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PF » News » Tax

Govt seeks information from 70,000 high priority IT assessees

21 May 2013

Govt said that based on the data analysis, tax department has identified 12.19 lakh persons who have not filed tax returns

Tax dept wants to count your cash

03 Apr 2013

The department may also seek the details of vehicles, aircraft, yachts and boats owned by individuals

Tax-saver RGESS finds few takers

01 Apr 2013

Volatile market, confusion on tax incentives put off investors

Coming soon: Pre-filled I-T return forms

30 Mar 2013

Govt may take tax simplification drive a step ahead by pre-populating parts of info

Tax dept will continue sending letters to non-filers: FinMin

25 Mar 2013

The Income Tax Department has already issued letters to over one lakh non-filers

New forms for I-T returns to be notified by March-end

15 Mar 2013

New forms for filing of income tax returns for the assessment year 2013-14 are proposed to be notified by the end of this month

Your I-T returns may require disclosure of all assets

07 Mar 2013

The intention was mainly to get information about those HNIs who had not been paying wealth tax

E-filing must for people with annual income above Rs 5 lakh

06 Mar 2013

The government had last year introduced the system of e-filing of returns for assessees with annual income of Rs 10 lakh and above. photo: ...

Some gain, some pain

01 Mar 2013

Bank fixed deposits may score over debt funds

TDS on property transaction very disappointing: RK Arora

28 Feb 2013

The real estate industry which has been looking to the annual budget 2013-14 for relief, is highly disappointed with the decision to levy TDS on ...

First time home buyers to get additional tax break of Rs 1 lakh

28 Feb 2013

Finance Minister P Chidambaram today raised tax deduction limit for first time home buyers by Rs 1 lakh to promote the housing sector.

Tax credit of Rs 2,000 for persons with income up to Rs 5 lakh

28 Feb 2013

Giving small relief to tax payers, Finance Minister P Chidambaram today announced a tax credit of Rs 2,000 for persons with income up to Rs 5 ...

Chidambaram proposes 10% surcharge on super-rich

28 Feb 2013

The much-debated additional tax for super-rich found favour with the government as Finance Minister P Chidambaram today proposed a 10% surcharge ...

Tax sops in RGESS extended to 3 years: Chidambaram

28 Feb 2013

Finance Minister P Chidambaram today proposed liberalising the Rajiv Gandhi Equity Savings Scheme to enable first time investors to park funds ...

Chidambaram to launch CPC (TDS) tomorrow

22 Feb 2013

The CPC (TDS) will provide the tax deductors, taxpayers and the assessing officers a wide range of online services related to TDS

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