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You could be accumulating black money unknowingly

Despite being a regular taxpayer, there are chances that you could be accumulating black money at home unknowingly. And ...


Advance ruling facility to resident tax payers: CBDT chairman

22 Aug 2014

The income tax department will extend the advance ruling facility to the resident tax payers from the current year, K V Chowdary, ...


ITR filing: CBDT launches new tax calculator for taxpayers

13 Jul 2014

CBDT has launched a new online 'tax calculator' for computing annual I-T liability which can now be emailed to personal in-boxes ...


Relief for taxpayers: There's more in your hands now

11 Jul 2014

Increase in investment limit under 80C, basic exemption limit, PPF and home loan interest payment are good news


FM hikes basic exemption, 80C limits

10 Jul 2014

Though the tax announcements in the Union Budget 2014 was not in-line with the expectations, but the Finance Ministry Arun ...


I-T dept to set up 70 more Aaykar Sampark Kendras this fiscal

06 Jul 2014

Seventy more centres will be established across the country in the ongoing fiscal for tax payers to file returns, check refund ...


Tax exemption limit under 80C may rise to Rs 2 lakh

30 Jun 2014

There have been demands to hike the tax exemption limit from Rs 1 lakh per annum to encourage household savings


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

06 Apr 2014

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


EPFO makes it mandatory for PF trusts to file returns online

31 Mar 2014

Retirement fund body Employees Provident Fund Organisation (EPFO) has made it mandatory for private provident fund (PPF) trusts ...


I-T asks e-filers of tax returns to send ITRV by speed post

30 Mar 2014

If you are filing online your Income Tax return, the paper copy of the 'ITRV' should only be sent through "speed post" to the ...


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 ...


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 ...


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 ...


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


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


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


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 ...


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


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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