One Lakh villages to go digital over next five years: Govt
Feb 01, 2019, at 05:15 pm
New Delhi, Feb 1 (IBNS): India having emerged as the world leader in the consumption of mobile data, the Government on Friday said it is now aiming to widen its impact by reaching out to the interior and rural areas.
Union Budget: Highest ever growth of 42% recorded in minimum wages of labours during last 5 years
Feb 01, 2019, at 04:32 pm
New Delhi, Feb 1 (IBNS): During the last 5 years, the minimum wages of labours of all classes have been increased by 42% which is the highest increase so far, revealed Union Finance Minister Piyush Goyal while presenting the budget on Friday.
Union Budget: Government proposes to launch pension scheme for unorganised sector workers
Feb 01, 2019, at 04:18 pm
New Delhi, Feb 1 (IBNS): The Government on Friday proposed to launch a mega pension yojana namely 'Pradhan Mantri Shram-Yogi Maandhan'for the unorganised sector workers with monthly income upto Rs. 15,000.
Jan 16, 2019, at 06:27 pm
New Delhi, Jan 16 (IBNS): The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to expenditure sanction of Rs.4,241.97crore for Integrated E-filing &Centralized Processing Center 2.0 Project of the Income Tax Department.
Direct Tax collections for F.Y. 2018-19 up by 14.1%: Officials
Jan 07, 2019, at 06:46 pm
New Delhi, Jan 7 (IBNS): The provisional figures of Direct Tax collections up to December, 2018 show that gross collections are at Rs. 8.74 lakh crore which is 14.1% higher than the gross collections for the corresponding period of last year, official data released on Monday said.
Mar 30, 2018, at 06:20 pm
Chennai, Mar 30 (IBNS): Cognizant has assured its employees that the tax dispute between its Indian subsidiary and the Indian Income Tax department will not affect them, according to media reports.
Banks to block accounts in absence of self certification, necessary for FATCA compliance
Apr 12, 2017, at 08:40 pm
New Delhi, Apr 12 (IBNS): Bank accounts opened between July 1, 2014 and August 31, 2015 have to submit self-certification by April 30 this year or their accounts will be blocked until the certification is submitted, according to a statement by the Income Tax Department.
Dec 14, 2016, at 09:26 pm
New Delhi, Dec 14 (IBNS): The Union Ministry of Finance made it very clear on Wednesday that revision in the returns filed will be only allowed for any omission or wrong statement and not making any changes in the income initially declared in the original return of income.