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About Rs 8,000 cr service tax evasion detected during 2013-14

With increased focus on revenue generation from service tax, officials have detected several cases of tax evasion ...

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EPFO panel grant regular tax exemption to 68 private PF trusts

28 Mar 2014

An empowered committee of the retirement fund body EPFO today approved granting regular tax exemption to 68 private provident ...

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EPFO panel meet on Friday to grant tax exemption to PF trusts

26 Mar 2014

In a bid to protect tax benefits for subscribers of about 180 private provident fund trusts, retirement fund body EPFO has called ...

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E-filing of I-T returns: Taxpayers to get digital signatures

23 Mar 2014

In order to weed out the hassle of sending by post a hard copy of e-filed return, the Income Tax department has decided to bring ...

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Going after the non-filers: Personal I-T mop-up surges

25 Feb 2014

Growth aided by notices to persons who would high-value transactions but did not file returns

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I-T dept identifies over 2 mn potential non-filers

22 Feb 2014

Tax ombudsman sends letters sent to 50,000 people in first batch

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Units of big firms likely to lose PF tax benefits

21 Feb 2014

These companies have failed to get exemption certificates from the EPFO's governing body

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Letters to be sent to 23 lakh assessees for not filing returns

16 Feb 2014

In a last-ditch effort to meet revenue targets, the Income Tax Department will be sending out letters to 23 lakh assessees who ...

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Service tax finds several banking services taxable on scrunity

15 Jan 2014

The Department of Service tax has found several banking services taxable on scrutiny following the negative list of services

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E-returns: CBDT may soon do away with submission of ITRV form

12 Jan 2014

In what could be good news for lakhs of taxpayers filing their I-T returns online, CBDT is mulling doing away with the mandatory ...

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You can get landlord's PAN details on plain paper for HRA claim

07 Jan 2014

This is for salaried taxpayers, who want to claim I-T exemption on house rent allowance exceeding Rs 1 lakh per annum

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CBEC clarifies no undertaking on dues required under VCES

17 Dec 2013

The Central Board of Excise and Customs (CBEC)) has come out with detailed clarification for the tax payers availing the amnesty ...

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Make use of service tax amnesty: FM

04 Dec 2013

Says Voluntary Compliance Encouragement Scheme was an opportunity to come clean, make fresh start

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Cabinet likely to red-flag super-rich tax in DTC Bill

20 Nov 2013

Govt may not want to sully business environment in the run-up to polls

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Half of our traders don't have PAN

20 Nov 2013

IT network for proposed indirect tax structure needs everyone to get one for reform's aim; picture varies widely among states

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FM warns chronic defaulters of service tax

09 Nov 2013

Fifteen years after tax was introduced large number of service providers are not filing their returns or many have stopped filing

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Banks must issue TDS certificates to customers in time

06 Nov 2013

Reserve Bank of India has pulled up banks for failing to issue TDS certificates in form 16A in time

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I-T dept raids film personalities' houses & offices in Tamil Nadu

31 Oct 2013

Over 50 officials from the Income Tax Department, Chennai today conducted raids at houses and offices of several film ...

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Govt mulls raising income tax exemption limit

25 Sep 2013

Union government is mulling over extending the exemption limit of Income tax for commoners

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