New Delhi, July 25 (IANS) The Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal has highlighted progress in faster return processing, grievance redressal and litigation reduction.At the 167th anniversary of Income Tax Day celebrations here, Agrawal recalled the priorities set out by Union Finance Minister Nirmala Sitharaman during the previous Income Tax Day celebrations and the expectations articulated at the ‘PRARAMBH programme’ earlier this year, and outlined the Department’s pro…
Latest Income Tax Day News & Updates
New Delhi, July 24 (IANS) Union Finance Minister Nirmala Sitharaman on Friday told officials of the Income Tax Department to ensure convenience for honest taxpayers while taking stern action against tax evasion, as certainty in the tax regime is an economic imperative. Addressing the 167th Income Tax Day celebrations here, the Finance Minister urged officials to differentiate between deliberate tax evasion and bonafide errors while dealing with taxpayers.”Tax certainty is one of the strongest fo…