taxpayers
Taxpayers need not reveal high-value transactions in ITR
Only third parties would report high-value transactions to the I-T department as per the Income Tax Act
PM Modi unveils new tax platform, says tax paying to become seamless, painless, faceless
Faceless assessment & taxpayers charter come in force from today, whereas faceless service will be available from September 25, Modi said
I-T department refunds ₹62,000 crore to 20 lakh taxpayers
The income tax department has issued tax refunds at a speed of 76 cases per minute from April 8 to June 30, 2020
FM gives relief to small taxpayers, halves interest on delayed filing of GST returns
No late fee will be levied for delayed filing of GST returns by registered entities with nil liability, said Sitharaman
Taxpayers beware of phishing e-mails promising refund
The department issued nearly 14 lakh refunds involving an amount of over Rs 9,000 crore to various taxpayers
New tax structure gives option to save tax: Revenue Secy
In the new regime, 5 per cent tax is levied on an annual income between Rs 2.5 lakh and Rs 5 lakh.
One-fifth taxpayers file return on last day: GST Network
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.
GST Council to set up grievance redressal mechanism for taxpayers
The committee will meet once every quarter or more frequently as decided by the co-chairs.
Deadline for filing GST annual returns extended; forms simplified
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.
Tax dept should conduct awareness drives to help traders in filing returns: UP CM
Expressing dissatisfaction over registration of only 14 lakh traders in the state, he said the number should at least reach 25 lakh.