Tax Default
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Madhya Pradesh Civic Body Seizes Man's Buffalo For Not Paying Water Tax
Gwalior Municipal Corporation (GMC) on Friday seized a buffalo belonging to a dairy operator for defaulting in payment of water tax.
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2 Properties Of Mall In Delhi's Raja Garden Sealed For "Defaulting On Property Tax"
Civic authorities on Tuesday initiated sealing and attachment action against two properties of a mall in Raja Garden area in New Delhi for "defaulting on property tax" worth nearly Rs 9 crore, officials said.
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New Tax Regime Will Leave Higher Disposable Income: Nirmala Sitharaman
The new income tax regime has been made the default tax regime. However, the citizens will continue to have the option to avail the benefit of the old tax regime.
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Old Tax Regime And New Tax Regime Explained In 3 Scenarios
The new tax regime has been made the default system for everyone. The old tax regime will be available on request, the finance minister announced
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No Tax On Income Up To 7 Lakhs, Centre Says New Tax Regime "Attractive"
Nothing changes if you choose the Old Tax Regime, which has exemptions for investments; New regime is now the default scheme unless you opt for Old
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ED Investigates Gaming Companies’ GST Evasion Worth Rs. 23,000 Crore
The Directorate of Enforcement is investigating GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022, Minister of State for Finance Pankaj Chaudhary said on Monday. The ED has attached proceeds of crime in cases related to cyber and crypto assets frauds.
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Sovereign Default: Hemant Soren To PM Modi Over GST Compensation Plan
Jharkhand Chief Minister Hemant Soren wrote to Prime Minister Narendra Modi on the centre not giving full Goods and Services Tax (GST) compensation to the states, saying this "act of sovereign default" runs against the very spirit of the cooperative federalism.
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Delhi Government Warns Of Strict Action Against Firms Defaulting On Tax
The Delhi government has warned tax defaulters of stringent action as it found that 10,800 companies did not pass on the full amount they collected from people as taxes, an official statement said.
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Karnataka Businessman Jailed For Rs 7.35 Crore Tax Default
The Income-Tax department arrested and jailed a Karnataka businessman for defaulting on paying Rs 7.35 crore as income tax arrears and interest despite reminders, an official said today.
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Bengaluru Businessman Arrested While Trying To Leave India: Tax Officials
A city-based businessman, who has defaulted on income tax payments with arrears of Rs 11.94 crore plus interest, was on Tuesday detained to a civil prison at Parappana Agrahara Central Jail for six months for failing to make satisfactory arrangement for payment of arrears, officials said.
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Man Arrested For Rs 12 Crore Tax Default From Mumbai Airport
The Income Tax Department has invoked a rarely used power and arrested a Karnataka-based businessman for alleged tax default of about Rs 12 crore, a senior official said on Tuesday.
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Over 50,000 Tax Defaulters Sent Show Cause Notices, Says Delhi Government
The Delhi government's Trade and Taxes Department has issued show cause notices to 51,500 people for defaulting on tax payment, an official said on Friday.
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Income Tax Department Publicly Names Defaulters Owing Rs 490 crore
The department issued an advertisement as part of its name and shame defaulters policy.
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Income Tax Department Files Six Cases Against Rotomac Owner
Rotomac owner Vikram Kothari is being investigated in connection with the Rs 3,695 crore bank loan default case involving Bank of Baroda.
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Tax Defaulters Not To Get Off The Hook Easily. 5 Things To Know
The government of India has recently amended the rules and empowered the taxman to use banking, insurance and municipal corporation's database to obtain address of an untraceable income tax defaulter
-
Madhya Pradesh Civic Body Seizes Man's Buffalo For Not Paying Water Tax
Gwalior Municipal Corporation (GMC) on Friday seized a buffalo belonging to a dairy operator for defaulting in payment of water tax.
-
2 Properties Of Mall In Delhi's Raja Garden Sealed For "Defaulting On Property Tax"
Civic authorities on Tuesday initiated sealing and attachment action against two properties of a mall in Raja Garden area in New Delhi for "defaulting on property tax" worth nearly Rs 9 crore, officials said.
-
New Tax Regime Will Leave Higher Disposable Income: Nirmala Sitharaman
The new income tax regime has been made the default tax regime. However, the citizens will continue to have the option to avail the benefit of the old tax regime.
-
Old Tax Regime And New Tax Regime Explained In 3 Scenarios
The new tax regime has been made the default system for everyone. The old tax regime will be available on request, the finance minister announced
-
No Tax On Income Up To 7 Lakhs, Centre Says New Tax Regime "Attractive"
Nothing changes if you choose the Old Tax Regime, which has exemptions for investments; New regime is now the default scheme unless you opt for Old
-
ED Investigates Gaming Companies’ GST Evasion Worth Rs. 23,000 Crore
The Directorate of Enforcement is investigating GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022, Minister of State for Finance Pankaj Chaudhary said on Monday. The ED has attached proceeds of crime in cases related to cyber and crypto assets frauds.
-
Sovereign Default: Hemant Soren To PM Modi Over GST Compensation Plan
Jharkhand Chief Minister Hemant Soren wrote to Prime Minister Narendra Modi on the centre not giving full Goods and Services Tax (GST) compensation to the states, saying this "act of sovereign default" runs against the very spirit of the cooperative federalism.
-
Delhi Government Warns Of Strict Action Against Firms Defaulting On Tax
The Delhi government has warned tax defaulters of stringent action as it found that 10,800 companies did not pass on the full amount they collected from people as taxes, an official statement said.
-
Karnataka Businessman Jailed For Rs 7.35 Crore Tax Default
The Income-Tax department arrested and jailed a Karnataka businessman for defaulting on paying Rs 7.35 crore as income tax arrears and interest despite reminders, an official said today.
-
Bengaluru Businessman Arrested While Trying To Leave India: Tax Officials
A city-based businessman, who has defaulted on income tax payments with arrears of Rs 11.94 crore plus interest, was on Tuesday detained to a civil prison at Parappana Agrahara Central Jail for six months for failing to make satisfactory arrangement for payment of arrears, officials said.
-
Man Arrested For Rs 12 Crore Tax Default From Mumbai Airport
The Income Tax Department has invoked a rarely used power and arrested a Karnataka-based businessman for alleged tax default of about Rs 12 crore, a senior official said on Tuesday.
-
Over 50,000 Tax Defaulters Sent Show Cause Notices, Says Delhi Government
The Delhi government's Trade and Taxes Department has issued show cause notices to 51,500 people for defaulting on tax payment, an official said on Friday.
-
Income Tax Department Publicly Names Defaulters Owing Rs 490 crore
The department issued an advertisement as part of its name and shame defaulters policy.
-
Income Tax Department Files Six Cases Against Rotomac Owner
Rotomac owner Vikram Kothari is being investigated in connection with the Rs 3,695 crore bank loan default case involving Bank of Baroda.
-
Tax Defaulters Not To Get Off The Hook Easily. 5 Things To Know
The government of India has recently amended the rules and empowered the taxman to use banking, insurance and municipal corporation's database to obtain address of an untraceable income tax defaulter
