Powerd By SAG INFOTECH
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Apart from paying Income Tax, there are several other forms of taxes, which Indian citizens have to pay as per law. When you are doing a job, earning money, you pay income tax. When you buy stuff from the store, you generally pay sales tax. As we can not come up with every such example […]
CBDT has recently made a declaration that August 31 is the last date to settle down the income tax returns for all the taxpayers. These pending ITRs belong to 6 assessment years from 2009-10 to 2014-15, which are due for processing and issue of refunds because of the non-filing of ITR-V acknowledgement form at its collection centre based in Bengaluru.
After a certain time interval, the assessee who has deducted the TDS is required to file the return for the same. With the inception of online filing, the process of managing taxation has become quite easy and simple. The newly revised procedure for E-FILING of TDS returns is here as follows: Registration with E-filing Website […]
The first month of the fiscal year 2016-17, April has shown an increase of indirect tax collections by 41% to Rs. 64,394 crore. The major reason behind this hike is due to a sharp central excise gush. Last months’ records shot up the central excise collections by 70% to Rs. 28,252 as compared to Rs. […]
Anticipated Goods and Service Tax (GST) bill has gone through with lots of ups and down, until its suggestion to its current form now, a single tax for a number of taxes. As per a top official source, The Hindu revealed that GST rolled out could pushed by 2017 and GST needed a Constitution (122nd) Amendment Bill to become reality and in the remainder of the current session of Rajya Sabha, it’s seems impossible.
For a wide variety of purposes, Indians use the Permanent Account Number (PAN) card, which holds substantial importance in every sector. Apart from its major use for filling the tax forms, it is considered an identification document for different grounds. An ample number of people are applying for it because of its rapid prominence over […]
Panama Papers is a high-profile issue in the country as recent and today it again caught up fire when Finance Minister Mr. Arun Jaitley announced today in Frankfurt that our Income Tax Department sent notices to all the 500 Indians names disclosed in the list produced last month for allegedly stashed money in the offshore […]
NEW Delhi: Rajya Sabha on Wednesday outfaced a vigorous debate over the VVIP chopper deal after the recently marked government-Congress ceasefire in Parliament. Apparently, this may connote small anticipations for the passage of the much awaited key bills, the Bankruptcy Code Bill and the GST Bill in the days left of the budget session in Opposition-dominated Rajya Sabha.
BEIJING: IMF yesterday, said structural betterments that include GST and the other land reform zones will be the prominent factors to amplify the economic potentials of India.
