Taxpayers not eligible for Atal Pension Yojna from October 1

If someone who enrols into APY on or after that date and is subsequently found to be an income tax payer on or before the date of application then their APY account will be closed.

published on : 12th August 2022

Income tax payers barred from enrolling in Atal Pension Yojana from Oct 1

More than 99 lakh APY accounts were opened during the last fiscal, taking the total number of subscribers to 4.01 crore at the end of March 2022.

published on : 11th August 2022

FY22 ITR filing: Over 63.47 lakh returns filed till 10 pm on last day

Individuals with an annual income below Rs 5 lakh will be liable for a late fee of Rs 1,000 for delayed return filing.

published on : 31st July 2022

I-T department issues FAQs on ITR filing ahead of July 31 deadline

Other FAQs relate to deductions for saving bank interest, how to change tax regimes since there are two tax regimes -- old and new -- now and how to file returns through offline utilities.

published on : 31st July 2022

Rs 33 crore spent on Vijayawada corporators' north India study tour: Taxpayers' Association

Taxpayers’ Association (TPA) has demanded that Vijayawada Municipal Corporation (VMC) corporators make public the exact amount spent on their North India study tour in June.

published on : 19th July 2022

Choosing correct ITR form, disclosure of assets and liabilities: Points to remember while filing income tax returns

The deadline for filing the Income Tax Returns (ITR) for the individuals who are not subject to tax audit, which is July 31 this year, is fast approaching

published on : 18th July 2022

Taxpayers’ Association: Withdraw proposal to auction Payakapuram Layout

In addition, 0.20 cents of land in Gurunanak Colony will be also auctioned, violating the norms meant for space for community needs.

published on : 30th June 2022

40,000 taxpayers live in Telangana, pay Andhra Pradesh: Harish Rao

As the GST loss due to this reason is quite huge, Harish raised the issue in the 47th GST Council meeting held in Chandigarh.

published on : 30th June 2022

Revised property tax: Coimbatore Corpn targets ₹350 crore mop up, to take action against defaulters

CCMC Commissioner M Prathap told TNIE that the corporation has prepared a detailed report on the old and revised taxes for individual properties, which will be sent to the 5.28 lakh taxpayers.

published on : 30th June 2022

People being threatened to pay garbage charge: Taxpayers Association

Anjaneyulu also pointed out that VMC officials were forcing the public to pay the user charges to volunteers and did not issue the payment receipts.

published on : 8th June 2022

No forceful ‘recovery’ of unpaid tax, GST department to officers

As per the GST law, a taxpayer can voluntarily pay unpaid taxes or in response to the show-cause notice raised by the GST department by filing the voluntary tax payment form DRC-03.

published on : 26th May 2022

CBDT asks tax officers to not issue reassessment notices for 3 years till FY15

Central Board of Direct Taxes (CBDT) asked tax officers to give taxpayers two weeks' time to respond to such notices, which can be further extended at taxpayers' request in genuine cases.

published on : 12th May 2022

Taxpayers will need to disclose Interest on PF account in Income Tax Return

The taxpayers will have to make additional disclosures in the Income Tax Return (ITR) forms as the government on Friday notified the ITR form 1-6.

published on : 2nd April 2022

DMK paid for flight to UAE, retorts minister

Thangam Thenarasu added that the trip was made for the welfare of the State’s people, as could be seen from the rousing welcome given to CM by Tamils in UAE.

published on : 28th March 2022

Income tax refunds of over Rs 1.83 lakh crore issued so far this fiscal: CBDT 

"This includes 1.74 crore refunds of AY (assessment year) 2021-22 amounting to Rs 35,296.86 crore," it said.

published on : 10th March 2022

Taxpayers' contribution to country remarkable: Union minister Nitin Gadkari

Gadkari pointed out that regarding simplification of the income tax, many decisions have already been taken by the government.

published on : 26th February 2022

Union Budget 2022 :Impact on personal finance

The Budget 2022 has strongly focused on the macroeconomic factors but has made no big noise on the tax-related proposals.

published on : 4th February 2022

Budget 2022: What can make individual taxpayers happy

Apart from exempting senior citizens from submitting ITRs in exceptional circumstances, no meaningful tax relief has been offered to the salaried class in prior years.

published on : 25th January 2022

Taxpayers can now file applications for advance ruling through e-mail: Finance ministry notifies scheme

This move will majorly benefit non-resident assesses in such proceedings.

published on : 19th January 2022

VMC forcing denizens to pay user charges, says Taxpayers’ Association

The Taxpayers’ Association (TPA) on Wednesday condemned the Vijayawada Municipal Corporation (VMC) officials for pressurising the residents to pay user charges for garbage collection.

published on : 18th November 2021