« General » Open DEMAT Account in 24 hrs  Won case against income tax department but still waiting for benefit? No more delay after an update in ITR portal  Income Tax Department regrets issuing erroneous notices to taxpayers: Know the details  Income Tax Return: Miss THIS ITR filing deadline and you will be fined Rs 10000  Tax contribution of petroleum sector set to drop rapidly in FY 2024-25  Missed reporting foreign assets in ITR? File revised return to avoid Rs 10 lakh penalty  Tax regime shift: Is filing ITR under old regime still valid after default new regime?  Income Tax Department Targets Bogus Refund Claims, Issues Notices To Taxpayers  IT firms bullish on higher spending due to tax cuts  How to calculate capital gains tax on sale of land?  Don't fall for fake notices! How to verify your income tax communication  I decided to shift to the new tax regime. Will I lose benefit on interest income of my PPF account? «  Goods and services tax put off ... Discretionary powers of I-T authorities... » Textile min says to seek tax cuts June, 12th 2009 India will try to reduce taxes and interest rates for the textile industry to provide relief for the embattled sector, the federal textiles minister said on Friday. "As part of a short term strategy, the government will strive to rationalise fiscal structure, exempt service tax, reduce interest rates on pre- and post-shipment credit and facilitate faster clearance of arrears on terminal excise duties and central sales tax," Dayanidhi Maran told an industry conference. India's overseas textile sales, about 13 percent of all exports, have been hit by declining demand from key markets like the United States and Europe, as well as a firming rupee.