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  Important buildings, roads or monuments to be named after top taxpayers: Economic Survey proposes

  Budget | July 04, 2019 17:14 IST

  To encourage tax payers, the Economic Survey 2018-19 proposes great rewards for people paying their due tax. The Economic Survey suggests 'diplomatic'-type privileges for top-10 taxpayers in each district.

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  Most taxpayers don't expect direct tax changes in budget: Survey

  India | July 02, 2019 22:29 IST

  Around 53 percent of the taxpayers interviewed in the KPMG's pre-budget survey felt that there will not be any major announcement on direct taxes. Around 27 percent said that there will be major changes, while 20 percent were not sure of any eventuality, the report showed.

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  Govt working on ambitious policy proposal to honour consistent taxpayers, PMO to give final nod

  Business | October 14, 2018 16:44 IST

  The proposal will be vetted by the Finance Ministry and sent for final approval to the Prime Ministers Office (PMO) before it is cleared by the Union cabinet.

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  File final July GST returns by Tuesday: Government to taxpayers

  Business | October 09, 2017 20:35 IST

  The government on Monday asked businesses to file final GST returns for the month of July by tomorrow as it ruled out any extension to the due date.

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  Within month of GST launch, taxpayer registrations cross 10 lakh mark

  July 30, 2017 9:27 IST

  Just a month into the new tax regime, the number of registrations under the Goods and Services Tax (GST) crossed the 10 lakh mark on Saturday

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  How taxpayers are finding ways to circumvent Aadhaar-PAN linkage

  July 23, 2017 8:33 IST

  A large proportion of taxpayers filed their returns manually, via snail mail, rather than getting an Aadhaar card. Several others filed their returns online early, before June 30, when the Aadhaar linkage was not compulsory

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  Aadhaar-PAN linking must for taxpayers from July 1: Govt notifies amended I-T rules

  June 28, 2017 11:48 IST

  Amending income tax rules and notifying the same, the government has made quoting of the 12-digit biometric Aadhaar or the enrolment ID a must at the time of application of permanent account number (PAN)

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  91 lakh people added to tax net post demonetisation, says Arun Jaitley

  May 17, 2017 9:02 IST

  The Income Tax department has identified at least one lakh “high-risk individuals” with more than Rs 1.72 lakh crore deposits in their bank accounts

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  Pay dues in advance to avoid last-minute rush: RBI asks taxpayers

  May 16, 2017 14:53 IST

  The Reserve Bank of India (RBI) on Monday issued an advisory asking taxpayers to pay their dues well on time to avoid last-minute rush.

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  Arvind Panagariya raises concern over harassment of taxpayers post-demonentisation: Report

  India | January 02, 2017 10:29 IST

  Arvind Panagariya, vice chairperson of Niti Aayog, is learnt to have written to the Prime Minister’s Office stressing on the need to specify rules to ensure that people, especially women, are not made to suffer for having deposited old notes

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  Taxpayers earning over Rs 10L may have their LPG subsidy blocked

  December 20, 2016 21:01 IST

  Taking forward the government's initiative to effectively block subsidised cooking gas to higher income groups, the Income Tax department will soon begin sharing personal data--like PAN, residential address and mobile number--of a taxpayer earning ov

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  ‘Taxing with love’ and lessons from PM Modi: I-T sleuths to get tips on being taxpayer-friendly

  June 13, 2016 13:40 IST

  New Delhi: In a first of its kind exercise, Income Tax sleuths in the country will get lessons on adopting a more friendly approach towards taxpayers from none other than Prime Minister Narendra Modi. Under

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  Only 1 per cent Indians pay income tax, shows government data

  May 01, 2016 23:40 IST

  New Delhi: Taxpayers account for just about one per cent of India’s population, but tax outgo was over Rs. 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the

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  Finance Ministry asks taxpayers to e-file Income Tax returns early

  July 02, 2015 7:09 IST

  New Delhi: The Finance Ministry on Wednesday asked taxpayers to file their I-T returns for 2015-16 early to avoid the rush towards the last date of August 31.The tax department, yesterday, made fully operational its

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  Taxpayers cannot be terrorised by scrutiny: CBDT chief

  June 24, 2015 19:02 IST

  New Delhi:  Seeking to allay concerns of taxpayers, CBDT has asked them not to get terrorised by threats of their cases being wilfully chosen for "scrutiny" by the taxman as the procedure is fully electronic

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  Check your new I-T assessment range before filing returns

  April 22, 2015 19:47 IST

  NEW DELHI: With income tax returns filing season commencing soon, taxpayers have been advised to re-check their new assessment ranges as the I-T department has carried out a large-scale restructuring and jurisdictional change of its

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  Budget 2015: Decoding how taxpayer benefit adds up to Rs 4.44 lakh

  February 28, 2015 14:41 IST

  New Delhi: Finance Minister Arun Jaitley in his Budget Speech in Lok Sabha today proposed rationalization of various tax exemptions and measures to improve tax administration.He said the government has provided medium term guidance wherein

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  30 Karnataka MLAs leaving on Amazon trip, costing taxpayers Rs 2.25 crore

  India | December 26, 2013 8:24 IST

  Bangalore: A 30-member Karnataka legislators delegation is heading for the Amazon rain forests in January to apparently understand its flora and fauna. This study tour will cost the state exchequer Rs 2.25 crore.The study tour

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  Govt To Issue Biometric PAN Cards

  India | April 11, 2011 19:02 IST

  New Delhi, Apr 11: The government has decided to issue biometric PAN cards to taxpayers across the country to weed out the problem of duplicate and fake ones.The decision was taken recently by the Finance

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  Male Taxpayers To Save Rs 2,060, Elders Gain

  India | February 28, 2011 17:47 IST

  New Delhi, Feb 28:  Finance Minister Pranab Mukherjee has given a saving of Rs 2,060 per annum to male income tax payers by raising the exemption limit from Rs 1.60 lakh to Rs 1.80 lakh.For