Wednesday, November 6, 2024

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CBDT

Election affidavit complaints: Income Tax dept sends notices to Uddhav Thackeray and son, Sharad Pawar and daughter

Shiv Sena and NCP have shrugged off the IT notice as 'routine activities'.

Shiv Sena, NCP dismisses CBDT investigation against Uddhav Thackeray, Aaditya Thackeray, and Supriya Sule, calls it a ‘routine exercise’

EC had asked CBDT to probe allegations of 'fake poll affidavits' against Supriya Sule, Uddhav Thackeray and Aaditya Thackeray

RTI activist alleges Uddhav and Aditya Thackeray lied in their poll affidavit, EC asks CBDT to investigate the complaint

Fresh trouble brewing for Uddhav Thackery, Aditya Thackeray & Supriya Sule as EC directs CBDT to probe discrepancies in their poll affidavits

Central govt rejects Business Standard report on the merger of CBDT and CBIC, schools the newspaper on journalism

Business Standard had published an article claiming that the central government is mulling over the merger of CBDT and CBIC as a part of its austerity drive to reduce the costs amidst coronavirus pandemic

Government junks report by IRS officials that suggested tax hike, orders probe against concerned officers for violation of code of conduct

As per the 43-page report, the Government can earn up to ₹18,000 crores by implementing the suggested proposals.

Income Tax Department clarifies that PM Narendra Modi was correct when he said only 1.5 crore people pay income tax

To dispel false allegations against PM, the Income Tax department has clarified that only 1.5 crore people paid income tax

Did PM Modi actually claim only 2200 people declared income over 1 crore? Or some people just did not listen properly?

PM Modi mentioned that in a country of more than 130 crore people, only 1.5 crore people pay Income Tax. Even from the 1.5 crore people, the number of people announcing income of over 50 lakhs is just 3 lakhs.

Record number of Income Tax Return filed in a single day, I-T dept to issue PAN if ITR filed with only Aadhaar

The dept will allot a fresh PAN to a person who files I-T Returns (ITR) with only Aadhaar as part of a new arrangement to link the two databases

In a major crackdown against corruption by the government, 22 senior government officials in the Finance Ministry sacked

The Central Board of Indirect Taxes and Customs (CBIC) has compulsorily retired 22 senior government officials in "public interest" on charges of corruption and misconduct under Rule 56 (J). 

Media falsely claims that 2 out of 3 chartered accountants don’t pay income tax, here is the truth

The Institute of Chartered Accountants of India has expressed disappointment at misrepresentation of facts by the leading dailies

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