In a meeting on Thursday evening, the RCom management, led by CEO Punit Garg, requested the bank representatives to release Rs 260 crore it received as I-T refund so that it could repay the dues to Ericsson.
The government had last fiscal exceeded the direct tax collection target set in the Budget.
The bid amount will go towards three charities -- Naandi Foundation, Swades Foundation and PM-CARES -- with Mahindra contributing a matching amount, reports Rajesh Karkera.
Yes, if you are planning to apply for a loan or want to claim refund
The IT department is into computerisation and reform, and we are committed to making the taxpayer's life easy, says Urvashi Saxena, Chief Commissioner of Income Tax, Mumbai.
In a lawsuit filed through national plaintiffs' law firm Lieff Cabraser Heimann & Bernstein, LLP (Lieff Cabraser), Indian national Suraj Kamath on Wednesday charged that Bosch unjustly enriched itself by requiring all of its non-US citizens employees to pay to Bosch federal and state tax refunds the employees had received while working in the US.
In the year-long crackdown on tax evasion, the GST authorities have unearthed over Rs 35,000 crore of tax fraud committed by misuse of input tax credit provision under the Goods and Services Tax (GST) regime. During the 2020-21 financial year, the CGST zones and the Directorate General of GST Intelligence (DGGI) booked about 8,000 cases involving fake ITC of over Rs 35,000 crore, a statement from CBIC said. Under the GST regime, at the time of paying tax on output, entities can reduce the tax they have already paid on inputs.
Zomato executive Pathikrit Saha delivers cancelled food orders to underprivileged and needy kids in and around Kolkata, putting a smile on their faces.
The cruise ship Diamond Princess with 3,711 people on board arrived at the Japanese coast early last week and was quarantined after a passenger who de-boarded last month in Hong Kong was found to be the carrier of the novel virus on the ship.
Cruise ship Diamond Princess, carrying 3,711 people, arrived at the Japanese coast early last week and was quarantined after a passenger who de-boarded last month in Hong Kong was found to be the carrier of the novel virus on the ship. Around 60 people tested positive of the virus on Monday, taking the total number of those infected on the ship to 130.
EPF allows partial withdrawal to meet situations like house construction, medical emergency, and so on.
Last year's Budget had created uncertainty about the quantum of tax to be withheld on dividends paid to non-residents, as the exact tax rate was not specified under section 195.
If the refund is wrongly adjusted against any past tax liability, immediately clarify it online
"These funds have been used to help Pakistan prosecute the war on terror along the Pakistan-Afghan border," Assistant Secretary of State for South and Central Asia Richard Boucher said.
Sahara Counsel told the court that negotiations were underway for selling Sahara Group's offshore properties for raising sufficient fund for Subrata Roy's bail.
Passengers were finding it difficult to reach counters to cancel the reserved tickets within the stipulated time and as a result they are losing money
Ministry will give relief to exporters through a mechanism that will enable a timely refund of credit balance and time-bound refund of additional duty of customs.
I-T dept will soon issue a unique number to address your refunds and grievances. But the traditional route is still better.
Here's how the move will affect the banks' customers.
This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.
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