Feb 27, 2021 06:58 PM IST
Bajaj, the incumbent Secretary of Department of Economic Affairs, would be succeeding Dr ABP Pandey upon the latter's superannuation.
- Nov 29, 2020 10:48 PM IST
About 80 lakh sales return or GSTR-3B have been filed so far.
- Nov 28, 2020 10:18 PM IST
In order to monitor the activity of defaulters failing to file their monthly summary return of transactions (form 3B) in November, the Revenue Department has also asked the officials to follow up with 25,000 businesses
- Jul 23, 2020 06:20 PM IST
The Finance Secretary said that the Revenue Department wants to bring in self-compliance among taxpayers by making available data of all financial transactions via Form 26AS at the time of filing income tax (I-T) return.
- May 30, 2020 04:13 PM IST
Talking about the host of measures on which they are working, he said the DPIIT will be extending more funds this year to startups under the Fund of Funds scheme. It has provided over Rs 1,000 crore last year.
- Jan 03, 2020 04:17 PM IST
Non-complaint businesses would face a daily penalty of Rs 5,000.
- May 02, 2018 03:37 PM IST
"The department will look at quarterly revenue trends to better gauge the revenue trend. The aim is to increase the average revenue collection from what we achieved last fiscal," a senior official told PTI.
- Mar 07, 2018 06:03 PM IST
Domestic consumption is estimated at 26 million tonnes, and markets are betting on 1.5 million tonnes of exports in the next 6-7 months.
- May 11, 2017 05:00 PM IST
The digitisation of the 7/12 receipts of 2.46 crore land title documents in Maharashtra, is expected to be over by the end of July 2017, instead of in May, as was envisaged earlier, a R
- Apr 07, 2017 01:03 PM IST
The department said more than 245 benami transactions have been identified and provisional attachments of properties worth Rs 55 crore have already been made in 124 cases as per the amended benami transactions prohibition law which came into effect from November, 2016.
- Apr 06, 2017 02:00 PM IST
The state revenue department of Maharashtra recently hiked the ready reckoner rates, by an average rate of 5.86% across the state. In Mumbai, the ready reckoner rates have been increased by 3.95%, as opposed R
- Mar 06, 2017 04:00 PM IST
The Mumbai suburban district administration will start the process of razing illegal structures in the Coastal Regulation Zone (CRZ) in Versova next week, an official said on March 5, 2017. The administration has identified R
- Mar 03, 2017 02:36 PM IST
The Central Board of Excise and Customs, the apex policy making body for indirect taxes, in a communication to the field formations has asked the Zonal Chief Commissioners to submit a weekly progress report beginning March 6.
- Jan 22, 2017 11:38 AM IST
Demonetisation will lead to a wider tax base and lower interest rates, thus paving the way for "sustainable faster economic growth", the Finance Ministry has said.
- Nov 07, 2016 03:38 PM IST
Over 300 construction sites were penalised for violating dust pollution norms in Delhi, although the drive against open burning of waste did not gather as much steam. Analysis of data shared by the Delhi R
- Nov 07, 2016 02:23 PM IST
The tax incidence will remain more or less the same under GST despite the cess, says Executive Director of M&M, Pawan Goenka. He along the management of several auto companies, discussed transitional issues on GST with Finance Minstry officials today
- Sep 19, 2016 07:16 PM IST
The revenue department is likely to issue clarification on legality of levying excise duty by the Centre on various commodities till implementation of goods and services tax (GST) from April 1, 2017.
- Jun 27, 2016 09:48 AM IST
At 7.50 a.m. (1250 GMT), the Chinese container ship "Cosco Shipping Panama" entered the Agua Clara lock on the Atlantic to begin the first crossing of the roughly 50-mile-long (80.45-km-long) waterway and was due to emerge on the Pacific side by 5.00 p.m. (2200 GMT).
- Jun 22, 2016 10:24 PM IST
The revenue department has extended the date for reporting details of accounts under Foreign Account Tax Compliance Act (FATCA) by six months to December 31, 2016, and excluded two types of entities from the purview of the Act
- Jun 22, 2016 10:46 AM IST
The Central Board of Direct Taxes (CBDT) has also been updating the Special Investigation Team (SIT) set up under the directions of the Supreme Court to monitor cases related to black money, according to the Revenue Department.
- Apr 01, 2016 09:10 PM IST
Brushing aside concerns expressed by tax experts over the new disclosure norms, Adhia said this will mainly apply to those who were required to file wealth tax returns.
- Mar 26, 2016 12:52 PM IST
Finance Ministry is likely to notify by first week of April new income tax return forms for
Assessment Year 2016-17 which will more or less be similar to
the one that was filed by assessees last year.
- Mar 02, 2016 01:07 PM IST
In his post-Budget 2016-17 interaction with industry chambers, the Finance Minister pointed that the revenue department is doing an important job to make sure that people comply.
- Feb 22, 2016 10:04 PM IST
The Revenue Department is in favour of changing the time frame from 1 year to 3 years but Department of Economic Affairs is against it.
- Feb 17, 2016 08:08 AM IST
The Central Board of Excise and Customs (CBEC) in the Finance Ministry has issued a notification in this regard.