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Central Board of Direct Taxes (CBDT) has partnered with the Ministry of Corporate Affairs (MCA) to issue Permanent Account Number […]
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CBDT committee to help identify absconding Income Tax officers
In order to initiate strict disciplinary action against absconding Indian Revenue Service (IRS) officers and other junior-rank officers of the […]
Aadhaar now must for filing IT returns
Aadhaar number will be mandatory for filing the income tax return. The new rule will be enforced from July this […]
Jaitley gives infrastructure status to the affordable housing sector
Making the Scheme for profit-linked income tax exemption for promoters of affordable housing scheme announced last year more attractive, the […]
Jaitley announces reduction in tax rates for small tax payers
The Union Finance Minister, Arun Jaitley announced a reduction in tax rates from 10 per cent to 5 per cent […]
Income Tax Dept launches online appeal, refund system
Aimed to reduce lengthy proceedings and time taken in litigation and to minimise human interface between tax officials and taxpayers, the […]
