The last date for filing ITR for the last financial year has been extended till 30 September 2021, from 31 July to give taxpayers compliance relief during the Covid pandemic.
Editors Guild of India Friday says the raids, at a time the Pegasus row is happening, raises concerns about press freedoms. Read the full statement here.
The gross collection of direct taxes for this fiscal stood at over Rs 2.16 lakh crore, compared to Rs 1.37 lakh crore in the corresponding period of the preceding year.
The I-T department issued a circular allowing manual filing of Form 15CA/15CB required for foreign remittances with banks till 30 June and advised authorised dealers to accept them.
The existing portal will not be available for a brief period of six days from 1 to 6 June to both the taxpayers as well as Income Tax department officials.
Central PSUs have used the Vivad Se Vishwas scheme to settle relatively larger-sized disputes. But private sector and others have used the scheme to only settle low-value disputes.
Under Modi govt, there are many instances of these central agencies questioning or raiding opposition leaders when it can have political consequences. Later, probes go cold again.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Coaching centres for Army aspirants in Jhunjhunu are shutting down due to plummeting admissions in the face of a lack of job guarantees under Agnipath Scheme.
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