Taxpayer
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PM Modi calls out Kejriwal's 'Sheesh Mahal' as symbol of AAP's lies ahead of Delhi polls
India | Jan 22, 2025, 08:44 PM ISTPM Modi criticised AAP leader Arvind Kejriwal, calling his official residence a "Sheesh Mahal" and accusing the party of lies and misusing public funds. With elections approaching, PM Modi promised better facilities under BJP governance.
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Budget expectations: Will Section 80C limit increase for taxpayers? Key deductions to watch out for
Personal Finance | Jan 17, 2025, 11:52 AM ISTAs the Union Budget 2025 approaches, there is growing anticipation for changes to the Section 80C tax deduction limit, which has remained at Rs 1.5 lakh since 2014.
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PAN 2.0 explained: Govt clarifies validity of existing cards and costs for upgrades
Personal Finance | Dec 26, 2024, 01:22 PM ISTThe Government of India launched the PAN 2.0 project with dynamic QR codes and enhanced services. Existing PAN cards remain valid—Know more about the features and FAQs here.
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ITR Filing: How to check your tax refund status online using PAN card? Know step-by-step guide
Income Tax | Jul 31, 2024, 06:45 PM ISTITR Filing 2024: Today is the deadline for ITR filing. Taxpayers who have filed their returns and are due a refund can expect processing to take 15 to 45 days after e-verification. Refund status can be checked online using a PAN card on the Income Tax e-filing portal.
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Akshay Kumar becomes the highest taxpayer; receives Samman Patra from Income Tax Department
Celebrities | Dec 18, 2022, 06:40 PM ISTAkshay Kumar has been honoured with a letter of appreciation by the Income Tax Department after he became the highest taxpayer in the Hindi entertainment industry. The picture of the 'Samman Patra' is going viral on social media.
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GST reduced tax rates, doubled taxpayer base to 1.24 crore
Business | Aug 24, 2020, 12:57 PM ISTIn a series of tweets, on the first death anniversary of former Finance Minister Arun Jaitley, the ministry said before goods and services tax (GST), the combination of value-added tax (VAT), excise, sales tax and their cascading effect resulted in high standard rate of tax up to 31 per cent.
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IT dept responsive to the needs of taxpayers during pandemic, says Sitharaman
Business | Jul 25, 2020, 07:53 AM ISTFinance Minister Nirmala Sitharaman has reserved words of praise for the Income Tax department, complementing officers for being responsive to the needs of the taxpayers during the pandemic times by relaxing various compliance requirements and addressing the liquidity concerns of the taxpayers.
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Taxpayers keen to end cases under Sabka Vishwas, but no cash
Business | Nov 29, 2019, 09:14 PM ISTThe amnesty-cum-dispute resolution scheme - Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 may be headed for limited success with many of the major taxpayers facing a fund crunch in settling the old cases.
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MS Dhoni becomes highest individual tax payer in Jharkhand with Rs 57 cr
Business | Dec 01, 2018, 12:59 PM ISTBesides Dhoni, Nand Kishore Chaudhary and Uday Shankar Prasad were declared the second and third-highest individual taxpayers.
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Union Minister Smriti Irani accuses Sonia, Rahul Gandhi and Priyanka Vadra for increased NPA
News | Sep 11, 2018, 01:54 PM ISTIt is Congress who is responsible for increased NPA. Rahul Gandhi, Priyanka Vadra & Sonia Gandhi wanted to sabotage the taxpayer's money: Union Minister Smriti Irani
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1 taxpayer owes 11 pc of India's individual income tax in 2014-15
Jan 24, 2017, 04:30 PM ISTAn unnamed taxpayer owed the government Rs 21,870 crore (over $3 billion) for the assessment year 2014-15, which was 11 per cent of the income tax to be paid by all Indians, according to 2016
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Tax rate can be lowered only when tax payer base increases, says FM Arun Jaitley
Aug 21, 2016, 09:30 AM ISTThe country can have a lower tax regime only when the tax payer base increases and tax evasion comes down, said Union Finance Minister Arun Jaitley on Saturday. Speaking at a function here Jaitley said
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Income tax return can now be verified electronically
Jul 14, 2015, 10:19 PM ISTNew Delhi: In a move to facilitate taxpayers through e-enabled services, the finance ministry on Tuesday said the income tax return for assessment year 2015-16 can now be verified electronically."A taxpayer may verify his return
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Taxpayer Has Right To Know How His Money Is Spent, Says CAG
India | Mar 29, 2012, 07:36 AM ISTMumbai, Mar 29: The Government auditor CAG on Wednesday sought more powers for the constitutional body and said the common man has all the right to know how his tax money is being spent.“The legislature