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Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Don't underreport income: I-T department

The advisory comes at a time when the I-T department had found that employees were submitting fake bills to lessen the...

19 April 2018 2:15 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

CGST Mumbai zone mops up Rs 72,509-crore revenue till February

The figures for March CGST collection from the zone will be known by April-end, the official said.

8 April 2018 1:39 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

Six steps to plan for taxes after retirement

Before retirement it's essential for you to plan your taxes, investments, and returns.

27 Feb 2019 1:17 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

5 last minute tax saving suggestions

Choosing the most suitable tax-saving investment option is a tough task, and it should be done cautiously.

26 Feb 2019 6:25 PM IST

With only 11 per cent of fresh slippages during the quarter being from standard restructured loans, Icra said that corporate slippages outside the vulnerable book continued.

Budget proposals positive for tractor, two-wheeler segments: Experts

The impact of the interim Budget 2019-20 is positive for both tractor and two-wheeler segments: ICRA VP Anupama Arora.

3 Feb 2019 6:42 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

Tax body seeks extension of GST return filing by four months

Govt has made the entire GST procedure and filing of returns very 'confusing with hundreds of changes in the rules and...

19 Jun 2019 4:31 PM IST

Finance Minister Nirmala Sitharaman

Need to build trust between tax payers and tax administrators:...

This is the 2nd meeting in a series of meetings to be held with tax officials and taxpayers across various cities over...

21 Aug 2019 9:10 AM IST

Healthcare services such as dialysis, pacemaker implantation, support devices in orthopaedics and cancer treatment could be costlier under GST.

CBEC to verify GST transitional credit claims of 50,000 taxpayers

GST collections in November stood at Rs 83,716 crore, December (Rs 88,929 crore) and January (Rs 88,047 crore).

19 March 2018 5:51 PM IST

Under FATCA income tax department received data for calendar year 2016 from 39 countries covering nearly 1.2 lakhs persons. (Photo: ANI)

Only 0.35 pc of I-T returns filed last year to be scrutinised: CBDT

Sushil Chandra said that the department has faith on the income tax payers.

9 Aug 2018 2:21 PM IST

This feature helps tax filer know upfront about the potential possibility of getting an IT notice through its rule base.

EZTax unveils advanced Income Tax Filing features

EZTax ITR Android App is designed to have a button that lets tax filers to capture Form16 picture.

21 Aug 2018 11:04 AM IST

Under FATCA income tax department received data for calendar year 2016 from 39 countries covering nearly 1.2 lakhs persons. (Photo: ANI)

71 per cent surge in Income Tax returns filed till August 31: Govt

The total number of e-returns of salaried Individual taxpayers filed till August 31 increased to 3.37 crore from 2.19...

2 Sept 2018 1:06 PM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

GSTN helpdesk gets 10,000 calls per day; to double manpower to 400

GSTN helpdesk also provides assistance by sharing video and tutorials with businesses or traders.

11 July 2017 4:09 PM IST