Page 10 - Taxpayers

FM defends new tax regime, says it will benefit taxpayers in some brackets

She defended the new scheme by saying that it will benefit some taxpayers falling in certain brackets, if not all

Nirmala Sitharaman's Budget 2020: Trust, the new mantra in tax policy

The Centre's commitment to reduce harassment of a sound taxpayer reaffirmed

Budget 2020: Insurers, mutual funds fear impact from tax code nudge

Investors will have to forego tax benefits on several products if they switch to new regime

Finance Ministry allows 3 last dates for filing GSTR-3B for taxpayers

From now onwards, there will three dates -- 20th, 22nd and 24th -- of every month for different categories of tax payers

Big taxpayers yet to take benefits of Sabka Vishwas amnesty scheme

These taxpayers have declared tax dues of around Rs 79,968 crore and after availing the various reliefs and amnesty as per the rules of the scheme, they would pay around Rs 35,094 crore, sources said

GST Council to set up grievance redressal mechanism for taxpayers

The committee will meet once every quarter or more frequently as decided by the co-chairs

Number of taxpayers rises nearly 14%, but returns filed fall 2% in FY19

The number of returns filed declined to 67.3 million in FY19 year-on-year from 68.7 million in the previous year

Journey of faceless e-assessment starts; I-T dept identifies 58,322 cases

Though the system is called faceless, it would have a room for inviting tax payers through video conferencing

Changes in I-T rules kick in today; to help govt track taxpayers' income

The Budget has made PAN and Aadhaar interchangeable, but both have to be linked by September 1

Direct Tax Code 2.0: Task force for big relief to individual taxpayers

Income tax payers earning up to Rs 55 lakh per annum may end up with a major tax relief

Budget 2019: A comparison with tax rates in advanced economies unjustified

The NPS exemption has been increased to 60% as promised earlier

Taxpayers may see an increase in exemption limit if not I-T reduction

Now is the time for her to accelerate the run rate and aim for a match-winning score.

Now, risk scores will be assigned to determine taxpayers' audit scrutiny

Taxpayers, along with their risk scores, have been divided into three categories - large, medium, and small

Indian-origin Arora brothers among Britian's 24th top taxpayers: Report

Indian-origin retail brothers -- Simon, Bobby and Robin Arora -- have been ranked Britain's 24th highest taxpayers, according to a new top 50 list compiled by 'The Sunday Times'. The Arora family, behind the B&M chain of discount stores, paid 25.6 million pounds towards their 2017-18 tax bill against wealth estimated at 2,300 million pounds. The UK's highest taxpayer was named as sportwear businessman Stephen Rubin, who paid 181.6 million pounds in tax in 2017-18 against a wealth estimate of 2,820 million pounds. "These are the taxman's best friends those who make the inaugural 'Sunday Times Tax List' based on the taxes due on their business profits, share sales, dividend income, house purchases and, where known, personal income through their salaries," the newspaper noted. "The super-rich are often castigated for not paying their fair share of tax, for deploying all tax avoidance measures at their disposal, yet the top 1 per cent of earners are expected to yield 28 per cent of ..

Number of direct taxpayers may double to 76 mn in PM Modi's regime: FM

The number of direct taxpayers was 38 million when the Modi-led government took office in May 2014

Taxpayers foot the bill for penalty levied on government officer by CIC

Taxpayers foot the bill for penalty levied on government officer by CIC

Taxpayers should ask for warrant before allowing I-T search: Revenue dept

In Delhi, six persons had allegedly told a family that they were from the tax department and had come to probe evasion of Rs 20 lakh

At 'Gyan Sangam', PM Modi urges tax officials to improve work culture

Arun Jaitley commended the efforts made by the central and state tax officials to make GST a reality

Only 34% service taxpayers move to GST payment portal: CBEC ups outreach

Out of the 80 lakh excise, service tax and VAT assessees; 54 lakh have turnover below Rs 20 lakh

Letters: Dangerous precedent

The bottom line is that taxpayers' money is being squandered