Press Release Archive

Income tax searches conducted on 2534 groups of persons in FY 2013-14, 2014-15, 2015-16 and FY 2016-17 (up to January, 2017)

Author: | Categories: Income Tax No comments
Income tax searches conducted on 2534 groups of persons in FY 2013-14, 2014-15, 2015-16 and FY 2016-17 (up to January, 2017) ITD conducted searches in about 2534 groups of persons led to admission of undisclosed income of about Rs. 45,622 crore apart from seizure of undisclosed assets (cash, jewellery

Unclaimed Deposits in Banks and Insurance Companies

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Unclaimed Deposits in Banks and Insurance Companies The details of the unclaimed deposits reported by various banks under Section 26 of Banking Regulation Act (BR Act), 1949 are as follows: As of Unclaimed Deposits (Rs. in crores) 31.12.2013 5124.98 31.12.2014 4998.27 31.12.2015 6835.40 The details of unclaimed amount reported

India-Singapore DTAA amendments made by third protocol comes into Force on 27th February 2017

Author: | Categories: Income Tax No comments
India-Singapore DTAA amendments made by third protocol comes into Force on 27th February 2017 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 23rd March, 2017. Press Release Third Protocol Amending India-Singapore DTAA Comes into Force The Third Protocol amending India-Singapore Double

Union Cabinet approves four GST related bills today.

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Union Cabinet approves four GST related bills today The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approves the four Goods and Services Tax (GST) related bills today The GST law will be the biggest reform in the area of Indirect Taxes in the history of independent

CVC-Media reports that online data of corrupt officials lost-deleted is totally misleading and incorrect.

Clarification by the Central Vigilance Commission (CVC) regarding media reports stating crash of hard disc of CVC portal and loss of data stored online Media reports stating data stored online about corrupt officials was lost or deleted is totally misleading and incorrect . The Central Vigilance Commission has noticed that

Its reform not disruption. This is the mind of 21st century people, rear disrupter are 1.25 Billion Indians-Text of PM address

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Its reform not disruption. this is the mind of 21st Century people, rear Disrupter are 1.25 Billion Indians-Text of PM address at India Today Conclave Text of PM’s address (through video conference), at the India Today Conclave सबसे पहले आप सभी को इस आयोजन के लिए बहुत-बहुत बधाई-शुभकामनाएं। इंडिया

4.21 Crores ITRs e-filed in FY 2016-17 till Feb-2017. Total amount of refund issued is Rs. 1,48,459 crore till 28.02.2017

Author: | Categories: Finance Ministry No comments
4.21 Crores ITRs e-filed in FY 2016-17 till Feb-2017. Total amount of refund issued is Rs. 1,48,459 crore till 28.02.2017 Ministry of Finance Dated: 17th March, 2017 Number of e-filed Income Tax Returns in Financial Year 2016-17 (till 28.02.2017) was 4.21 Cr: The total amount of refund issued in
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