Narendra Modi introduces reforms to ‘honour the honest’ taxpayers

While the faceless assessment and taxpayers charter will come in force from Thursday, the faceless appeal service will be available from September 25.

Scroll Staff

· Aug 13, 2020 · 12:48 pm

IT tribunal judgement on HSBC deposit is an endorsement of the ideology of nationalism tax

The decision abnegates the basic tenets of tax, trusts and evidence law and confirms the charge on specious notions, hearsay and Google search.

Kabeer Shrivastava

· Aug 09, 2020 · 07:30 am

Centre tells parliamentary panel it cannot clear GST dues of states in the near future: Reports

The GST Council was scheduled to meet this month to rework compensation to the states, but no meeting has been convened so far.

Scroll Staff

· Jul 29, 2020 · 11:38 am

Can India really recover Rs 14,500 crore tax from Tiger Global over Flipkart sale?

While the foreign investor has a strong case, some loopholes could work in the favour of tax authorities.

Ananya Bhattacharya, qz.com

· Jun 13, 2020 · 09:30 pm

Nirmala Sitharaman says Centre has not set any time frame to remove income tax exemptions

The finance minister said the second alternative tax brackets were meant to take the country towards a simplified tax rate regime.

Scroll Staff

· Feb 17, 2020 · 10:43 am

Excessive taxation is a form of social injustice, says CJI SA Bobde

SA Bobde’s remarks come just a week before the government presents the Union Budget for 2020-’21 on February 1.

Scroll Staff

· Jan 24, 2020 · 10:32 pm

Centre will consider suggestions for personal income tax cut, says Nirmala Sitharaman

The finance minister said she would not reduce it to bring parity with the corporate tax, but instead it will be considered for its merit.

Scroll Staff

· Dec 03, 2019 · 11:53 am

Gross tax revenue for 2019-’20 may fall short by Rs 2 lakh crore: Report

This could take India’s fiscal deficit up to 4% of GDP, as against the budgeted 3.3%.

Scroll Staff

· Oct 21, 2019 · 01:21 pm

India loses 5% of corporate revenue as firms shift profits to tax havens, shows research

India loses $9,718 million (approximately Rs 69,000 crore) in profits to tax havens located across the world.

Scroll Staff

· Oct 01, 2019 · 04:55 pm

CBDT extends the due date for filing of ITRs and Tax Audit Reports for audit cases to 31st Oct 2019

This category of ITR is to be filed by those entities that are assessed under section 44AB of the I-T Act such as companies and partnership firms.

Press Trust of India

· Sep 27, 2019 · 09:26 am

GST Council raises taxes, cess on caffeinated drinks, cuts rates on hotel room tariffs

Finance Minister Nirmala Sitharaman said that railway wagons, coaches and rolling stocks will now be taxed at 12% instead of 5%.

Scroll Staff

· Sep 20, 2019 · 09:24 pm

ITR filing 2019-20: How to check your tax refund status

In case you haven’t received your tax refund yet, here’s how you can check the reasons for delay.

Scroll Staff

· Sep 04, 2019 · 12:27 pm