https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Fri, 07 Jul 2023 14:07:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2023/07/07/cbdt-to-keep-close-tabs-on-ivf-clinics-hotels-others-to-add-new-filers/ Fri, 07 Jul 2023 14:07:51 +0000 https://thenfapost.com/?p=283098 According to the I-T department, there is inadequate matching of transactions with the returns filed by individuals New Delhi, NFAPost: The Central Board of Direct Taxes (CBDT) is aiming at a rise of 10 per cent in new filers and decided to keep close tabs on transactions done at in-vitro fertilisation (IVF) clinics, medical colleges […]]]> https://thenfapost.com/2023/05/30/investment-from-mauritius-singapore-in-startups-will-attract-angel-tax/ Tue, 30 May 2023 01:47:33 +0000 https://thenfapost.com/?p=270593 CBDT notifies list of 21 nations from where investment will be exempt New Delhi, NFAPost: Investment from countries such as Mauritius, Singapore, and the Netherlands in unlisted Indian start-ups will attract angel tax. The government has notified the list of “specified jurisdictions” featuring 21 nations, including the US, the UK, Australia, and Germany, which will […]]]> https://thenfapost.com/2022/09/04/cbdt-issues-refunds-of-over-rs-1-14-trillion-between-april-to-august/ Sat, 03 Sep 2022 22:41:27 +0000 https://thenfapost.com/?p=195977 It also said that income tax refunds of Rs 61,252 crore have been issued in 19.6 million cases and corporate tax refunds of Rs 53,158 crore have been issued in 146,871 cases New Delhi, NFAPost: The Central Board of Direct Taxes (CBDT) said it has issued refunds of over Rs 1.14 trillion to more than […]]]> https://thenfapost.com/2021/07/07/i-t-department-introduces-a-provision-relating-to-tds-from-july-1-2021-cbdt/ Wed, 07 Jul 2021 04:24:10 +0000 https://www.thenfapost.com/?p=96311 New Delhi, NFAPost: The I-T department has introduced a provision relating to Tax Deducted at Source (TDS) from July 1, 2021, which would be applicable to businesses with a turnover of over Rs 10 crore. Such businesses while making any payments for purchase of goods exceeding Rs 50 lakh in a financial year to a […]]]> https://thenfapost.com/2020/10/24/govt-extends-income-tax-return-filing-deadline-for-fy20/ Sat, 24 Oct 2020 11:17:55 +0000 https://thenfapost.com/?p=19572 Amritsar, NFA Post: The Central government today extended the deadline for filing income-tax returns (ITR) for the 2019-20 financial year by a month till Dec 31, 2020. “The due date for furnishing of Income Tax Returns for the taxpayers [for whom the due date (i.e. before the extension by the said notification) as per the […]]]>