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Narendra Modi’s appeal comes in the context of Covid-19, which has entailed a ₹Rs 20 lakh crore economic stimulus and relief package(PTI)

PM Modi launches first taxpayers’ charter

Hindustan Times, New Delhi | By Rajeev Jayaswal, New Delhi
PUBLISHED ON AUG 14, 2020 01:42 AM IST
Taxation reforms in the last six years have been centred on three concepts—seamless, painless and faceless —that have reduced complexities, cut tax rates and litigation, Modi said. He also called for introspection by citizens on the small pool of taxpayers.
Prime Minister Narendra Modi during the launch of 'Transparent Taxation - Honoring The Honest' platform via video conferencing.(PTI)
Prime Minister Narendra Modi during the launch of 'Transparent Taxation - Honoring The Honest' platform via video conferencing.(PTI)

What is ‘faceless’ tax assessment? All you need to know

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Sparshita Saxena
UPDATED ON AUG 13, 2020 03:32 PM IST
Under the system, appeals will be randomly allotted to any officer in the country. The identity of the officer deciding the appeal will remain unknown.
Finance minister Nirmala Sitharaman thanked the PM for agreeing to launch the platform.(REUTERS)
Finance minister Nirmala Sitharaman thanked the PM for agreeing to launch the platform.(REUTERS)

PM Modi to launch platform to honour honest taxpayers

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON AUG 13, 2020 06:07 AM IST
A finance ministry spokesperson said the government has been implementing a series of tax reforms since last year when it had drastically reduced the corporate tax rate for existing and companies taking a hit of Rs 1.45 lakh crore.
This is an opportunity for the taxpayers to regularise their tax returns filed for various past years which had the risk of being considered as non-est for want of verification. (HT Photo)
This is an opportunity for the taxpayers to regularise their tax returns filed for various past years which had the risk of being considered as non-est for want of verification. (HT Photo)

CBDT allows taxpayers to regularise past I-T returns

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON JUL 14, 2020 08:56 PM IST
This one-time relaxation is available to those taxpayers who could not get their tax returns validated from the assessment year 2015-16 to 2019-20, a finance ministry official said.
Union Finance Minister Nirmala Sitharaman, holding a folder containing the Union Budget documents, poses for photographers along with her deputy Anurag Thakur, outside the Ministry of Finance on Saturday.(PTI Photo)
Union Finance Minister Nirmala Sitharaman, holding a folder containing the Union Budget documents, poses for photographers along with her deputy Anurag Thakur, outside the Ministry of Finance on Saturday.(PTI Photo)

Budget 2020: Taxpayers’ charter to help stop harassment at hands of officials

Live Mint | By Gireesh Chandra Prasad
UPDATED ON FEB 02, 2020 01:19 AM IST
Steps will be taken to remove criminal liability for offences under the Income Tax Act, which are civil in nature, Finance minister Nirmala Sitharaman said in her Budget speech.
The income tax department has issued a new calendar for the year 2020(HT Photo)
The income tax department has issued a new calendar for the year 2020(HT Photo)

Income tax department issues new 2020 calendar for taxpayers with all deadlines

Livemint | By Nikhil Agarwal
UPDATED ON JAN 05, 2020 07:17 AM IST
The January month calendar reminds you about the due dates for TCS and TDS deposits for the quarter ending December 31, 2019.
Rs 1-crore firefighting robot used in rescue operations.(HT Photo)
Rs 1-crore firefighting robot used in rescue operations.(HT Photo)

Rs 1-cr robot failed in rescue ops, waste of taxpayers’ money

Mumbai | By HT Correspondent
UPDATED ON JUL 25, 2019 07:10 AM IST
Calling the robot a waste of taxpayers’ money, the corporators have now demanded that the administration give a detailed explanation regarding the basis on which the robot was procured last year.
Budget 2019: Nirmala Sitharaman did not announce any changes to the income tax slabs for the middle class, recalling that tweaks made during the interim budget and earlier had alleviated the tax burden on small and medium income-earners.(REUTERS)
Budget 2019: Nirmala Sitharaman did not announce any changes to the income tax slabs for the middle class, recalling that tweaks made during the interim budget and earlier had alleviated the tax burden on small and medium income-earners.(REUTERS)

Middle class gets a ‘thank you’ from FM, super rich a higher surcharge

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON JUL 05, 2019 03:42 PM IST
Budget 2019: Nirmala Sitharaman said people in the highest income brackets need to contribute more to the nation’s development in view of rising income levels. She has proposed that people who earn over Rs 2 crore should be required to pay higher taxes.
The idea, according to the Survey, is to create exclusive membership of “clubs” that exude not only social status but also honour.(HT Photo)
The idea, according to the Survey, is to create exclusive membership of “clubs” that exude not only social status but also honour.(HT Photo)

