Page 2 - Tax Compliance

Faceless tax scrutiny will ease compliance burden, increase fairness: FM

In a series of tweets, the Finance Ministry said the I-T department has taken up several reforms to make tax compliance easier for taxpayers

Foreign investors get tax compliance relief for AIF investment in IFSC

AIF refers to any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign

Gujarat emerges as most tax-compliant state in AY19, Bihar least compliant

Among large states, the lowest rate of filing was seen in Bihar at 5 per cent, followed by UP at 8.11 per cent - much below the national average of 12 per cent

Tax dept to launch e-campaign on voluntary compliance from next week

The income-tax department will start an e-campaign from July 20 on voluntary compliance for the convenience of taxpayers

Focus on tour operators to manage tax at source on overseas travel

Travellers whose incomes are below the taxable limit will have to file a return to claim the refund on this tax

Why it pays to pay your taxes

I-T rewards for honest taxpayers likely