News for 'tax-information-network'

Make Tax Officials Accountable!

'Tax officials view most taxpayers as evaders.' 'The I-T department has a perverse incentive to raise unreasonable demands since the one-fifth tax collected counts towards officials' collection targets,' observes Harsh Roongta.

Govt looks into tax data outsourcing

Verify every return: ICAI

India's TIN to be one of world's best

Finance Minister Jaswant Singh on Wednesday launched a national Tax Information Network, which will be managed by the National Securities Depositories Ltd as part of efforts to streamline the system and check evasion.

Evading tax? FM's out to get you!

Promising a carrot and stick policy, Finance Minister P Chidambaram on Wednesday said taxmen will use annual information report, tax information network and the new bank cash transaction tax to track tax evaders.\n\n

Computerisation will make life less taxing

If life has become a little less taxing, thank the reform measures initiated by Finance Minister Jaswant Singh in tax administration.

C B Bhave: New generation taxman

No I-T returns for salaried class soon

The salaried class might be spared from filing Income-Tax returns from next year provided there was no income from any other source.

Tax-payers to have 'PAN Book' from April

The National Securities Depository Ltd has been asked to start the online PAN Book from April to enable assesses to see their tax filing records on the Internet.

Online tax accounting for firms from June 1

An online tax accounting system for paying taxes will be flagged off on Tuesday, as part of reforms to make the procedures simpler and faster.

You will soon file paperless I-T returns

Paving the way for a low-cost paperless filing of income tax returns and eliminating Tax Deducted at Source frauds, the government on Wednesday gave the go-ahead for setting up of the Phase-II of the Tax Information Network at a cost of over Rs 100 c

FinMin, RBI readies plan to plug tax evasion

The finance ministry and Reserve Bank of India plan to put in place a Tax Information Network proposed by the Kelkar Task Force, in a bid to improve tax administration and check evasion.

E-refund of income tax from April

In a bid to make tax collection paperless and hassle-free, Centre will start E-refund of income tax from April, having put in place E-filing of tax deduction at source and tax information network.

PM received I-T refunds 5 times, Rahul 6 in last 18 yrs

Rahul Gandhi's mother and senior Congress leader Sonia Gandhi has also got at least five refunds since the assessment year 2001-02, but there is no adjustment against any outstanding demand for her in this time period.

How to use your credit card smartly

Avoid getting into a debt trap by using your credit judiciously. Anil Rego explains how

How to raise India's poor tax to GDP ratio

A combination of reduced cash intensity, a focused strategy of tax administration and GST is the way to go, say Sakshi Gupta, Tanvi Garg and Abheek Barua.