User: vence1234 Topic: Taxation
Category: Taxation
Last updated: Jan 19 2020 11:35 IST RSS 2.0
 
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Nulding Kut festival celebrated 19.1.2020 The Assam Tribune
Nulding Kut festival celebrated
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Man Who Works In Call Centre Says He Got Rs 3.5 Crore Tax Notice 16.1.2020 NDTV News - Top-stories
Ravi Gupta, who works an assistant manager with a Business Process Outsourcing (BPO) company in Ludhiana, said that in the notice issued last month.
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National Youth Day observed at GU 14.1.2020 The Assam Tribune
National Youth Day observed at GU
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New Zealand govt proposes 'Facebook Tax' 11.1.2020 Central Chronicle
Agencies, Wellington The New Zealand government has proposed two options for a Digital Services Tax (DST) known as 'Facebook Tax' on Tuesday to ensure multinational companies pay their fair share of tax. The DST was first announced by Prime Minister Jacinda Ardern in February that her government would release a discussion document canvassing the possible new tax upon global digital giants which do substantial business in New Zealand but pay no tax on income or revenues, such as Facebook, YouTube and eBay. Finance Minister Grant Robertson and Revenue Minister Stuart Nash proposed on Tuesday two broad options to ensure offshore digital companies no longer enjoy tax breaks which are not available to local businesses. Changing the current international income tax rules to allow more taxation in market countries is one option, which is currently being discussed by the OECD (the Organisation for Economic Cooperation and Development) and the G20 large economies. Applying a separate DST to certain revenues ...
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National Lok Adalat on 13 July 11.1.2020 Central Chronicle
Chronicle Reporter, Bhopal, National Lok Adalat will be organised from High Court to District Court, Taluka, Labour and Family Court level, on July 13, following the direction of National Legal Service Authority. National Lok Adalat will be organised in the State in courts under guidance of Chief Justice of MPHC and Chief Patron of State Legal Service Authority, Justice S K Seth and Administrative Judge and Executive Chairman, State Legal Service Authority Justice H G Ramesh. During the National Lok Adalat criminal compoundable cases apart from cases of second appeal, motor accident compensation claim, matrimonial disputes, cases under section 138, MACT cases, marriage disputes, labour dispute cases, land acquisition cases, civil, revenue, electricity, water tax, sales tax, income tax, indirect tax, cases related to post retirement benefits, service cases which are related to post retirement calamity compensation, civil appeal and other civil and public related disputes would be redressed with mutual ...
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National Lok Adalat on July 13 11.1.2020 Central Chronicle
Chronicle Reporter, Bhopal, National Lok Adalat would be organised across the country from High Court to District Court, Taluka, Labour and Family Court level, on July 13, following the direction of National Legal Service Authority, New Delhi. Accordingly, National Lok Adalat would also be organised in the State in aforementioned Courts under the guidance of Chief Justice of the Madhya Pradesh High Court and Chief Patron of State Legal Service Authority, Justice S K Seth and Administrative Judge and Executive Chairman, State Legal Service Authority Justice H G Ramesh. During the National Lok Adalat criminal compoundable cases apart from cases of second appeal, motor accident compensation claim, matrimonial disputes, cases under section 138, MACT cases, marriage disputes, labour dispute cases, land acquisition cases, civil, revenue, electricity, water tax, sales tax, income tax, indirect tax, cases related to post retirement benefits, service cases which are related to post retirement calamity ...
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Yuva Samvaad at Gandhi Bhawan 11.1.2020 Central Chronicle
Chronicle Reporter, Bhopal, On the 76th anniversary of Quit India Movement, Gandhi Bhawan Trust Bhopal organized Yuva Samvaad at Gandhi Bhawan. Event started with the all religion prayer by the children from Parvarish the Museum school followed by a session on and around Quit India Movement in Past and Present context. The session was taken by a diverse panel comprised of young and experienced people which include Ms. UmangShridhar, founder KhaDigi, Ms. Anuradha Shankar, ADGP MP Police, Ms. SrishtiSargam, Naturopathy Student, Mr. Rakesh Kumar Paliwal, Principal Director Income Tax MP & CG, Mr. Rajeev Sharma, Secretary Urban Development, Mr. ShubhamChouhanTamot, Young Leader and Mr. L.S. Hardenia, Senior Journalist, the panel was chaired by Mr. Rakesh Deewan. SrishtiSargam talked about the importance of Naturopathy and appeal young people to go back on roots and see nature as the tool for healing. UmangShridhar talked about young entrepreneurs and said that every young person should keep Quit India in ...
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100 kg gold, Rs 10 cr cash seized in raids on trader's family in Lko 11.1.2020 Central Chronicle
Lucknow, Income Tax sleuths have seized 100 kg gold and Rs 10 crore unaccounted cash during raids on Rastogi and Sons, a Lucknow-based company with diverse business interests. The raids, which started on Tuesday morning, continued till Wednesday night and the IT officials have recovered 100 kg of gold worth Rs 32 crore. IT sources here on Thursday confirmed about the seizures from five places in the state capital and Mumbai of two brothers Kanihiya Lal Rastogi and Sanjay Rastogi. The raid was led by Deputy Commissioner IT Ravi Malhotra and heavy police security was made during their operations mostly in the old city area of the state capital. Though the company's lockers are yet to be opened, tax officials indicated that the search operation involving more than 40 officers might conclude on Thursday. They have also detected supply of Rs 60 crore in the market on getting interest while there are several immovable properties on fake names. The company, owners of which are into ware housing, brick ...
