With glitches still haunting the new income tax portal, Finance Minister Nirmala Sitharaman on Wednesday said she wished the Infosys-developed website did not have such a launch but hoped issues will be …
The government paid Rs 164.5 crore to Infosys to build the new income tax e-filing portal between January 2019 and June 2021, Parliament was informed on Monday. “The contract …
Several companies and individuals who may have avoided paying taxes have come under the taxman’s lens following an elaborate investigation based on application of data analytics and machine learning and robust data sharing …
Commerce and industry minister Piyush Goyal on Saturday expressed confidence that India will continue to attract high foreign direct investment (FDIs) in the current financial year. He said India …
The Income Tax Department will take measures to dispel notions about allegations of ‘tax terrorism’ (harassing of taxpayers), said D. Rohini, Additional Commissioner of Income Tax, Tamil Nadu and …
The excise duty rates on petrol and diesel have been calibrated to generate resources for infrastructure building and other developmental expenditure keeping in view the prevailing fiscal situation, Minister of State for Finance Pankaj Chaudhary said on …
At a time when most cryptocurrencies have lost value due to continued weakness, the Income-Tax (I-T) Department’s recent action may add to the vows of investors in India. The …
Finance Ministry is expecting that tech issues of the new Income Tax (I-T) portal will be resolved soon and the website will function normally by the first week of …
As the world is inching towards global tax framework, India expects to gain minimum about $12-13 billion annually in taxation, which it loses to offshore tax havens, once the …
Income tax (I-T) returns for 2021-22 cannot be filed through any software or directly by uploading JASON file because its functionality has not been enabled at the Income Tax …
