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Direct tax collections till Jan 15 rise 18.7%
Wed, Jan 17, 2018
There has been consistent improvement in direct tax collections during the period, says govt
Flipkart relaxes return policy to include refunds on these items
Thu, Apr 27, 2017
E-commerce major, Flipkart on Wednesday modified its returns policy to include refunds on objects that were temporarily restricted from the site. Flipkart had mentioned that ‘All sales were final’ on its returns policy which no longer reflects on its website.
Mumbai's income tax zone misses revenue target of Rs 2.79 trillion in FY17
Mon, Apr 10, 2017
The Income Tax Department of Mumbai has missed the revenue mop-up target of Rs 2.79 trillion for the financial year 2016-17 on account of more refunds given to tax payers.
Direct tax collection records growth of nearly 11% in April-February; indirect tax collection up 22%
Fri, Mar 10, 2017
The Government of India's net refunds of direct tax collection from April to February 2016-17 has risen 10.7% to Rs 6.17 lakh crore as compared to same period last year.
Income Tax Department processes 92% of Income Tax Returns within 60 days
Mon, Feb 13, 2017
The Government of India's Income Tax Department has processed 92% of Income Tax Returns (ITRs) within 60 days for the current financial year 2016-17(FY17).
PayUmoney isn't shutting down; read the full story
Fri, Jan 20, 2017
“ Our communication to consumers has been totally misquoted. We are in process of upgrading wallet backend operations and hence temporarily suspended load functionality only for users to avoid customer service issues. The same will be resumed shortly once backend is upgraded. Users can continue to use all other functions such as purchase, withdraw money etc," Jitendra Gupta, MD, PayUIndia.
Civil Aviation ministry steps in to regulate fare refunds
Sat, Jun 11, 2016
Refunds will also be applicable on all fares, including promotional and special rates.