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Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax
The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.
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Centre Rejects Reports Of Change In New Income Tax Regime From April 1
The finance ministry on Monday said there is no change in the new income tax regime for individuals for the current fiscal year and individual taxpayers can opt out of the regime at the time of filing their ITR.
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Interim Budget 2024: Direct Tax Demand Up To Rs 25,000 To Be Withdrawn. See Key Details
The Centre will not pursue taxpayers to recover old direct taxes up to Rs 25,000 till the financial year 2009-10, Finance Minister Nirmala Sitharaman said in her interim Budget 2024 speech today.
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AAP Gujarat Chief Says Rs 830 Crore Spent On 'Mann Ki Baat', Faces Police Case
Police have registered a case against Aam Aadmi Party's Gujarat president Isudan Gadhvi for allegedly claiming through a tweet that the Centre has so far spent Rs 830 crore of the taxpayers' money on 100 episodes of PM Modi's 'Mann ki Baat'
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Narendra Modi Speech Highlights: Farmers, Taxpayers Behind COVID Welfare Schemes' Success, Says PM
Prime Minister Narendra Modi on Tuesday gave credit to the farmers and taxpayers for enabling the Centre to provide free foodgrains during the COVID-19 phase to the poor and needy in the country.
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In Relief For Taxpayers, Centre Ups Limit For Filing Appeals In Tax Cases
With about Rs 5 lakh crore stuck in litigations, the government has decided to hike the threshold monetary limit for tax department to file appeals in tribunals and courts to bring down litigation by 41 per cent, Finance Minister Piyush Goyal said today.
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After Flop Attempt, Centre Planning To Sell 100% Air India Shares: Report
Government will soon revive the sale of its money-losing flag carrier with new guidelines after a recent attempt ended in a debacle last month, as the proposed terms deterred potential investors.
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For Serving E-Notices, Income Tax Department Notifies New Scheme
Finance Minister Arun Jaitley had announced in his Budget speech that the electronic assessment of tax returns would be launched in the country.
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Nirav Modi Left India On Jan 1, Centre Moves To Cancel Passport: 10 Facts
Nirav Modi's home, showrooms and offices in Mumbai, Delhi and Surat were searched on Thursday after Punjab National Bank (PNB) complained of staggering fraud at the cost of the taxpayer to benefit the celebrity jeweller and others. Nirav Modi, recently seen in a group photo in Davos with Prime Minister Narendra Modi, flew out of India on January 1....
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85% Quota For Our Students In Delhi University Colleges: Assembly To Centre
Reviving the demand for reservation for students from the national capital in Delhi University (DU) colleges, the Delhi Assembly on Thursday asked the central government to introduce a 85 per cent quota in 28 DU colleges for the city's students. The Arvind Kejriwal-led Aam Aadmi Party government said these 28 colleges received funds from the city g...
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GST Call Centres To Go Live Next Week: 10 Things To Know
GSTN is a special purpose vehicle set up primarily to provide IT infrastructure and services to the central and state governments, taxpayers and other stakeholders for implementation of GST.
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GST Help Centres To Help Taxpayers Tide Over Teething Troubles
Help is at hand for those who have questions about India's biggest tax reform since Independence, the Goods and Services Tax or GST. For the last six months, 34 GST Suvidha Kendras or help centres across the country, on a daily basis, are addressing questions on the new levy from taxpayers across the country.
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91 Lakh New Taxpayers Since Notes Ban, Says Government
Six months after PM Narendra Modi scrapped high value 500 and 1,000-rupee notes the centre has something to cheer. Before the unprecedented November 8 decision to cancel 86 percent of currency in circulation there were nearly five crore tax payers in India but since then nearly 91 lakh people have been added to the list of tax paying Indians, Finan...
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'Why Force Aadhaar On Taxpayers?' Minister Arun Jaitley Has The Answer
The controversial move to force income taxpayers to link their permanent account number or PAN to the 12-digit Aadhaar number is a key step taken by the Centre as part of the ongoing exercise to clamp down on black money, Finance Minister Arun Jaitley said. The new provisions, part of the Finance Bill that was cleared by the Lok Sabha after Mr Jait...
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Thane Call Centre Scam: 2 Detained From Ahmedabad
Two persons have been detained from Ahmedabad in connection with the multi-crore fake call centre scam wherein US-based taxpayers were allegedly conned by Indian tele-callers, police said on Tuesday.
-
Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax
The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.
