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GST Portal Seeks Extension For Filing Return As Portal Faces Technical Glitch
The GST Network has sought an extension for filing GST sales returns after it flagged a technical glitch in its system to the Central Board of Indirect Taxes and Customs.
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Deadline For Filing Revised Income Tax Return Extended To January 15: Tax Body
The last date for filing an Income Tax Return for the financial year 2023-24 was July 31, and for those who could not, the time was for filing a revised ITR with late fees was December 31, but now, the CBDT has extended this deadline to January 15.
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UP Gets Rs 31,962 Crore Advance Installment Of Tax Devolution From Centre
Uttar Pradesh on Thursday received Rs 31,962 crore advance instalment from the central government, the largest share among all states, as part of tax devolution ahead of the festive season.
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Top Tax Authority CBDT Forms Panel To Review Income Tax Law
An internal committee of the Income Tax Department will review the 1961 direct tax law to eliminate redundant clauses as well as adopt best global practices to simplify it for taxpayers for better compliance, CBDT chief Ravi Agrawal has said.
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Centre Not To Relax $4 Billion Tax Demand To Infosys: Report
The central government is not considering any relaxation over the 320 billion rupees ($4 billion) tax demand it sent to Infosys, according to a government source.
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"Anti-People In Nature": Mamata Banerjee On Budget Move To Tax Insurance
West Bengal Chief Minister Mamata Banerjee has urged the BJP-led central government to withdraw GST on life and medical insurance premiums, saying that it adversely affects people's ability to take care of their vital needs.
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Income Tax Was Introduced On This Day: Celebrating India's Fiscal Milestone
This day marks a significant milestone in India's fiscal history, laying the groundwork for the country's tax system.
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Rajasthan Gets New Industrial Park In Union Budget 2024
Rajasthan has received a major industrial park in the first Budget of the BJP-led government at the Centre, with the state receiving Rs 7,000 crore more as a share of Central taxes this time.
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IRS Officer Ravi Agrawal Appointed Central Board of Direct Taxes Chairman
Ravi Agrawal, a 1988-batch IRS officer, has been appointed as the new chairman of the Central Board of Direct Taxes (CBDT), the administrative body for the Income Tax Department.
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"Voters Rejected...": Sharad Pawar's Daughter Supriya Sule After Baramati Win
Nationalist Congress Party (Sharadchandra Pawar) leader Supriya Sule thanked her supporters and said that voters had rejected the "repression" of the central agencies such as the Enforcement Directorate and Central Bureau of Investigation (CBI).
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Brazil’s CBDC Pilot Reportedly Delayed to 2025 Due to Lack of Privacy Safeguards: Details
Brazil has reportedly postponed the pilot of its Drex CDBC to 2025 as the central bank feels, blockchain privacy solutions are insufficient. The regulator is looking to prevent financial inconvenience to Brazilian nationals. The CBDC is expected to finetune the country’s financial compliance, banking, and tax secrecy regulations.
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Will Central Agency Officials Dare To Check BJP Leaders' Choppers: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee on Monday dared the Income tax officials to check the chopper used by BJP leaders for the election campaign.
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After Congress Complaint, Poll Panel To Verify Union Minister's Affidavit
Lok Sabha elections 2024: The ECI has directed the CBDT to verify potential mismatch - between actual and declared assets, and income - in affidavits filed by the BJP's Rajeev Chandrasekhar ahead of his candidature for the Lok Sabha el
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Arvind Panagariya Appointed New Finance Commission Head
The central government on Sunday appointed Arvind Panagariya as the chairman of the new Finance Commission that will recommend how federal taxes will be shared with states.
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Bill To Amend Central Goods And Services Tax Act Introduced In Lok Sabha
A bill to align provisions of the Central Goods and Services Tax Act with Tribunal Reforms Act to initiate the administrative process for operationalisation of the Goods and Services Tax Appellate Tribunals was introduced in Lok Sabha on Wednesday.
