The income tax department has issued tax refunds at a speed of 76 cases per minute from April 8 to June 30, 2020
03 Jul 2020 3:32 PM
No late fee will be levied for delayed filing of GST returns by registered entities with nil liability, said Sitharaman
12 Jun 2020 5:05 PM
The department issued nearly 14 lakh refunds involving an amount of over Rs 9,000 crore to various taxpayers
03 May 2020 4:05 PM
In the new regime, 5 per cent tax is levied on an annual income between Rs 2.5 lakh and Rs 5 lakh.
04 Feb 2020 11:01 AM
In the last three days 8.32 lakh, 6.09 lakh and 13.30 lakh GSTR-3B returns were filed on January 18, 19 and January 20.
22 Jan 2020 10:12 AM
The committee will meet once every quarter or more frequently as decided by the co-chairs.
26 Dec 2019 11:47 AM
The earlier deadline for filing of GSTR-9 and GSTR-9C for 2017-18 was November 30, 2019, while that for 2018-19 was December 31, 2019.
14 Nov 2019 5:01 PM
Expressing dissatisfaction over registration of only 14 lakh traders in the state, he said the number should at least reach 25 lakh.
13 Nov 2019 11:19 AM
Infrastructure investment of Rs 100 lakh crore will be needed for achieving USD 5 trillion GDP, said Union minister Anurag Thakur.
12 Sep 2019 5:54 PM
Out of the 5.65 crore ITRs filed so far, 3.61 crore have been verified.
02 Sep 2019 4:40 PM
GSTR-9C is filed by those whose annual turnover exceeds Rs 2 crore.
27 Aug 2019 10:39 AM
The CBDT has also specified exceptional circumstances where the communication could be issued manually.
14 Aug 2019 7:13 PM
Cyber criminals are using fake SMS to trick customers into sharing bank account details, finds Quickheal.
14 Aug 2019 12:55 AM
The FAQs are based on the queries received by the CBDT to help assessees file ITRs.
12 Aug 2019 10:34 AM
The CBDT said that the software utility for e-filing of all the ITR forms has been released long back.
24 Jul 2019 4:41 PM
Revenue collection under the direct taxes head has grown and the total tax base has also increased to over 7 crore taxpayers at present.
24 Jul 2019 3:40 PM
There have been demands for an extension in filing ITR date since issuance of TDS statement for 2018-19 fiscal was delayed.
23 Jul 2019 8:19 PM
Thakur said 46,13,91,168 Permanent Account Numbers (PANs) have been allotted as on July 30, 2019.
23 Jul 2019 8:54 AM
The format of Form-16 has been changed to make it in sync with the format of Income Tax return (ITR).
17 Jul 2019 2:58 PM
IT Dept issued a statement saying the updating process of these forms' utility software does not hamper filing of returns.
16 Jul 2019 10:10 PM