"The underlining theme with which we have been working till now is that we trust the taxpayers and from purely an enforcement agency, we are shifting our focus to being a service-oriented department," says CBDT chairman Pramod Chandra Mody.
The government on Tuesday extended the deadline for filing income tax and GST returns, raised the threshold of default that could trigger insolvency of a company, and waived charges on cash withdrawals from ATMs of other banks as a precursor to a broader stimulus package for the economy distressed by the coronavirus outbreak.
Months after a major row over Yoga Day celebrations, Prime Minister Narendra Modi on Monday said utterance of the word 'Om' can be a reason for controversies in the country, which has seen "ups and downs" in the realm of ideology.
'Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums,' notes S Murlidharan.
Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral free automatic loan for businesses, including MSMEs, to benefit 45 lakh small businesses. Detailing parts of the Rs 20 lakh crore economic stimulus package, she said this loan will have a 4-year tenure and will have 12-month moratorium, she said.
Amid a raging row over chanting 'Bharat Mata Ki Jai', RSS chief Mohan Bhagwat on Monday said nobody needs to be forced to raise it.
The Commission, sources said, will have to decide on who commands the majority in SP before January 17 when the notification for the first phase of assembly polls is issued.
Prime Minister Narendra Modi on Saturday shared dais with NCP leader Sharad Pawar and had lunch with him in Baramati