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:/
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
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 The Union Budget 2011-12 has laid a special emphasis on reducing the compliance burden of small tax pa
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 -
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
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
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
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.
Overstating receipts; optimistic on plan spending? Author : S Gangadharan/DNAContent :The revised figures of Budget 2008-09 seem to be based on poor fiscal marksmanship.If the total resource mop-up is to conform to the now projected Rs 574,438 crore,
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English