While India’s 85% taxpayers continue to flock to the old regime, 15% move to the new regime:…
Clear, India's premier online tax filing platform, has recently released a much-awaited trend report, providing a comprehensive…
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Discounts offered by Swiggy and Zomato to come under Income Tax authority’s probe
Discount coupons given by Zomato and Swiggy would be scrutinised and scanned by the Income Tax authorities under the GST regime…
I-T dept to use Big Data Analytics from April
The Insight Project will feature an integrated information management system, which will harness machine learning to help take the…
Using data analytics, CBDT identifies non-filers through Non-filers Monitoring System
Analysis was carried-out to identify non-filers about whom specific information was available in the database of the Income Tax…
Cabinet sanctions Integrated E-filing & Centralized Processing Centre 2.0
The e-filing and CPC projects have enabled end to end automation of all processes within the department using various innovative…
Sandeep Bandhu, Commissioner of Income Tax, Nagpur | TechSabha
Sandeep Bandhu, Commissioner of Income Tax, Nagpur elaborated on how the increasingly popular Blockchain technology is being…
Income tax returns filing: E-assessments need proper mechanism
By-Shailesh Kumar, Director, Direct Taxation, Nangia & Co LLP
The government has been taking a number of steps for…
Income Tax department uses Big Data to catch evaders post note ban
As the Income Tax Department uses Big Data to catch evaders, it is asking taxpayers to verify online the deposits they made in…
Income Tax dept gets new tech tool to identify, kill duplicate PAN
The Income Tax department, in order to ensure that no entity is able to evade tax by way of holding two PAN cards, has been trying…
Data beyond tax returns: Time to use aggregator platforms to estimate SMEs strength
For small businesses, the tax returns do not reflect a true picture of the business. The income on the statements is mostly…