-statutory' letters to be issued in case of no reply

Note ban impact: Over 7 lakh assessees respond to I-T dept query; 'non-statutory' letters to be issued in case of no reply

The I-T Department on Friday said that more than 7 lakh assessees, out of 18 lakh who were sent SMS/emails for making suspicious deposits post demonetisation, have submitted their response.

 

Feb 17, 2017, 13:07 PM IST
Online I-T grievance redressal facility launched at 60 offices

Online I-T grievance redressal facility launched at 60 offices

After launching the ambitious e-nivaran facility for online redressal of taxpayers' grievances, the Income Tax Department has now opened these windows at its 60 special offices across the country.

Feb 15, 2017, 15:25 PM IST
Operation Clean Money: Over 5.27 lakh taxpayers respond to I-T dept query on cash deposits

Operation Clean Money: Over 5.27 lakh taxpayers respond to I-T dept query on cash deposits

Out of the 7.41 lakh accounts confirmed by the 5.27 Lakh taxpayers, the cash deposit amount has been confirmed in more than 99.5 percent accounts.

Feb 13, 2017, 19:21 PM IST
I-T dept issues 1.62 crore refunds worth Rs 1.42 lakh crore

I-T dept issues 1.62 crore refunds worth Rs 1.42 lakh crore

The income tax department has issued refunds to the tune of Rs 1.42 lakh crore so far this fiscal till February 10, 41.5 percent higher than last year's.

Feb 13, 2017, 19:06 PM IST

Tax officers to maintain digital records of summons, notices

Reducing discretionary powers of taxmen, the income tax department has asked its field officers to maintain digital records of summons, notices and special audit ordered by them.

Feb 08, 2017, 12:50 PM IST