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Revenue Department
Revenue Department News
Budget 2023
23 Nov 2022
Union Budget 2023: PHDCCI suggests 2-year tax holiday for Covid-hit businesses
Two-year tax holiday for corona pandemic suffers businesses. A delegation of the industry chamber meets Revenue Department for tax exemption. This budget is being presented at a crucial juncture of geo-political uncertainties: PHDCCI
Online betting apps
27 Oct 2022
How offshore online gaming apps are evading taxes, hitting Indian economy
Revenue dept has shared a list of over two dozens offshore online betting apps. Most offshore betting businesses operate from Malta, Curacao, Belize, Gibraltar and Isle of Man that have loose tax regulations. Games of skill are taxed at 18% GST on the platform fee, while games of chance at 28% GST on contest entry amount.
Gujarat
21 Aug 2022
Major reshuffle in Gujarat cabinet, Rajendra Trivedi stripped off Revenue dept
Harsh Rameshkumar Sanghavi has been given the charge of Revenue Ministry as Minister of State (MoS) while Jagdish Ishwar Panchal has been given the charge of Road and Building ministry as Minister of State (MoS).
jammu kashmir news
12 May 2022
Terror Attack in Jammu Kashmir: Terrorists shoot Government employee dead
There has been a terrorist attack in Budgam, Jammu and Kashmir where terrorists shot dead Revenue Department employee Rahul Bhatt.
GST
26 Nov 2021
Use Ola, Uber’s auto booking service? Get ready to pay 5% GST from next year
The Revenue Department through a notification withdrew the GST exemption available to auto-rickshaws. The amendment shall have a direct impact in the case of e-commerce industry players. The new rule will come into effect from January 1, 2022.
Revenue Department
08 Apr 2019
Taxmen to scrutinise mismatch between ITR and service tax returns
Mismatches were also noticed for the financial year 2016-17, for which data is being shared with the field offices.
digital transactions
30 Apr 2018
Do digital transactions and get discount on MRP; govt working on proposal
Businesses, on the other hand, could get a cashback based on the quantum of turnover through the digital mode.
GST
18 Mar 2018
84% of initial GST returns filed for July-Dec don't match with final returns
The revenue department has analysed the GST returns data filed by over 51.96 lakh businesses during July-December, 2017.
Delhi cabinet
20 Jul 2017
Minor reshuffle in Delhi Cabinet, Manish Sisodia gets Tourism Department
Sisodia got the additional charge from Social Welfare Minister Rajendra Pal Gautam, who was handed the additional charge of Registrar of Cooperative Societies.
Revenue Department
14 Jul 2017
No GST on sale of old jewellery, cars by individuals
Revenue department officials said the same principal will apply on sale of old cars or two-wheelers and no GST will be payable even though the supply would be for a consideration.
GST
28 May 2017
Revenue dept sets up twitter handle to answer GST queries
With just over a month left for GST implementation, the revenue department on Sunday started a new twitter handle to answer industry queries related to the new indirect tax regime.
Revenue Department
07 Apr 2017
Tax evasion of more than Rs 1.37 lakh cr detected in last 3 years
The Revenue Department on Friday said it has detected evasion of more than Rs 1.37 lakh crore in both direct and indirect taxes and identified over 1,000 shell companies which indulged in bogus transactions worth Rs 13,300 crore in the last three financial years.
Revenue Department
03 Mar 2017
CBEC asks tax officers to speed up GST migration
The Revenue Department has expressed "serious concern" over delay in migration of excise and service tax assessees to the new GST regime and asked field officers to complete the process by March 31.
Tax returns
12 Feb 2017
Tax officers to file self-appraisal report on e-assessment
Tightening reporting norms, the tax officers have been asked to submit self appraisal reports to the Revenue Department and explain reasons for the "poor performance" in doing e-scrutiny of tax returns.
black money
14 Jul 2016
Govt extends payment date under black money scheme
The government on Thursday extended the deadline for payment of tax and penalty under the black money disclosure scheme and allowed declarants to pay the amount in three installments by September 30 next year.
Duty free shops
06 Jul 2016
Duty free shops to also display price of goods in rupee
Revenue department on Wednesday asked duty free shops at airports to display prices of goods in Indian currency as well as the exchange rate.
Finance Ministry
08 May 2016
Revenue dept taking steps to boost growth, jobs: FinMin
The Finance Ministry Sunday listed out steps taken by the Revenue Department to boost growth and employment by giving relief to small tax payers, businesses and professionals.
Modi government
06 May 2016
Govt orders voluntary retirement for lazy officers
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Narendra Modi
05 May 2016
On PM Narendra Modi's orders, 33 non-performing officials asked to go: Report
The Centre has ordered 33 senior officials of the revenue department to take premature retirement, apparently due to non-performance, as per a media report.
Income Tax
22 Nov 2015
Government to further simplify ITR forms, sets up committee
Government is looking to further simplify Income Tax return forms to help taxpayers fill them without seeking help from experts and the Revenue Department has set up a committee in this regard.
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