Tax Deducted At Source

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SC summons CS, fin secretaries of 16 states over pay report non-compliance

The Supreme Court on Thursday summoned the chief secretaries and finance secretaries of 16 states for non-compliance with the Second National Judicial Pay Commission recommendations on the payment......

I-T Goes After Rs 7.7 Trillion Tax Arrears

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved. Illustration: Uttam Ghosh/Rediff.com......

Compensation for land acquired for bullet train project not taxable: HC

The Bombay high court has held that income tax cannot be deducted from an amount given by way of compensation for property the National Hi-Speed Rail Corporation Ltd acquired for the......

No tax deduction at source worries govt

The government is worried because employers are not deducting tax at source, something that has amounted to more than Rs 1,000 crore (Rs 10 billion). The Income-Tax Department has written to more......

'RBI has a tough balancing act to do'

'Inflation is not good for industry. Nor for the economy as a whole.' IMAGE: A farmer sprays pesticide on pea crops at a farm in Devi Das Pura village, Amritsar. Photograph: ANI Photo Harsha......

Budget 2023 wish list: Insurers bat for hike in tax deduction limit

Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing the limit for tax deduction under 80D of the Income Tax Act.......

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......

I-T Sleuths Chasing Rs 16.69 Trillion Tax Arrears

As on April 1, income tax arrears have increased to Rs 43 trillion from Rs 24 trillion on April 1, 2023. Illustration: Uttam Ghosh/Rediff.com The Central Board of Direct Taxes (CBDT),......

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Tax Deducted At Source

News for Tax Deducted At Source

SC summons CS, fin secretaries of 16 states over pay report non-compliance

I-T Goes After Rs 7.7 Trillion Tax Arrears

Compensation for land acquired for bullet train project not taxable: HC

No tax deduction at source worries govt

'RBI has a tough balancing act to do'

Budget 2023 wish list: Insurers bat for hike in tax deduction limit

Make Tax Officials Accountable!

I-T Sleuths Chasing Rs 16.69 Trillion Tax Arrears

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