Mishra said that the court has fixed July 7 for the next hearing.
In June last year, the government had said that PAN has to be linked with the biometric ID by March 31.
Taking advantage of the RBI's different accounting year, the Centre had started demanding an interim dividend till the time the latter's final balance sheet is prepared (usually in August). To address this anomaly, an expert committee led by former RBI governor Bimal Jalan had recommended aligning the RBI's financial year with that of the government.
"Don't mess up with the education system", the Supreme Court said on Thursday while refusing to direct the Central Board of Secondary Education and the Council for the Indian School Certificate Examinations to provide option of hybrid mode, instead of only offline mode, to the students for appearing in class 10 and 12 board examinations amid the COVID-19 pandemic.
Pawar had told the media on the day of the raids that the tax searches were also carried out at the premises of his three sisters, one living in Kolhapur district and two in Pune district of Maharashtra.
President Ram Nath Kovind on Monday appointed Chandra as 24th CEC on Monday.
Sisodia had sought bail to attend to his ailing wife.
The quizzing of the 48-year-old daughter-in-law of superstar Amitabh Bachchan and Samajwadi Party MP Jaya Bachchan comes weeks after her husband Abhishek Bachchan was questioned by the agency in another case emerging from the same set of papers linked to the offshore leaks case, they said.
The sustainable impact of this process is under scrutiny, Tripathi added.
The Central Board of Secondary Education (CBSE) on Thursday notified its policy for evaluation of Class 12 students which will be based on a combination of marks scored in classes 10, 11 and pre-board exams and informed the results will be declared by July 31.
The tax payers whose business receipts exceed Rs 1 crore or professional receipts exceed Rs 25 lakh during the previous year 2015-16 are required to file an Income Tax return accompanied by an audit report by the above mentioned due date
Brokers have requested for a three-month extension from the Securities and Exchange Board of India (Sebi) for the validation of Know Your Client (KYC) records. In a letter to Sebi, industry body -- Association of National Exchanges Members of India (Anmi) -- has cited various issues and concerns raised by its members that have hampered the smooth completion of the validation process within the stipulated timeline. The Sebi circular had given KYC Registration Agencies (KRAs) a timeline of 180 days, ending on April 30, 2023, to validate client KYCs.
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. On August 3, the National Faceless Assessment Centre issued a set of standard operating procedures (SOPs) to address several anomalies in the regime. The faceless centre, constituted by the Central Board of Direct Taxes, is the nodal authority and works as an interface for the faceless regime.
'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'
The regulator may float consultation papers for FPIs and private equity funds and the final decision will be taken after taking into account views of all the stakeholders
The search and survey operation was started at 44 locations in Mumbai and Surat on November 6, on entry providers and beneficiaries who have been engaged in execution of civil contracts mainly in Brihanmumbai Municipal Corporation.
The Central Industrial Security Force (CISF) has prepared a pool of more than 100 personnel to man additional security counters expected to be handed over to it for easing the ongoing congestion at large airports of Delhi and Mumbai, official sources said Wednesday.
The Supreme Court on Monday directed authorities to remove a mosque from the premises of the Allahabad high court within three months, telling the petitioners that opposing the demolition that the structure stood on a terminated lease property and they can't claim it as a matter of right to continue.
The exams were scheduled to be held from May 4.
The government on Tuesday extended till March 15 the deadline for corporate to file Income Tax returns for the fiscal ended March 2021. The deadline to file tax audit report and transfer pricing audit report for 2020-21 fiscal too has been extended till February 15. This is the third extension given to corporate for filing the income tax return for 2020-21 fiscal.
Hasmukh Adhia to present revenue dept's performance over past year & plan for current financial year
Income tax office to remain open on Saturday and Sunday for those who have not yet filed their returns.
There is as yet no clarity on how the process of consulting with the RBI Governor, initiated under Section 7 of the RBI Act, would unfold in the coming days. The government is keen that its suggestions made in the public interest should be heeded by the central bank, says A K Bhattacharya.
President's Rule can be revoked before the six-month period if a situation emerges for formation of a stable government.
Home Minister P Chidambaram has asked the Central Bureau of Investigation and Central Board of Direct Taxes to probe the leakage of the conversations between corporate lobbyist Niira Radia, leading business tycoons and media persons.The tapes, first leaked by a national magazine, have now found their way to several media organisations and journalists.On Monday, the apex court directed the government to probe the leakage of the tape.
Rajasthan Congress leaders Jyoti Mirdha and Sawai Singh Chaudhary switched to the Bharatiya Janata Party in Jaipur on Monday ahead of assembly elections due later this year.
The tax authorities may tell banks and crypto exchanges to report transactions of virtual digital assets (VDAs) as the government begins taxing gains from cryptocurrencies and non-fungible tokens from April 1. So far, the tax department has relied on voluntary disclosures on transactions of VDAs. Once implemented, the sale and purchase of digital assets will reflect in the Annual Information Statement (AIS). The AIS contains details of at least 46 of the financial transactions done by a taxpayer in a financial year.
'We have a plan to plough back a 'This year in the first half we had profits of more than Rs 31,000 crore.' significant amount of profits this financial year.' 'We have seen this organic plough back of profit is one of best ways to support the equity of the bank.'
This is the fourth extension given by the government for taxpayers to file both original and revised ITRs for 2018-19 fiscal.
This is the seventh time that the government has extended the deadline for individuals to link their PAN with Aadhaar.
There can be no communal harmony unless Muslims forgo their claim on Ayodhya, Mathura and Kashi, where there are temple-mosque disputes, Vishwa Hindu Parishad leader Ashok Singhal said today and asked Sunni Central Board and All India Muslim Personal Law Board to take initiative.
'Many non-resident taxpayers faced issues in filing Form 10F since the portal didn't allow those who didn't have PAN to file the form.'
As many as 12,394 complaints of alleged corruption were received against railway employees.
The Central Board of Direct Taxes has asked field officers to augment tax collections by ensuring that sectors growing at faster rates compensate for those growing slower.
Acentral panel directed authorities to ban the plying of 4-wheeled diesel LMVs in Delhi and adjoining NCR districts and the entry of trucks into the capital.
Corp tax arrears at over Rs 3.11 trillion as of Dec 2014.
The Kerala Story is among a long list of films that invited bans and censorship.
Also, a dedicated cell, headed by a member of the Central Board for Direct Taxes (CBDT), will be set up to address concerns faced by start-ups.
The government has tweaked the income tax laws to make it easier for the new owners of loss-making public sector undertakings (PSUs) to carry forward the accumulated losses and set them off against future profits. This will result in significant tax savings for the new owners if they are able to turnaround operations of the ailing PSU within a few years. This will, in turn, boost the post-tax earnings and returns for the new owners.
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