Name roads, buildings after highest tax-payers for behavioural change: Economic Survey

Hindustan Times, New Delhi | By Saubhadra Chatterji
UPDATED ON JUL 05, 2019 10:37 AM IST
For example, the top 10 highest tax-payers in a district can be recognized for the contribution they are making to government revenue.
Prime Minister Narendra Modi said the budget will empower the people of the country.(PTI)
Prime Minister Narendra Modi said the budget will empower the people of the country.(PTI)

‘Just a trailer’, says PM Narendra Modi after interim budget’s poll push

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON NOV 04, 2019 03:03 PM IST
Prime Minister Narendra Modi said it is a budget for a new India. He said the budget will benefit small farmers the most. He also said that 12 crore farmers, three crore taxpayers and 30 crore labourers will benefit from the budget.
The Arora family, behind the B&M chain of discount stores, paid 25.6 million pounds towards their 2017-18 tax bill against wealth estimated at 2,300 million pounds.(Twitter/ Simon Arora)
The Arora family, behind the B&M chain of discount stores, paid 25.6 million pounds towards their 2017-18 tax bill against wealth estimated at 2,300 million pounds.(Twitter/ Simon Arora)

Indian-origin British retailer brothers among UK’s top 50 taxpayers: Report

London | By Press Trust of India
UPDATED ON JAN 27, 2019 06:58 PM IST
According to the report, the 50 top taxpayer entries paid nearly 2 billion pounds in UK tax last year. Tax paid overseas was not included in calculations of tax liability and the debut top 50 tax list includes 28 of the 145 billionaires and 18 of the 855 millionaires on last year’s ‘Sunday Times Rich List’.
A cashier checks rupee notes inside a room at a fuel station in Ahmedabad on September 20.(REUTERS)
A cashier checks rupee notes inside a room at a fuel station in Ahmedabad on September 20.(REUTERS)

Average income of salaried, non-salaried, corporate taxpayers rises over last 3 years: CBDT

New Delhi | By Press Trust of India
UPDATED ON OCT 22, 2018 06:14 PM IST
CBDT Chairman Sushil Chandra said that the contribution of direct taxes to the total revenue kitty in the country is the highest and stands at 52 per cent at present.
MS Dhoni reportedly paid Rs 12.17 crore as income tax in 2017-18.(AFP)
MS Dhoni reportedly paid Rs 12.17 crore as income tax in 2017-18.(AFP)

MS Dhoni highest individual taxpayer in Jharkhand for 2017-18

Hindustan Times, New Delhi/Ranchi | By HT Correspondent
UPDATED ON JUL 23, 2018 07:08 PM IST
MS Dhoni became the highest individual taxpayer in Jharkhand for 2017-18 after he was paid Rs 12.17 crore in the financial year.
The finance ministry said GST subsumed over a dozen local levies and transformed India into “one nation, one tax” and binds the country into an economic union.(PTI/Photo for representation)
The finance ministry said GST subsumed over a dozen local levies and transformed India into “one nation, one tax” and binds the country into an economic union.(PTI/Photo for representation)

First year of GST an example of taxpayers’ readiness to partner in tax reform: Finance ministry

New Delhi | By Press Trust of India
PUBLISHED ON JUN 30, 2018 02:25 PM IST
The government will celebrate July 1, 2018, as ‘GST Day’ to mark the first anniversary of the new indirect tax regime.
The new tax code, which will replace the Income Tax Act of 1961, is expected to overhaul the taxation system.(Mint file photo)
The new tax code, which will replace the Income Tax Act of 1961, is expected to overhaul the taxation system.(Mint file photo)

Businesses, small taxpayers to gain from new direct tax code

Livemint, New Delhi | By Gireesh Chandra Prasad and Remya Nair
UPDATED ON MAY 14, 2018 10:25 AM IST
The proposed code, the draft of which will be ready by July, will take forward the unfinished agenda of lowering corporate tax rate to 25% for all businesses.
Union Finance Minister Arun Jaitley flanked by MoS for Finance Shiv Pratap Shukla and Revenue Secretary Hasmukh Adhia at the 26th meeting of the Goods and Services Tax (GST) Council, in New Delhi.(PTI File Photo)
Union Finance Minister Arun Jaitley flanked by MoS for Finance Shiv Pratap Shukla and Revenue Secretary Hasmukh Adhia at the 26th meeting of the Goods and Services Tax (GST) Council, in New Delhi.(PTI File Photo)

GST Council meet today, taxpayers may get simpler return filing forms

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON MAY 04, 2018 10:25 AM IST
The GST Council meeting comes at a time when Goods and Services Tax (GST) collections achieved its record high by exceeding Rs 1 lakh crore milestone in April
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