-
GST Portal Seeks Extension For Filing Return As Portal Faces Technical Glitch
The GST Network has sought an extension for filing GST sales returns after it flagged a technical glitch in its system to the Central Board of Indirect Taxes and Customs.
-
Deadline For Filing Revised Income Tax Return Extended To January 15: Tax Body
The last date for filing an Income Tax Return for the financial year 2023-24 was July 31, and for those who could not, the time was for filing a revised ITR with late fees was December 31, but now, the CBDT has extended this deadline to January 15.
-
UP Gets Rs 31,962 Crore Advance Installment Of Tax Devolution From Centre
Uttar Pradesh on Thursday received Rs 31,962 crore advance instalment from the central government, the largest share among all states, as part of tax devolution ahead of the festive season.
-
Top Tax Authority CBDT Forms Panel To Review Income Tax Law
An internal committee of the Income Tax Department will review the 1961 direct tax law to eliminate redundant clauses as well as adopt best global practices to simplify it for taxpayers for better compliance, CBDT chief Ravi Agrawal has said.
-
Centre Not To Relax $4 Billion Tax Demand To Infosys: Report
The central government is not considering any relaxation over the 320 billion rupees ($4 billion) tax demand it sent to Infosys, according to a government source.
-
"Anti-People In Nature": Mamata Banerjee On Budget Move To Tax Insurance
West Bengal Chief Minister Mamata Banerjee has urged the BJP-led central government to withdraw GST on life and medical insurance premiums, saying that it adversely affects people's ability to take care of their vital needs.
-
Income Tax Was Introduced On This Day: Celebrating India's Fiscal Milestone
This day marks a significant milestone in India's fiscal history, laying the groundwork for the country's tax system.
-
Rajasthan Gets New Industrial Park In Union Budget 2024
Rajasthan has received a major industrial park in the first Budget of the BJP-led government at the Centre, with the state receiving Rs 7,000 crore more as a share of Central taxes this time.
-
IRS Officer Ravi Agrawal Appointed Central Board of Direct Taxes Chairman
Ravi Agrawal, a 1988-batch IRS officer, has been appointed as the new chairman of the Central Board of Direct Taxes (CBDT), the administrative body for the Income Tax Department.
-
"Voters Rejected...": Sharad Pawar's Daughter Supriya Sule After Baramati Win
Nationalist Congress Party (Sharadchandra Pawar) leader Supriya Sule thanked her supporters and said that voters had rejected the "repression" of the central agencies such as the Enforcement Directorate and Central Bureau of Investigation (CBI).
-
Brazil’s CBDC Pilot Reportedly Delayed to 2025 Due to Lack of Privacy Safeguards: Details
Brazil has reportedly postponed the pilot of its Drex CDBC to 2025 as the central bank feels, blockchain privacy solutions are insufficient. The regulator is looking to prevent financial inconvenience to Brazilian nationals. The CBDC is expected to finetune the country’s financial compliance, banking, and tax secrecy regulations.
-
Will Central Agency Officials Dare To Check BJP Leaders' Choppers: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee on Monday dared the Income tax officials to check the chopper used by BJP leaders for the election campaign.
-
After Congress Complaint, Poll Panel To Verify Union Minister's Affidavit
Lok Sabha elections 2024: The ECI has directed the CBDT to verify potential mismatch - between actual and declared assets, and income - in affidavits filed by the BJP's Rajeev Chandrasekhar ahead of his candidature for the Lok Sabha el
-
Arvind Panagariya Appointed New Finance Commission Head
The central government on Sunday appointed Arvind Panagariya as the chairman of the new Finance Commission that will recommend how federal taxes will be shared with states.
-
Bill To Amend Central Goods And Services Tax Act Introduced In Lok Sabha
A bill to align provisions of the Central Goods and Services Tax Act with Tribunal Reforms Act to initiate the administrative process for operationalisation of the Goods and Services Tax Appellate Tribunals was introduced in Lok Sabha on Wednesday.
