taxpayer
CBDT launches one-time facility for compounding of income tax offences
In order to avail the facility a taxpayer will have to file an application for compounding a tax offence before the competent authority.
Govt working as an accountant for every taxpayer: CBDT Chairman
The CBDT Chairman said he is confident of achieving the Rs 13.35 lakh crore target for direct tax collections in 2019-20.
New CBDT boss asks I-T dept to maximise revenue collection, get more taxpayers
Tax department has been given a target in Union budget to collect Rs 11.5 lakh cr revenue under the direct taxes category.
GST payers can approach tax officer to change username, password
The e-mail and mobile number can be updated by the concerned jurisdictional tax authority of the taxpayer.
Notice shot off to businesses for less IGST input credit claim
The analytics was conducted based on data between July to March - the first nine months of GST rollout.
Standard deduction allowed for pension
The standard deduction was discontinued from the assessment year 2006-07, but was re-introduced in 2018-19 Budget.
Central Board of Direct Taxes amends Section 16 of Income Tax Act
The pension received by a taxpayer from his former employer is taxable under the head 'Salaries'.
Unevenness in taxes paid by salaried class, business people: Adhia
For assessment year 2016-17, 1.89 crore salaried individuals have filed I-T returns and paid total tax of Rs 1.44 lakh crore.
50 pc increase in indirect taxpayer base post GST: Economic Survey
GST collections in July was over Rs 95,000 crore, while in August figure was over Rs 91,000 crore.
Businesses can now cancel registration on GSTN
Migrated businesses with turnover up to Rs 20 lakh who have not issued invoice can cancel their registration on portal.