-
Centre Rejects Reports Of Change In New Income Tax Regime From April 1
The finance ministry on Monday said there is no change in the new income tax regime for individuals for the current fiscal year and individual taxpayers can opt out of the regime at the time of filing their ITR.
-
Interim Budget 2024: Direct Tax Demand Up To Rs 25,000 To Be Withdrawn. See Key Details
The Centre will not pursue taxpayers to recover old direct taxes up to Rs 25,000 till the financial year 2009-10, Finance Minister Nirmala Sitharaman said in her interim Budget 2024 speech today.
-
AAP Gujarat Chief Says Rs 830 Crore Spent On 'Mann Ki Baat', Faces Police Case
Police have registered a case against Aam Aadmi Party's Gujarat president Isudan Gadhvi for allegedly claiming through a tweet that the Centre has so far spent Rs 830 crore of the taxpayers' money on 100 episodes of PM Modi's 'Mann ki Baat'
-
Narendra Modi Speech Highlights: Farmers, Taxpayers Behind COVID Welfare Schemes' Success, Says PM
Prime Minister Narendra Modi on Tuesday gave credit to the farmers and taxpayers for enabling the Centre to provide free foodgrains during the COVID-19 phase to the poor and needy in the country.
-
In Relief For Taxpayers, Centre Ups Limit For Filing Appeals In Tax Cases
With about Rs 5 lakh crore stuck in litigations, the government has decided to hike the threshold monetary limit for tax department to file appeals in tribunals and courts to bring down litigation by 41 per cent, Finance Minister Piyush Goyal said today.
-
After Flop Attempt, Centre Planning To Sell 100% Air India Shares: Report
Government will soon revive the sale of its money-losing flag carrier with new guidelines after a recent attempt ended in a debacle last month, as the proposed terms deterred potential investors.
-
For Serving E-Notices, Income Tax Department Notifies New Scheme
Finance Minister Arun Jaitley had announced in his Budget speech that the electronic assessment of tax returns would be launched in the country.
-
Nirav Modi Left India On Jan 1, Centre Moves To Cancel Passport: 10 Facts
Nirav Modi's home, showrooms and offices in Mumbai, Delhi and Surat were searched on Thursday after Punjab National Bank (PNB) complained of staggering fraud at the cost of the taxpayer to benefit the celebrity jeweller and others. Nirav Modi, recently seen in a group photo in Davos with Prime Minister Narendra Modi, flew out of India on January 1....
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85% Quota For Our Students In Delhi University Colleges: Assembly To Centre
Reviving the demand for reservation for students from the national capital in Delhi University (DU) colleges, the Delhi Assembly on Thursday asked the central government to introduce a 85 per cent quota in 28 DU colleges for the city's students. The Arvind Kejriwal-led Aam Aadmi Party government said these 28 colleges received funds from the city g...
-
GST Call Centres To Go Live Next Week: 10 Things To Know
GSTN is a special purpose vehicle set up primarily to provide IT infrastructure and services to the central and state governments, taxpayers and other stakeholders for implementation of GST.
-
GST Help Centres To Help Taxpayers Tide Over Teething Troubles
Help is at hand for those who have questions about India's biggest tax reform since Independence, the Goods and Services Tax or GST. For the last six months, 34 GST Suvidha Kendras or help centres across the country, on a daily basis, are addressing questions on the new levy from taxpayers across the country.
-
91 Lakh New Taxpayers Since Notes Ban, Says Government
Six months after PM Narendra Modi scrapped high value 500 and 1,000-rupee notes the centre has something to cheer. Before the unprecedented November 8 decision to cancel 86 percent of currency in circulation there were nearly five crore tax payers in India but since then nearly 91 lakh people have been added to the list of tax paying Indians, Finan...
-
'Why Force Aadhaar On Taxpayers?' Minister Arun Jaitley Has The Answer
The controversial move to force income taxpayers to link their permanent account number or PAN to the 12-digit Aadhaar number is a key step taken by the Centre as part of the ongoing exercise to clamp down on black money, Finance Minister Arun Jaitley said. The new provisions, part of the Finance Bill that was cleared by the Lok Sabha after Mr Jait...
-
Thane Call Centre Scam: 2 Detained From Ahmedabad
Two persons have been detained from Ahmedabad in connection with the multi-crore fake call centre scam wherein US-based taxpayers were allegedly conned by Indian tele-callers, police said on Tuesday.
