Refunds: IT Dept Asks Taxpayers To Send Online Response For Ay 20-21

New Delhi (PTI): The Income Tax Department has urged taxpayers to "quickly" send an online response so that their pending refunds for assessment year...

Govt extends deadline for various tax compliances

New Delhi: The Central Board of Direct Taxes (CBDT) on Sunday extended the deadline for various tax compliances, including filing of statement for equalisation...

Govt notifies RoDTEP rates, guidelines

New Delhi: The government on Tuesday notified the rates for export incentive scheme RoDTEP and its rules with an aim to boost exports. The government...

I-T deptt to refund excess interest, late fee paid while filing FY21 ITR

New Delhi: The Income Tax Department on Wednesday said it will refund the excess interest and late fee paid by taxpayers due to software...

Govt to refund over Rs 8000 cr under new taxation laws: CBDT chairperson

New Delhi: The government will refund over Rs 8,000 crore to four companies, including Cairn Energy and Vodafone, after the Taxation Laws (Amendment) Bill...

Here’s How Taxpayers Can Register Grievances Under Faceless Assessment Scheme

New Delhi: The Income Tax (I-T) department on Saturday notified three official email IDs for taxpayers to register grievances under the faceless or e-assessment...

Lok Sabha passes bill to end all retrospective taxation

New Delhi: A bill that aims to end all retrospective taxation imposed on indirect transfer of Indian assets was passed by the Lok Sabha...

Average annual revenue collection from tobacco products stands at Rs 53,750 cr: FM

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday told the Rajya Sabha that the average annual revenue collection, including GST and excise duty, from...

Crypto Investors Get Ready for More Taxes, But Clearer Rules

New Delhi: Sure, you might have to actually pay U.S. taxes on those crypto trades. But at least it will be easier to figure...

Government Abolishes Periodic Licence Renewal of Customs Brokers

New Delhi: The essential requirement of periodic renewal of licences of customs brokers and authorised carriers, has been removed by the Central Board of...