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Feb 13, 2017 at 14:22 | Source: Moneycontrol.com
There are many with income above basic exemption limit who do not file returns even though it is mandatory. However, stiff penalties proposed to levied in Budget 2017 for late filing would ensure that taxpayers file their returns in time.
Feb 10, 2017 at 16:41 | Source: Moneycontrol.com
Changes ensure that income tax reporting happens earlier than what it used to be.
Feb 09, 2017 at 16:12 | Source: Moneycontrol.com
If you have refurbished your home with expensive furnishings or bought a high-end television set but not bothered to file income tax returns, then you could be under the taxmens radar as part of a new move to detect non-filers who may have concealed assets and evaded taxes.
Feb 07, 2017 at 20:14 | Source: PTI
The income tax department has sent a fresh set of certificates of appreciation to 3.74 lakh taxpayers for payment of taxes and filing of returns in time.
Feb 01, 2017 at 22:12 | Source: PTI
Taxpayers who do not file their Income Tax Returns (ITRs) on time will have to shell out a penalty of upto Rs 10,000, but from the 2018-19 Assessment Year (AY).
Feb 01, 2017 at 20:18 | Source: PTI
Making it easier for small taxpayers, Finance Minister Arun Jaitley today said there will beno scrutiny of assessees filing income tax returns for thefirst time.
Feb 01, 2017 at 16:54 | Source: PTI
Reacting to the proposals in the Budget presented by Finance Minister Arun Jaitley today, he praised the Centre's move to bring "much-needed" reforms in political funding by making political parties file income tax returns, and lowering the maximum cash donation received by any party from one source to only Rs 2,000 from Rs 20,000.
Feb 01, 2017 at 15:18 | Source: PTI
Unveiling the Budgetary proposals for 2017-18, Jaitley said: "As per the data of assessment year 2015-16, there are 6.94 lakh companies filing returns, out of which 6.67 lakh companies fall in this category. Therefore percentage wise, the 96 per cent companies will get the benefit of this lower taxation".
Jan 20, 2017 at 11:53 | Source: Moneycontrol.com
For people who've missed filing in the fiscal 2014-15, this will be last chance to file returns as well. With numerous startups mushrooming in the fin-tech space, e-filing of taxes has become a breeze
Jan 12, 2017 at 20:58 | Source: PTI
Retirement fund body EPFO has extended deadline for payment of EPF contributions by five days till January 20 in view of difficulties being faced by firms in filing EFF returns online due to technical issues.
Messages on File Returns »

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After capping anonymous cash donations to political parties at Rs 2,000, the government is amending law to make it mandatory for them to file returns on income by December every year or risk losing tax exemption status.

1.30 PM Feb 2nd

@NiftyLover
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3.7 cr individuals filed returned in Fy-17,

12.26 PM Feb 1st

@NiftyLover
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From 3.7 cr individals who filed returns 99 lakhs showed income below exemp limit, 1.95 cr bet Rs.2.5-5 lakh & only 24 lakh above Rs.10 lakh

12.26 PM Feb 1st

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The Income Tax Department has identified an additional 67.54 lakh potential non-filers who carried out high value transactions in 2014-15 but did not file return of income.

6.18 PM Dec 22nd 2016

UmeshSri

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ways. let all individuals file returns along with actual income.

11.54 AM Dec 16th 2016

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The Income Tax department has found "various inconsistencies" in cash deposits in Jan Dhan accounts and detected about Rs 1.64 crore deposited by persons who have never filed returns as their income shown is below the taxable limit.

4.20 PM Dec 4th 2016

UmeshSri

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their income, pay tax, file returns, open bank accounts, go digital for monetary transactions, which will pave the way for much higher growth than India could have achieved in the longer run. Too early to evaluate. Wait and watch for March 2018 which will tell the results.

11.29 AM Dec 4th 2016

akaj88

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Govt. should take steps to bring Rich / Super Rich Farmers in the Income Tax Regime. They must file Returns. As of now if a Farmer sells his land even for tens of crores of Rupees no long term capital gains. Those absentee Landlords who give their farmland on Lease ( Theka ) have to pay Income Tax

6.41 PM Nov 15th 2016

akaj88

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TAX TERRORISM Raiding Poor Dosa sellers to achieve Income Tax Targets In India Income Tax is a Jazia on Non Vote Banks Rich and Super Rich Farmers do not even have to file Returns where as Physically Handicapped Indians pay All the Income Tax freebies are meant for actual Tillers Plough

10.36 AM Sep 23rd 2016

capitalm

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everyone saw wide open with their eyes there was no dolly khanna in it. was it wrong to bring out your lies and showing to the board, everybody here were exactly as he describes daily, i am really surprised RM, PVD, were among supporting someones wrongs so much, that they forget, that the filed

8.57 PM Sep 19th 2016

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