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About 1091 results for "income tax return"

New Income Tax Form on Foreign Travel Disclosure to be Reconsidered: Report

Tax rules for expats could hurt Make in India: Experts

From assessment year 2013-14 (2012-13 fiscal), the Income Tax Department expanded the scope of disclosures to include foreign income as well as trusts set up abroad. (Courtesy: Income Tax Dept) The government's recent steps to check the flow of ... Financial Express, Just now

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Indian taxmen beat the world

On the one hand, the new income tax (I-T) return forms for individuals widen the tax net to pinpoint tax evaders and the source of income; on the other, these make filing returns onerous, with details of foreign travel required. According to the ...
 Business Standard India2 hours ago

After Wide-spread Protests, Government to Review New Tax Forms

NEW DELHI: The new norm for filing income tax returns, which has evoked angry protests, will be reviewed once Finance Minister Arun Jaitley returns from Washington, top officials said here on Saturday. "The finance minister spoke to me from ...
 New Indian Express23 hours ago New tax forms will be reviewed: Gov …  Yahoo! India1 day ago
The Telegraph

Rethink on tax form

The finance ministry today said that the new income tax return form announced yesterday -which seeks a host of information, including details of all bank accounts and trips abroad - will be reconsidered and simplified. "The finance minister has sought views ...
 The Telegraph23 hours ago
One India

Government must not be a tax terrorist: Experts

Even as the central government has decided to review the new norms to file income tax returns barely three days after it was notified, due to widespread angst, experts termed the original proposal nothing but "tax terrorism" unleashed on honest tax ...
 Prokerala14 hours ago
One India

New tax norms target black money but make filing cumbersome: Experts

By Biswajit Choudhury New Delhi, April 18 (IANS) The government may intend to target black money with a new income tax returns form, mandating assessees to disclose their bank accounts and details of foreign visits, but it also makes filing of ...
 Chennai Online1 day ago

BJP welcomes decision to review ITR Forms

The Bharatiya Janata Party (BJP) on Saturday welcomed the government's move to review the new Income Tax Return (ITR) Forms that require disclosure of details regarding the bank accounts and foreign trips undertaken by an individual.BJP spokesperson ...
 Business Standard1 day ago

Income tax identity theft season isn't over yet

The April 15th deadline for the filing of federal income taxes has come and gone, but if you have become a victim of income tax identity theft this tax season, your problems have only just begun. Income tax identity theft occurs when an identity ...
 USA Today1 day ago Cost of high corporate income tax  Financial Express Bangladesh2 days ago Interactive Map: Income Taxes Expected to Add $13B to State Coffers  NJ Spotlight2 days ago After Tax Day, Warner Presses IRS on Identity Theft & Fraudulent Tax Returns  U.S. Senator John Warner2 days ago

Need to give foreign visit details in tax returns

Widening its net to check generation of black money, the Income Tax department has introduced significant changes in the income tax return form starting assessment year 2015-16. Taxpayers will now have to disclose instances of foreign travel, ...
 Indian Express1 day ago

New tax form to seek details of foreign travel, bank A/Cs

NEW DELHI: When you file your tax returns in July, you will have to submit details of any foreign trip that you have undertaken, including the expenses borne by you. The tax authorities have made several additions to the income tax return forms ...
 Times of India1 day ago New income tax forms to seek details of foreign travel, bank A/Cs  Economic Times1 day ago
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