Tag Archives: Tax

Infosys admitted glitches in I-T portal, resolving them: Finance Ministry

By | July 20, 2021

Infosys has acknowledged the technical issues in the new Income Tax portal and some of the initial glitches like slow functioning of the portal and non-availability of certain functionalities have been mitigated, Parliament was informed on Tuesday. The portal www.incometax.gov.in had a bumpy start from the day of its launch on June 7 as… Read More »

Tax dept allows revision of declarations under ‘Vivad Se Vishwas’ scheme

By | December 6, 2020

Entities filing declaration under the direct tax dispute resolution scheme ‘Vivad Se Vishwas’ can revise them till the time tax authorities issue certificate mentioning details of tax arrear and the amount payable, the Income Tax Department has said. Issuing a set of FAQs on ‘Vivad Se Vishwas’ scheme, the Central Board of Direct Taxes… Read More »

25,000 defaulting taxpayers to be persuaded to file GST returns by Nov 30

By | November 28, 2020

The Goods and Services Tax Network (GSTN) along with tax officials have decided to persuade 25,000 taxpayers, who have defaulted to file their GSTR-3B returns by the November 20 due date for the month of October, to file the same. Tax officials have been directed to follow up personally with these defaulting taxpayers so… Read More »

Digitisation will help measure GDP accurately: FM Nirmala Sitharaman

By | November 6, 2020

Finance Minister Nirmala Sitharaman on Friday said increased digitisation will help in making better assessment of the country’s economic growth and nudged tax practitioners to suggest their clients to shift towards digital modes of payments. She said the government, irrespective of the party in power, tries to widen the tax net and at the… Read More »