Finance Minister Sitharaman Inaugurates Income Tax Office In Srinagar

Srinagar- Union Finance Minister Nirmala Sitharaman on Monday inaugurated 'The Chinars', Aayakar Bhawan-cum-residential complex, the first permanent establishment of the department of income tax in...

14 Companies Approach Govt To Settle Retrospective Taxation Cases: Revenue Secy

New Delhi- As many as 14 companies against whom retrospective tax demands were raised have approached the government to settle cases, Revenue Secretary Tarun...

Govt To Change Tax Laws In Budget To Tax Cryptocurrency Gains

New Delhi- The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could...

States To Forego Rs 44,000 Crore From VAT Reduction On Fuels: Report

MUMBAI- The states will forego around Rs 44,000 crore of tax revenue after they reduced VAT on petrol and diesel in the remainder of...

Over 2.38 Cr ITRs For FY21 Filed: I-T Dept

New Delhi- Over 2.38 crore income tax returns have been filed for 2020-21 fiscal so far, the I-T department said on Tuesday. Of this, over...

Total Tax On Petrol Down To 50%, Diesel To 40% After Excise Duty Cuts

New Delhi- The total incidence of taxes on petrol has come down to 50 per cent and that on diesel to 40 per cent following...

Excise Duty Cut On Fuel To Cost Rs 45,000 Crore To Exchequer: Report 

New Delhi-  The excise duty cuts on diesel and petrol will cost the exchequer Rs 45,000 crore and lead to a 0.3 percentage point...

CBDT Issues Refunds Of Rs 1.12 Lakh Cr To 91.30 Lakh Taxpayers

New Delhi- The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 1,12,400 crore to more than 91 lakh taxpayers from...

Economic Recovery: GST Collection In Oct Crossed Rs 1.3 Lakh Crore

New Delhi- Goods and Services Tax (GST) collection remained above Rs 1 lakh crore for the fourth month in a row at over Rs...

GST Mop Up Tops Rs 1 Lakh Cr For Second Straight Month In Aug

New Delhi (PTI): Signalling accelerating economic activity, GST collection topped the Rs 1-lakh-crore mark for the second straight month in August at Rs 1.12...