Tag: Press Release
Govt. Clarification-deeming Indian tax residency provisions as per Budget 2020 not to apply to bonafide workers abroad unless income is derived from Indian business/profession The Finance Bill, 2020 has proposed that an Indian citizen shall be deemed to be resident in India, if he is not liable …
Government puts in place measures to protect Commercial decision making by Banks The Finance Minister has repeatedly assured Bankers that adequate measures would be taken to protect honest commercial decisions taken by them and distinction would be made between genuine commercial failures and culpability.Every Bank was also required …
Tax Invasion is a Social Injustice to fellow citizens: Chief Justice of India Tax Judiciary plays an important role in resource mobilization of the country; Artificial Intelligence is a new hope for Public Institutions; Inaugurates 79th Foundation Day Celebrations and All India Members’ Conference of the Income …
GST Taxpayers allowed to file GSTR-3B Returns in Staggered Manner due to difficulties faced in filing of the returns due to GSTN portal glitches. GSTR-3B Returns can be filed in Staggered Manner Now the GST Taxpayers can file their GSTR-3B Returns in a Staggered Manner Considering …
Printing process for Union General Budget 2020-21 commences with Halwa Ceremony The Halwa ceremony, marking the commencement of Budget printing process for Union General Budget 2020-21, was held here in North Block today morning in the presence of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. …
CBDT grants relaxation in eligibility conditions for filing of Income-tax Return Form-1 (Sahaj) and Form-4 (Sugam) for Assessment Year 2020-21 Ministry of Finance Press Release In order to ensure that the e-filing utility for filing of return for assessment year (A.Y) 2020-21 is available as on 1st April, …
Income Tax Department conducts search & survey operations on Share Brokers/Traders across India On 3rd December 2019, the Income Tax Department carried out search and survey operations on certain share-brokers/traders who were involved in facilitating accommodation of profits/loss through reversal trades in illiquid stock optionsin Equity Derivative Segment and …
Nationwide GST Stakeholder Feedback Diwas for New GST Returns to be observed tomorrow The Central GST and State GST authorities have organized a nationwide GST Stakeholder Feedback Diwas on New GST Returns on 7th December 2019 for getting an on-the-spot response to the new GST Returns to be introduced …
CBDT Chairman inaugurates Web Portal for exchange of information on Income Tax Shri P.C. Mody, Chairman, Central Board of Direct Taxes (CBDT), inaugurated the Web Portal for Exchange of Information on Income Tax here today. The Web Portal consolidates all the relevant Automatic Exchange of Information (AEOI) related …
IEPF Authority Help Line No. 1800-114-667 inaugrated. It will facilitate callers in tracking status of claims refund/report suspicious claim MCA Secretary inaugurates IEPF Authority Help Line No. 1800-114-667 Shri Injeti Srinivas, Secretary, Ministry of Corporate Affairs, inaugurated the Investor Education and Protection Fund Authority (IEPFA) Help Line …