Page 79 of Income tax News: Income tax Latest News, Income tax Today news, Income tax Breaking News

Fe Exclusive: Income Tax Act needs complete rewrite: ITAT president Dev Darshan Sud

A thorough rewrite of the Income Tax Act was highly needed, justice Dev Darshan Sud, president of the Income Tax…

January 23, 2016 01:12 IST

Pay 12% interest on Income Tax refund delay: Panel

Tax refunds made more than six months after the returns are filed will come with an annual interest of 12%…

Updated: January 21, 2016 02:34 IST

Easwar panel makes it easier for taxpayers

Small taxpayers like retirees with mainly interest income could soon be spared the hassle of facing a higher outgo as…

January 19, 2016 02:02 IST

Editorial: Making life less taxing

First Easwar report focuses on big-litigation items

January 19, 2016 01:08 IST

Income Tax Returns: All you wanted to know in 5 points

Income Tax Returns: Income Tax Department has processed 3.27 crore returns and has issued refunds in 1.81 crore cases during…

January 18, 2016 18:29 IST

Committee on Income Tax wants Tax Deducted at Source threshold hiked: Top 10 points to know

A high level panel on simplification of income tax laws today recommended raising the threshold limits for deduction of tax…

January 18, 2016 16:23 IST

Tax refund totals Rs 65,000 cr so far this fiscal: Hasmukh Adhia

The Income Tax department has issued a record Rs 65,000 crore worth refunds so far this fiscal, Finance Ministry said…

January 16, 2016 15:51 IST

Tax talk: Tax rules NRIs need to know for realty deals

Non-resident Indians (NRIs) may sell their property in India, either to seek capital appreciation on their investments, or they may…

January 12, 2016 00:05 IST

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FM Arun Jaitley on tax in India: Top 5 points

Addressing the officer trainees of the Indian Revenue Service, Arun Jaitley made some telling points about the state of Indian…

January 4, 2016 15:49 IST

CEA for wider tax base, better quality spending in FY17

Expanding the tax base has to be the central medium-term objective as we have such few taxpayers relative to voters,…

December 23, 2015 01:21 IST

Tax buoyancy jumps in first half of this fiscal

Boosted by improved tax administration, says finmin’s mid-term review; ‘govt’s tax performance a success’

December 19, 2015 00:07 IST

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FeDigitalDividend: Digitization making income tax payers’ life easier

With the whole process of I-T return filing, to refunds, and even handling of tax notices now possible online, dealing…

Updated: December 18, 2015 21:35 IST

Tax reforms to help India get rid of ‘tax terrorism’ tag: CEA Arvind Subramanian

Agreeing with Arvind Subramanian, Finance Minister Arun Jaitley said, “When death is preceeded by a prolonged illness, it becomes agonising.…

December 16, 2015 18:35 IST

Tax Talk: Tax-saving tools to reap maximum benefits

In case you haven’t planned your investments to reap maximum tax benefits, it would be a good idea to plan…

December 15, 2015 00:04 IST

Tax relief: CBDT ups monetary limit for court appeal by I-T

In order to cut down on frivolous litigation and taxpayers grievances, the Central Board of Direct Taxes (CBDT) has issued…

December 13, 2015 19:31 IST

Indirect tax collection up 24% in Nov, 34% in Apr-Nov

Revenue in first eight months at 67.8% of Budget target for full fiscal; FM expects to mop up R6.46 lakh…

December 10, 2015 00:32 IST

Tax provisions: Benefits, perked up

Perquisites to employees are actually taxed at the cost incurred by the employer or at concessional values

December 8, 2015 00:10 IST

Tax talk: Save tax on capital gains

Are you planning to sell your assets and are concerned about the income taxes you may be liable to pay?…

December 8, 2015 00:09 IST

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