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DeMo impact: Direct tax collection up 19% at Rs 1.9 lakh cr

As much as Rs 61,920 crore of tax refunds have been issued during April-July Illustration: Dominic Xavier/Rediff.com Direct tax collections jumped 19 per cent in the first four months of the......

Airlines collected UK airport tax despite exemption

The travel agents have demanded refunds for customers Teenagers may have paid a higher price for travel from the UK for over a year as airlines did not inform agents of a tax exemption. All......

Govt wisens up, plugs holes in 2nd black money scheme

The PMGKY will not allow declarants to use claims made for refunds for advance taxes paid, tax deducted at source and tax collected under the scheme. Illustration: Uttam Ghosh/Rediff.com. Unlike......

The real story behind delayed tax refunds

Prompt refunds have been made for small amounts. For larger amounts, time has been sought till March 2018 On March 30, 2016, the income-tax (I-T) office reportedly raised an incorrect demand of Rs......

I-T refunds worth Rs 1.22 lakh cr issued in FY'16

In 2015-16, more than 94 per cent of income tax returns were filed online and 4.14 crore returns were processed by the Central Processing Centre. The Income Tax department has issued 2.10 crore......
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GST isn't making things cheaper yet, exports badly hit

Much against the expectations of the government, the Goods and Services Tax (GST) has not had a deflationary effect in the country. Quite the... ...

http://www.catchnews.com/business-economy-news/gst-isn-t-making-things-cheaper-yet-exports-badly-hit-77618.html
Govt extends tax break for industry in hilly states till 2027

Industries in the north eastern and Himalayan states will continue to get tax exemption till March 2027, albeit as refund, says Arun Jaitley. ...

http://www.dnaindia.com/business/report-govt-extends-tax-break-for-industry-in-hilly-states-till-2027-2531933
'Casual Taxpayer' registration goes live on GSTN portal

PTI City: New Delhi GST Network today said it has started the facility for registration of casual taxpayers -- those who conduct businesses... ...

http://www.mydigitalfc.com/my-world/casual-taxpayer-registration-goes-live-gstn-portal
A month later, India Inc's still grappling with GST

Experts said the slowdown could be attributed to adjustments leading to destocking and the offering of discounts by companies as the government... ...

http://www.rediff.com/money/report/a-month-later-india-incs-still-grappling-with-gst/20170810.htm
Direct tax collection up 19% at Rs 1.9 lakh cr

As much as Rs 61,920 crore of tax refunds have been issued during April-July ...

http://www.business-standard.com/article/economy-policy/demonetisation-impact-direct-tax-collection-up-19-at-rs-1-9-lakh-cr-117080901456_1.html

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