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Tax structure needs to be simplified

  On 23 July 2014 at 11:10

Tax Structure Needs to be Simplified to Help the Taxpayers Becoming Tax Compliant Rather than Tax Evaders: Ms Nirmala Sitharaman, Minister of State for Finance Ms. Nirmala Sitharaman, Minister of State for Finance said that tax structure needs to be ...

1  comments |   4950 hits


View your arrear demand

  On 13 September 2012 at 12:12

As a Taxpayer friendly initiative, a facility to view details of Arrear Demand of taxpayers as communicated by their Jurisdictional Assessing Officers (A.O.) to the Central Processing Centre (CPC) is now enabled on the e-filing website i.e.https:/ ...

5  comments |   6677 hits


Taxpayer's Lounge - the stall set up by Income Tax Department at India International Trade Fair 2011

  On 30 November 2011 at 10:12

Taxpayer's Lounge – the stall set up by Income Tax Department at India International Trade Fair 2011 – receives the First Prize in the category Government Departments ...

  0 comments |   3921 hits


Discretion to customers for selection between RTGS and NEFT

  On 13 August 2011 at 12:06

RBI/2011-12/152 DPSS (CO) EPPD No./274/04.03.01/2011-12 August 12, 2011 The Chairman and Managing Director / Chief Executive Officer of member banks participating in RTGS / NEFT Madam / Dear Sir, Discretion to customers for selection be ...


IT Initiatives: New Simplified form 'Sugam' to be introduced for small tax Payers - Steps initiated to Reduce tax Related Litigation

  On 28 February 2011 at 14:34

IT Initiatives: New Simplified form ‘Sugam’ to be introduced for small tax Payers - Steps initiated to Reduce tax Related Litigation The Union Budget 2011-12 has laid a special emphasis on reducing the compliance burden of small tax pa ...

2  comments |   6755 hits


Data of PAN to be verified

  On 21 July 2009 at 12:18

Identity and address of a certain percetange of PAN applications will beverified by visiting the PAN applicants. Hence, an authorized third party agency may visit the PAN applicant to verify the identity and address provided in the PAN application - ...

21  comments |   16275 hits


Tax on fees for technical services in secondments an enigma

  On 28 April 2009 at 13:47

 Authorities have looked at different aspects to decide on the taxability of remittance made Author : Sandeep Ladda & Kapil Sirsalewal/DNAThe opening of the Indian economy has witnessed an exponential growth in investment by foreign companie ...

1  comments |   10061 hits


Online filing of I-T returns quadruples

  On 14 April 2009 at 10:33

 Jumps to 5.8 lakh in 2008-09 vis-à-vis 1.43 lakh a year ago   Author : Khyati Dharamsi/DNAThe online mode of filing tax returns seems to be gaining popularity with the aam admi. According to the income tax department data, online fi ...

7  comments |   14218 hits


Banking cash transaction tax abolished

  On 03 April 2009 at 13:09

Taxpayers will not have to pay the levy on withdrawal of cash from banks with the government withdrawing the Banking Cash Transaction Tax (BCTT) from Wednesday. The government had introduced 0.1 per cent BCCT in 2005 on cash withdrawals of more ...

9  comments |   15192 hits


PAN Card charges Increased from 1st April 09

  On 31 March 2009 at 14:53

W.e.f. 01.04.2009 the NSDL has stepped up the cost  for PAN card (New PAN / Change / Correction) from present Rs. 60 plus Service Tax to Rs 85 plus service Tax. Thus, now one will have to pay Rs.94. ...

25  comments |   19764 hits








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