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ITD publishes list of 24 defaulters under 'Name and Shame policy' 11.1.2020 Central Chronicle
New Delhi, The Income-Tax Department on Thursday published a list of 24 defaulting individuals and companies who are either untraceable or have reported inadequate assets for payment of dues. They owe about Rs 490 crore in taxes. According to an advertisement published in leading newspaper issued by Income Tax Department, these individuals or companies are/were in the business sectors like food processing, bullion trading, software, real estate, breweries and manufacture of ingots etc. The advertisement has been issued by the Income Tax Department as part of its name and shame defaulters policy. In the advertisement most of the details such as the identity of the firm or the individual, the name of their directors and partners, the date of incorporation of the company (date of birth in case of individuals), their Permanent Account Number (PAN) or the Tax Deduction Account Number (TAN), their last known address and business profile, the amount of tax defaulted, assessment year and the respective ...
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Union Budget 11.1.2020 Central Chronicle
Union Finance Minister Mr.Arun Jaitley presenting the Union Budget announced the world’s largest Government funded Health programme-National Health Protection Scheme, which will cover 10 crores poor and vulnerable families by providing health care upto Rs.5 lakh per family per year. The Government is slowly but steadily progressing towards universal health coverage. Such persons will have a health card and on that basis will get treatment at secondary and tertiary care institutions. It will cover 50 crore beneficiaries. This scheme will generate lakhs of jobs for women. The TB claims more lives every year than any other diseases. In the Budget there is provision of Rs.600 crores for nutritional supports to all TB patients of Rs.500 per month. The fiscal management is the most vital point for Budgets. Mr.Jaitley said despite of tough condition on the economy the Government was able to contain it to 3.5 per cent in the current fiscal. Although the target was 3.2 per cent but revise deficit stood at 3.5 ...
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Union Budget 2018 -19 11.1.2020 Central Chronicle
Union Budget 2018 -19 Highlights  Education and health cess to be increased from 3 per cent to 4 per cent  Standard deduction of Rs 40,000 introduced in lieu of transport and medical reimbursements for salaried employees  All senior citizens can claim benefit of reduction Rs 50,000 year for any general health expenditure and health insurance premium  Exemption of interest income on bank deposits raised to Rs 50,000 for senior citizens  Long-term capital gains exceeding Rs 1 lakh to be taxed at 10 per cent  Electronic IT assessment will be rolled out across the country, leading to greater efficiency and transparency  No change in personal income tax rates for salaried class  Tax buoyancy more than expected, thanks to greater compliance  Demonetisation was received by honest tax-payers as ‘Imaandari ka Utsav’  Measures on rationalising long-term capital gains  Companies with turnover of upto Rs 250 crore to be taxed at 25 per cent  Government has identified 372 specific business reform actions to improve ...
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Tax officials conduct surprise search at SoftBank-backed Oyo 10.1.2020 Reuters: Money News
SoftBank-backed hotel chain Oyo Hotels and Homes said on Friday income tax authorities had carried out a surprise search at one of its four offices in Gurugram.
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CISF Seizes Rs 25 Lakh From Delhi Metro Passenger 9.1.2020 NDTV News - Top-stories
The Central Industrial Security Force (CISF) seized Rs 25 lakh in cash from a passenger's hand baggage, at the Okhla Vihar Metro Station in Delhi, on Thursday.
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Austrian coalition deal includes corporate tax rate cut to 21% - Kurz 2.1.2020 Reuters: World News
The Austrian coalition deal struck between conservatives led by Sebastian Kurz and the Greens includes cutting the corporate tax rate to 21% from 25%, Kurz said on Thursday.
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Date for linking PAN with Aadhar card extended 1.1.2020 Manipur: E-Pao
Date for linking PAN with Aadhar card extended
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Central Board of Direct Taxes extends deadline to link PAN with Aadhaar to March 31, 2020 30.12.2019 Scroll.in - News that matters
This is the eighth time that the CBDT has extended the deadline.
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Last date to link PAN-Aadhaar extended till March 31, 2020 30.12.2019 DNA
If the PAN card is not linked with Aadhaar within the stipulated time, the former will become inactive.
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Deadline To Link PAN With Aadhaar Extended From December 31 To March 2020 30.12.2019 NDTV News - India-news
The deadline to link PAN with Aadhaar has been extended to March 31 next year, the Central Board of Direct Taxation said today. The earlier deadline was December 31. The Income Tax department had in...
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How to link Aadhaar and PAN online or using SMS before 31st December 30.12.2019 Scroll.in - News that matters
The deadline to link PAN with Aadhaar was extended till 31st December 2019 by the CBDT in September.
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‘Honesty always comes with a price,’ says EC Lavasa who opposed clearing Modi of poll code violation 28.12.2019 Scroll.in - News that matters
Lavasa and his family are now being investigated by the Income Tax department.
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