Page 4 of Direct Tax

New TDS rule 2021 for non filers explained.

TDS Calculation: Rs 1 lakh Tax Deducted At Source on Rs 20 lakh cash payment to non-filers – New rule explained

TDS Payment Rules 2021 (Section ‘206AB (I) Explained): The Finance Act 2021 recently cleared by the Parliament has introduced a…

Updated: March 30, 2021 14:03 IST

No Change in Income Tax Slab, Budget 2021 Income Tax Slabs and Rates Union Budget 2021 Income Tax Slabs Live Updates

Income Tax Budget 2021 Highlights: What Budget says for home buyers, EPF, ULIP, NRIs, Senior Citizens

Budget 2021 Income Tax Slabs and Rates, Income Tax Budget 2021 Announcements Updates: Ahead of the Budget presentation, income tax…

Updated: February 3, 2021 09:25 IST

narendra modi, pm modi, modi government, banking system, new banking scheme, investors, angel tax, ESOP tax scheme

Modi’s warning to tax evaders: No more ‘gaming’ of tax system; here’s how govt will make you pay up

When a large number of people find ways to avoid payment of tax, the burden falls on honest people, said…

Updated: February 13, 2020 18:09 IST

GST, Excise & Customs Duty Taxpayers! Here’s how you can check authenticity of tax notice

CBIC-DIN: CBIC will initially use DIN for investigation related matters under the GST and Customs and Excise Duty.

November 8, 2019 20:04 IST

Switzerland, black money, tax havens, Narendra Modi, stolen data, swiss bank

Direct tax collection jumps 18% to Rs 43,391 cr in Apr-May

Net direct tax collections jumped by 18 per cent to Rs 43,391 crore during the first two months of the…

June 10, 2016 19:12 IST

Tax dispute resolution scheme to take effect from tomorrow

The Direct Tax Dispute Resolution Scheme, which seeks to resolve cases pending in various courts, tribunals, arbitrations or are in…

May 31, 2016 13:38 IST

FY16 direct tax mop-up misses target by over Rs 18,000 cr

The all-India direct tax collections for fiscal 2016 have fallen short of the revised tax target of Rs7, 52,021 crore…

May 5, 2016 11:46 IST

Direct tax mop-up: Explain shortfall, asks Hasmukh Adhia to CBDT

Revenue Secretary Hasmukh Adhia has sent a terse missive to the Central Board of Direct Taxes (CBDT) chairman Atulesh Jindal…

March 31, 2016 07:13 IST

Finmin alarmed at low IT collections; asks taxman to act quick

Alarm bells have rung in the Finance Ministry after net direct tax collections are showing a 35 per cent shortfall…

February 6, 2016 00:11 IST

Direct tax mop up shortfall to be Rs 40K cr this fiscal: Hasmukh Adhia

During April-November, direct taxes which include income tax and corporate tax, grew 12.63 per cent to Rs 3.69 lakh crore.…

December 15, 2015 22:10 IST

Squeeze parallel economy in a fair manner: FM Arun Jaitley to taxmen

Arun Jaitley said, ‘No honest taxpayer has anything to fear. It’s targeted only against those who have stashed assets abroad.’

Updated: May 25, 2015 14:31 IST

Unrealistic tax demands not to fetch good ratings for officers

In a bold attempt to reduce frivolous tax demands, the Income Tax Department has decided to overhaul the annual…

Updated: May 25, 2015 10:16 IST

Direct tax collection in 2014-15, 14% short of target

The direct tax collection by the government during 2014-15 fell short of the target by about 14 per cent with…

May 3, 2015 19:32 IST

tax, income tax, Income tax return, Aadhaar number, tax residency certificate, capital gain account schemes, Nation news, india news, tax payers

Govt’s direct tax collection to miss revised target for FY15

Government’s direct tax mop-up is set to miss the revised target for the 2014-15 fiscal as the collection so far…

March 31, 2015 18:02 IST

Direct tax collections up 10.67% in 11 months of FY’15

Collection from direct taxes rose by 10.67 per cent to Rs 6.12 lakh crore in the first 11 months of…

March 5, 2015 15:57 IST

Budget 2015, Budget 2015 tax, tax deductions

Budget 2015: Govt offers individual tax savings of up to Rs 21,500 by way of additional deductions

In Budget 2015, a combination of additional tax saving on investment in pension schemes, medical insurance premium and additional exemption…

Updated: March 1, 2015 11:49 IST

Tax Department, Vodafone, Central Board of Direct Taxes, Tax Department officials, CBDT officials

Central Board of Direct Taxes asks officials not to pursue Vodafone-type tax cases

The Tax Department today asked its field officers not to pursue transfer pricing cases similar to Vodafone…

January 29, 2015 20:09 IST

Direct tax, Direct tax collections, Direct tax fiscal year, Direct tax fiscal year 2015, fiscal year 2015, budget 2014-15, Securities Transaction Tax

Direct tax collections up 13% in 9 mths of FY’15

The direct tax collection during the first nine months of the current fiscal increased by 12.93 per cent to Rs…

January 23, 2015 19:37 IST

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Platinum jewellery imports restricted

Business2 hr ago

Indian government restricts imports of platinum jewellery from countries like Thailand, who are part of the ASEAN with which India has a free trade agreement. This is to prevent importers from exploiting duty differentials and circumventing tariffs by declaring items as platinum alloys.

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