Tax evaders, BEWARE!The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints. Kindly note this illustration generated using......
Members of opposition parties like the Congress, the Dravida Munnetra Kazhagam and the Trinamool Congress on Saturday opposed in Lok Sabha the setting up of the PM CARES Fund, alleging that it......
‘Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the......
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session. Honourable Members, This joint sitting of......
The finance ministry has initiated an internal survey of the faceless regime to examine its effectiveness.Shrimi Choudhary reports. Illustration: Uttam Ghosh/Rediff.com The department......
The faceless authority has suggested a host of changes in the assessment process following conflicts and practical difficulties raised by taxpayers since the new regime was introduced.......
Some of the proposals include redrafting transfer and placement policy for IRS officers, strengthening the cadre restructuring, rebranding of IRS, robust deputation policy and creation of encadred......
With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.......
Though the system is called faceless, it would have a room for inviting tax payers through video conferencing. IMAGE: Revenue Secretary Dr Ajay Bhushan Pandey (3rd from left) inaugurates the......