Simplified ITR forms to be notified by next week

Last Updated: Friday, May 22, 2015, 15:53

The Finance Ministry will come out with simplified Income Tax Return (ITR) forms by the next week, replacing the controversial ones that have been put on hold.

Company sponsored foreign trip may not need disclosure in revised ITR

Last Updated: Monday, May 18, 2015, 15:48

The Finance Ministry is likely to exempt assesses from sharing details of company sponsored foreign trips in the revised Income Tax Return (ITR) forms.

Govt asks I-T to widen taxpayer base; include 25 lakhs new assesses every month

Last Updated: Tuesday, May 12, 2015, 17:15

Government has embarked on a plan to widen the country's taxpayer base and asked the Income Tax department to bring under its net at least 25 lakh new assesses each month during current financial year.

Govt to modify new income tax return forms

Last Updated: Tuesday, May 12, 2015, 16:11

Government on Tuesday said it has decided to "modify" the new Income Tax Return (ITR) forms in wake of concerns raised over them.

Govt eases procedures for setting up companies

Last Updated: Friday, May 1, 2015, 16:54

The new e-form, available from Friday, can be used instead of separately filling up at least five e-forms by entities seeking to incorporate a company in India.

Govt to soon come out with simplified ITR form: Arun Jaitley

Last Updated: Thursday, April 30, 2015, 17:13

Responding to the Finance Bill debate in Parliament, Jaitley said that the ITR form will be overhauled and the new form will be finalised soon.

New ITR forms: Special team to re-draft format after criticism

Last Updated: Monday, April 27, 2015, 20:47

The new format of Income Tax Return (ITR) forms that was withdrawn by the government in the wake of complaints over providing details of foreign trips and domestic bank accounts is being revised to make it simpler.

Arun Jaitley to meet tax officials again to keep ITR forms simple

Last Updated: Tuesday, April 21, 2015, 22:28

Facing criticism over the new ITR forms that seek details on bank accounts and foreign travel, Finance Minister Arun Jaitley will soon meet tax officials for the second time to make the filing of returns simpler for individual taxpayers.

Govt to review new income tax return forms, make them simple

Last Updated: Saturday, April 18, 2015, 18:51

Government on Saturday announced that new Income Tax Return (ITR) Forms that require disclosure of details regarding bank accounts and foreign trips undertaken by an individual will be reconsidered, a move that comes after criticism from tax experts and others.

New income tax return form to be reconsidered and simplified

Last Updated: Saturday, April 18, 2015, 18:13

The Finance Ministry on Saturday said the new income tax return (ITR) form will be reconsidered and simplified.

Sebi to simplify KYC norms for rural investors

Last Updated: Thursday, December 18, 2014, 21:34

After allowing rural customers to trade in cash up to Rs 20,000 at one time and Rs 50,000 per annum, Sebi is now working on simplifying KYC process for them in a bid to bring more such investors to capital markets.

NSE arm introduces acceptance of FDRs in electronic form

Last Updated: Thursday, December 4, 2014, 20:02

Leading bourse National Stock Exchange's clearing corporation arm has introduced a facility for banks to submit Fixed Deposit Receipt (FDR) issued as collateral in electronic form.