India Tax Payer

India Taxpayer - India's Independent grassroots movement for better services and lower taxes

+91 422 254 0710

India Tax Payer, No.81, West Venkatasamy Road,R S Puram, Coimbatore - 641 002,Tamilnadu.

News

ITP NEWS COVER: ARE OUR DEMAT ACCOUNTS WORKING AS PER OUR EXPECTATIONS?
Published On:16-03-2022

ITP NEWS COVER: ARE OUR DEMAT ACCOUNTS WORKING AS PER OUR EXPECTATIONS?

Know More..

India Tax Payer wishes you a very Happy New Financial Year!
Published On:02-03-2022

India Tax Payer wishes all of its members, taxpayers, and other citizens, a happy New Financial Year!

Know More..

Tax Compliance - On Tax Date Extension
Published On:25-03-2020

PRESS NOTE

Know More..

Comments and Suggestions on Repowering of Wind Turbines.
Published On:17-03-2020

Petition filed under section 62 (1) (a), 63 and 86 (1) (b) of the Electricity Act, 2003

Know More..

Stake holder’s comments on Determination of Captive Status of the Generators.
Published On:17-03-2020

C.M.P. (M.D.) No.5958 and 5959 of 2019 in W.A. (M.D.) No.930 and 931 of 2017 – Comments on the draft filed online.

Know More..

Service tax, GST added to AGR dues
Published On:18-02-2020

Carriers including Bharti Airtel and Vodafone Idea, along with Tata Teleservices, Telenor, Aircel and Reliance Communications, have to pay Rs 1.47 lakh crore to the government at the earliest, after the Supreme Court came down heavily on the companies for not paying by the deadline it had imposed.

Know More..

Alternative Slabs To Take Country Towards A Simplified Income Tax Regime
Published On:17-02-2020

The Budget 2020-21 has introduced more tax slabs and offers higher limits provided the taxpayer is ready to forego all the existing exemptions and deductions.

Know More..

Interest on Delayed GST Payment Will Now be Calculated on Net Tax Liability
Published On:17-02-2020

Businesses, other than those under the composition scheme, registered under goods and services tax (GST) have to file returns (GSTR-1) showing tax liability by 11th of the following month and pay taxes by filing GSTR-3B by 20th.

Know More..

SC stays extension of deadline for filing annual GST returns
Published On:11-02-2020

Annual GST returns

Know More..

Tax dept wants cos to pay GST on non-compete fee
Published On:10-02-2020

Strategic investors and others that have bought businesses and entered into these contracts with the sellers have received notices from the indirect tax department, demanding that they pay goods and services tax at 18% on the non-compete fee.

Know More..

Budget 2020: Tax settlement scheme not open to launderers
Published On:06-02-2020

The scheme won't cover cases related to overseas assets, or prosecutions under PMLA, benami or I-T Act.

Know More..

Govt plans GST lottery offers of Rs 10 lakh-Rs 1 cr for encouraging customers to ask for bills
Published On:05-02-2020

Every bill under GST is supposed to be a price-winning lottery ticket. It will go for a draw and price are so high that people will say that by not saving 28 per cent, I have a chance of winning Rs 1 crore or Rs 10 lakh.

Know More..

GST: CBIC extends GSTR-9 and GSTR-9C filing dates to February 5 and 7
Published On:05-02-2020

This is the second extension in due dates since January 31, 2020

Know More..

Union Budget 2020: Fake invoicing under GST a non-bailable offence
Published On:03-02-2020

Sitharaman announced that the new GST return framework and e-invoicing would be implemented from April 1, to improve compliance and plug the tax revenue leakages

Know More..

GST, VAT collection dips as 6 states' tax revenue till November FY20 falls
Published On:30-01-2020

Tax revenues rose 13.44 per cent for West Bengal

Know More..

Govt stares at tax shortfall of Rs 2 lakh crore
Published On:27-01-2020

The shortfall on the indirect tax side would be at least Rs 50,000 crore by any conservative estimate

Know More..

Five structural changes to make GST simple, stable
Published On:26-01-2020

To start with, we must put the debate on frequent TAX rate changes to rest by bringing in a white paper outlining the rate structure we want over next few years.

Know More..

Our budget suggestions to the Minister
Published On:24-01-2020

Suggestions for the Budget plans of 2020-21

Know More..

GST returns can now be filed in a staggered manner
Published On:24-01-2020

The govt has eased filing of GST returns for taxpayers by allowing them to file in a staggered manner and has provided three dates for different categories of taxpayers.

Know More..

Govt mulls mediation to solve tax issues with companies
Published On:22-01-2020

Mediation will allow taxpayers to get a fix on how much they need to pay and avoid disputes.

Know More..

Govt could be losing 5 tn in GST revenue over defaults, evasion
Published On:22-01-2020

The revenue loss is equivalent to 2.4% of GDP or 40% of the GST collection target

Know More..

Courier companies seek relief on GST E-way bill rule
Published On:20-01-2020

GST Rule 138E, which took effect in November, doesn’t allow an entity that hasn’t filed returns for two straight months to generate an e-waybill.

Know More..

IEA slams India's gas pricing policy, says it reduces incentives for producers to raise supply
Published On:13-01-2020

The country's current practices have reduced incentives for producers to raise supplies

Know More..

GST authorities begin audit exercise: issue show cause notices
Published On:09-01-2020

India Inc is set to face first ever tax audit under the GST regime.

Know More..

Nine-point plan firmed up to plug GST revenue leaks
Published On:08-01-2020

The action plan was finalised after a meeting of state and central GST chief commissioners.

Know More..

ITR filing: 6 key changes in ITR-1 you need to know
Published On:08-01-2020

The income tax department has notified the income tax return (ITR) forms for FY 2019-20 on January 3, 2020.

Know More..

Budget may introduce tax dispute settlement scheme
Published On:06-01-2020

An estimated 500,000 cases have been pending in the courts and quasi-judicial forums for years.

Know More..

PAN-Aadhaar linking deadline extended by 3 months to March 31, 2020
Published On:03-01-2020

If the PAN is not linked with Aadhaar, then your PAN will become inoperative.

Know More..

A strategy for reinvesting taxpayers' funds in the country's domestic assets.
Published On:28-03-2019

Top Level Managers and Mid Level Mangers

Know More..

Direct tax collection bound to miss projected target.
Published On:28-03-2019

CBDT raises alarm as direct tax collection falls short of projected target by 14.9%

Know More..