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About 93 results for "refund tax"

Taxman Issues 1.62 Crore Refunds Worth Rs 1.42 lakh Crore
One India

Taxman Issues 1.62 Crore Refunds Worth Rs 1.42 lakh Crore

The income tax department has issued refunds to the tune of Rs 1.42 lakh crore so far this fiscal till February 10, 41.5 per cent higher than last year's. The Centralised Processing Centre (CPC) of the tax department has already processed over 4.19 crore ... One India, 1 week ago
Income tax refunds up 42% at Rs 1.42 lakh crore Business Standard, 1 week ago
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Expeditious issue of Refunds is a High Priority for the Central Board of Direct Taxes (CBDT); Over 4.19 crore Income Tax Returns (ITRs) processed and over 1.62 crore refunds issued during the Current Financial Year up to 10th February, 2017.

The Centralised Processing Centre (CPC) of the Income Tax Department (ITD) at Bengluru has already processed over 4.19 crore Income Tax Returns (ITRs) and issued over 1.62 crore refunds during the current financial year up to 10th February, 2017. The amount ...
 PIB1 week ago Central govt award for IT dept for 96% grievance redressal  DNA2 weeks ago

Refunds to be withheld only in doubtful scrutiny cases: CBDT

Elaborating on the Budget provision, CBDT Chairman Sushil Chandra said Income Tax refund will not be withheld simply because the case has been selected for scrutiny.
 DNA2 weeks ago There is inconsistency in filing income tax, says CBDT Chairman  Business Standard2 weeks ago
Rediff.com

Can an NRI claim back excess TDS?

To claim a refund, you need to file your income tax return in India By Research Desk | Feb 6, 2017 When I redeem for SIPs from my ultra short term debt funds, TDS of 30% is applied before the payout. Can I claim for refund as I am an NRI and I don t have any ...
 Value Research Online2 weeks ago Now, file tax returns on time or pay a fee  Business Standard2 weeks ago Govt wisens up, plugs holes in 2nd black money scheme  Rediff.com1 month ago Tax refund to exporters within 7 days under GST: Sitharaman  Prokerala1 month ago
Money Control

Exporters to get tax refund under GST within 7 days

The Department of Revenue has promised to refund tax claims of exporters within seven days under the new GST regime, thus addressing a major concern of the sector, Commerce and Industry Minister Nirmala Sitharaman said on Thursday. The minister also said that ...
 Deccan Herald1 month ago Tax refund to exporters under GST within seven days: Com Min  Business Standard1 month ago ‘Tax refund to exporters under GST within seven days’  Business Line1 month ago Finance Ministry report card on GST implementation: All is well  Sify2 months ago

5 Indians charged for fraud in Singapore

Five Indians here were charged with fraudulent Goods and Services Tax (GST) refund claims amounting to 167,253 Singapore dollars ($118,392) for jewellery they didn't buy, the media reported.Karunanithi Saravanan (36), Karunanidhi Rajesh (32), Waithiyalingam ...
 Prokerala3 weeks ago Five Indians charged on GST fraud claims in Singapore  DNA3 weeks ago
Business Standard

FM: Apr-Dec direct tax collections up 12%; indirect tax up 25%

Personal income tax collection up 24.6%; direct tax collected is 65.3 percent of the total budget estimate; refunds during April-December grew 30.5 percent
 Money Control1 month ago Direct tax collections in Apr-Dec up 12 pct; indirect tax up 25 pct, says Jaitley  Business Standard1 month ago Tax collections avert cash crunch blues  Rediff.com2 months ago

CyberTech Systems & Software receives refund of Rs 6.97 crore

From Income Tax Department
 Business Standard2 months ago I-T relief order bodes well for Cyber Tech  Business Line2 months ago
Money Control

CAG pulls up FinMin on interest on refunds with Par nod

Apex auditor CAG today pulled up Finance Ministry for allowing income tax department to incur over Rs 7,700 crore on interest on refunds without authorisation of Parliament during 2015-16. The Constitution of India provides that no money should ...
 Business Standard2 months ago CAG pulls up FinMin for giving Rs 7,700 cr interest on refunds  Deccan Herald2 months ago

Over 1.62 cr refunds issued till February 10: CBDT

Over 4.19 crore income tax returns (ITRs) have been processed and over 1.62 crore refunds issued during the current financial year up to February 10, Central Board of Direct Taxes (CBDT) said on Monday."The Centralised Processing Centre (CPC) of the income ...
 Prokerala1 week ago
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