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Finance Ministry launches a new Twitter Handle to invite queries on GST

The Department of Revenue, Ministry of Finance, Government of India has opened a new Twitter Handle @askGST_GoI to invite queries from all taxpayers...

Aadhaar Mandatory for Atal Pension Yojana: Finance Ministry [Read Notification]

Govt exempts Super Senior Citizens, Persons from Certain States from Mandatory Quoting of Aadhaar...

Penalty on CAs for Filing Wrong Information: Plea in Madras HC Challenging Vires of Sec 271J of...

Govt to Set Up a New Team to settle cases pending before CBEC

Finance Ministry extends due date for Deposit under PMGKY Scheme till April 30, 2017 [Read Notification]

In a notification issued yesterday, the Ministry of Finance has extended the due date for deposit under Pradhan Mantri Garib Kalyan Yojna Deposit Scheme till April 30th 2017. The Central Government...

Finance Ministry introduces Provision of Taxation on NPS in Income Tax Act

The provision that the withdrawal from National Pension Scheme (NPS) is taxed to the extent of 60 per cent has been introduced into the Income Tax Act, 1961 vide Finance Act, 2016 by inserting clause...

More than Rs. 1.37 Lakh Cr of Tax Evasion detected last three years: Finance Ministry

Concerted & co-ordinated actions of Law Enforcement Agencies (LEAs) under the Department of Revenue have achieved phenomenal success in fighting the menace of black money during the last three...

scrutiny assessment - ITAT - Scrutiny - CBDT - Taxscan

Aruna Sethi appointed as the Chief Adviser (Cost) in Finance Ministry

Mrs. Aruna Sethi, 1985 batch officer of Indian Cost Accounts Service (ICoAS) has been elevated to the position of Chief Adviser (Cost) in the Ministry of Finance, Department of Expenditure w.e.f. 1st...

Govt. to introduce Simplified Income Tax Return Form: E-Filing starts from April 1st

In a move to encourage more number of people to file Income Tax returns, the Finance Ministry will introduce simplified form for salaried individuals from April 1, 2017, reports PTI. Individuals with...

Finance Ministry proposes Aadhaar Mandatory to File Income Tax Returns

Finance Ministry also proposed to Aadhaar Madatory for Applying for PAN Card. The Ministry of Finance today proposed the Aadhaar card mandatory to file Income Tax Return (ITR) and applying for a...

Atal Pension Yojana - Aadhar - Finance Ministry - Taxscan

No Service Tax Exemption to Educational Institutions from April 1st, says Finance Ministry [Read Notification]

In a notification issued yesterday, the Ministry of Finance has withdrawn Service Tax Exemption to Education Institutions other than an institution providing services by way of pre-school education...

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