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Tag: Tax

6 Results

  • Step up TDS survey ops to boost collections: CBDT to taxman

    Step up TDS survey ops to boost collections: CBDT to taxman

    With the current financial year inching towards closure, CBDT has directed the taxman to step up survey operations to check non-deduction of TDS by firms and employers, especially in cases where such payments have dropped by more than 15 per cent as compared to last time. The Central Board of Direct Taxes (CBDT) recently reviewed...

    February 10, 2017
  • Step up TDS survey ops to boost collections: CBDT to taxman

    Step up TDS survey ops to boost collections: CBDT to taxman

    With the current financial year inching towards closure, CBDT has directed the taxman to step up survey operations to check non-deduction of TDS by firms and employers, especially in cases where such payments have dropped by more than 15 per cent as compared to last time. The Central Board of Direct Taxes (CBDT) recently reviewed...

    February 10, 2017
  • ‘No final decision on taxing cash transactions above Rs.50,000’

    ‘No final decision on taxing cash transactions above Rs.50,000’

    The Finance Ministry on Wednesday clarified that a final call on the recommendations of the panel of Chief Ministers, which includes a tax on cash transactions above Rs.50,000, is yet to be made. "The recommendations of the committee (on digital payments, headed by Andhra Pradesh Chief Minister N. Chandrababu Naidu) will be carefully examined and...

    January 25, 2017
  • Tax cash transactions above Rs 50,000: CMs tell Modi

    Tax cash transactions above Rs 50,000: CMs tell Modi

    The government must tax cash transactions above Rs 50,000, abolish banks' interest on credit card transactions, give tax refund to consumers on digital payments and extend Rs 1,000 subsidy on smart phones to promote a less-cash, digital economy, a panel of Chief Ministers has said in a report. "To curb use of cash for large...

    January 24, 2017
  • Trump warns CEOs of border tax for shifing jobs abroad

    Trump warns CEOs of border tax for shifing jobs abroad

    US President Donald Trump has warned business leaders that he would slap a "substantial border tax" on American firms that set up manufacturing bases abroad while offering to "massively" cut down regulations and taxes to encourage companies to produce products domestically. During a breakfast meeting with America's top 12 business leaders in the White House...

    January 24, 2017
  • Demonetisation is new normal: Jaitley

    Demonetisation is new normal: Jaitley

    Demonetisation is the new normal confronting black money which was a norm in India for seven decades, Union Finance Minister Arun Jaitley said on Friday. “Black money has been a norm in India for seven decades, we want to confront it and create a new normal,” Jaitley said at the Hindustan Times Leadership summit here....

    December 2, 2016

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