« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  Returns filed by realty developers under scrutiny... Notice to firms for claiming service tax abatement... » New body to look into gems and jewellery tax structure July, 12th 2006 The finance ministry has set up an expert body, headed by M R Sivaraman, former Revenue Secretary, to look into the potential of the gems and jewellery industry and make recommendations including tax measures to enable the country to become a hub for this sector.    Finance Minister P Chidambaram had announced the setting up of an expert body to examine the tax structure in gems and jewellery in the Budget.    The body will make recommendations for a taxation system based on the best international practices which will facilitate exports, widen the tax base and secure adequate revenues for the government, minimise the scope for evasion, and facilitate voluntary compliance.    It will also give suggestions to make domestic trade more transparent and for development of skills of Indian craftsmen so that the development in domestic trade could be a catalyst for promoting export of gems and jewellery.