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TDS / TCS Rates reduced 25% till March 31, 2021: Finance Minister

Taxscan Team

In order to provide more funds at the disposal of the taxpayers, the rates of Tax Deduction at Source ( TDS ) for non-salaried specified payments made...

Govt. extends Due Dates of all Income Tax Returns for FY 2019-20

TDS Payment - P.P Chaudhary - COVID-19 - Taxscan

COVID-19: Lok Sabha Member P.P Chaudhary writes to FM to waive Interest on delayed TDS Payment [Read...

Pradhan Mantri Garib Kalyan Package - E-Wallet Scheme - Digital Payment - Digital Payments - Infrastructure -Penalty - CBDT - Taxscan

Finance Ministry enables Robust Digital Payment Infrastructure for Prompt Transfer of Cash Payment...

Vivad se Vishwas Scheme: No Additional 10% Amount If Payment made by June 30, says FM

CBDT clarifies Calculation of Disputed Tax were Interest has been paid while in Appeal

The Central Board of Direct Taxes (CBDT) clarified that the calculation of Disputed Tax in a case where disputed demand including interest has been paid by the assessee while being in appeal. The...

Cabinet approves Amendments to ‘Direct Tax Vivad se Vishwas Bill, 2020’

The Union Cabinet today gave its approval for amendment of the Direct Tax Vivad se Vishwas Bill, 2020, so that its scope can be widened to cover litigation pending in various debt recovery tribunals...

Budget 2020 proposes Faceless Appeals in Income Tax Act

While presenting the Budget for 2020-21, the Union Finance Minister Nirmala Sitharaman said that, the Income Tax Act will be amended to allow faceless appeals against tax orders on lines of faceless...

Budget 2020: Govt proposes Health Cess on Import of Medical Equipments

The Union Finance Minister Nirmala Sitharaman through the Union Budget 2020 on Saturday has proposed to levy 5% health cess to be imposed on the imports of medical devices, except those exempt from...

Company Law Committee - 2019 submits its report to Finance Minister [Read Report]

The Company Law Committee was constituted by the Ministry of Corporate Affairs in September, 2019, inter alia, to further decriminalise the provisions of the Companies Act, 2013 based on their gravity...

Finance Minister chairs 21st Meeting of Financial Stability and Development Council (FSDC)

The 21st Meeting of the Financial Stability and Development Council (FSDC) was held here today under the Chairmanship of the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman. ...

Finance Minister Launches ICEDASH & ATITHI for improved monitoring and pace of Customs Clearance of Imported Goods and Facilitating Arriving International Passengers

The Union Minister of Finance and Corporate Affairs, Smt Nirmala Sitharaman today unveiled two new IT initiatives – ICEDASH and ATITHI – for improved monitoring and pace of Customs clearance of...

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