Tax Gyan - The Makeyourtax Blog

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Tax Evaders to disclose income before 30.09.2016

Tax Evaders to disclose income before 30.09.2016 Press Information Bureau Government of India Ministry of Finance 26-June-2016 20:24 IST Prime Minister speaks on Income Declaration Scheme in Mann ki Baat The Honorable Prime Minister, Shri Narendra Modi, in his radio programme, Mann Ki Baat aired on Sunday, 26th June, 2016, advised his countrymen about the …

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10 reasons why you should file your Income Tax return

The due date of Income tax return filing for Individuals i.e 31st of July is fast approaching. It’s time to file your return and pay your taxes. Tax payers generally take filing of return as a burden or an additional compliance put on by the government. In fact, Income Tax Return is just a Statement …

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Clarification regarding News Report on Tax Defaulter Arrest

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes   PRESS RELEASE New Delhi, 21st June, 2016. Sub: – Clarification regarding News Report on Arrest of Tax Defaulters – reg Certain sections of the press have been carrying news reports today that Income Tax Department is going to arrest willful …

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Draft forest policy out, brace for green tax

Draft forest policy out, brace for green tax The environment ministry has come out with a draft National Forest Policy (NFP), proposing levy of a green tax while calling for safeguarding forest land by exercising strict restraint on diversion for non-forestry purposes like mining and industrial projects and practising responsible eco-tourism in forest areas to …

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Major Take Aways from Annual Conference of Tax Administrators

Press Information Bureau Government of India Ministry of Finance 18-June-2016 12:05 IST “Rajswa Gyansangam- Annual Conference of Tax Administrators-2016”concludes; Major Take Aways from two day “Annual Conference of Tax Administrators-2016” include further improvement in Tax Payers Services by use of technology and increased human touch; widening of tax base and faster dispute resolution among others. …

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NRIs can now join & subscribe to NPS online through eNPS

Press Information Bureau Government of India Ministry of Finance 17-June-2016 17:14 IST Non Resident Indians (NRIs) can now join and subscribe to NPS online through eNPS NRIs have a pivotal role to play in the Indian economy. India has the second-largest Diaspora in the world, with around 29 million people living in over 200 countries …

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