Although FM Jaitley did not make any changes to the tax slabs in this year’s budget, he had a suitcase full of small changes that…
View More Budget 2016: Eight takeaways for individual taxpayersCategory: Newspaper clippings
CBDT notifies procedure for email communication between taxman and taxpayer
The CBDT has notified the format and procedure for the taxman and taxpayers to usher in an ambitious pilot project of using emails as the…
View More CBDT notifies procedure for email communication between taxman and taxpayerI-T department warns taxpayers against fraudulent emails
The Income Tax Department warned tax payers against phishing/fraudulent refund emails saying it does not seek details of personal information like PIN through e-mail. “The…
View More I-T department warns taxpayers against fraudulent emailsExpedite Tax Refunds Below Rs. 50,000: CBDT
In an effort to reduce taxpayers grievances, the Central Board of Direct Taxes on Monday directed the Income Tax department to expedite issuance of pending…
View More Expedite Tax Refunds Below Rs. 50,000: CBDTCBDT notifies emails as new communication mode with taxpayers
The Central Board of Direct Taxes has notified use of emails as the new mode of communication between the taxman and taxpayers, as part of…
View More CBDT notifies emails as new communication mode with taxpayersFailure to pay TDS collected can attract 7 year jail term: CBDT
Employers failing to pay the Government the tax deducted at source (TDS) on salaries of their employees can be jailed for up to seven years,…
View More Failure to pay TDS collected can attract 7 year jail term: CBDTIncome Tax department launches upgraded website for taxpayers
The Income Tax department has launched an upgraded version of its official web portal featuring better links for taxpayer services and grievance redressal. The new…
View More Income Tax department launches upgraded website for taxpayersI-T department launches PAN-based e-litigation management system
Aimed to reduce lengthy proceedings and time taken in litigation, the Income Tax department has activated a PAN-based online system which enables the taxman to…
View More I-T department launches PAN-based e-litigation management systemSalaries of nuns and priests working as teachers are not exempted from TDS
The Madras High Court today ordered status quo on an Income Tax circular stating that salaries of nuns and priests working as teachers are not…
View More Salaries of nuns and priests working as teachers are not exempted from TDSBlack money: Government collects Rs 3,770 cr from over 600 stash holders
Government said it received an amount of Rs 3,770 crore from 638 declarations under the one-time black money compliance window that closed on 30th September…
View More Black money: Government collects Rs 3,770 cr from over 600 stash holders