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The CBDT notified Finance Minister Nirmala Sitharaman of the development during a review meeting on Tuesday. <br>About 30 million additional peopleu2019s information has been added to the Statement of Financial Transactions (SFT) as a result of the introduction of new data sources. <br>
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HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS FUND RAISING Top Stories JioMart Invites Customers to Get Summer Supplies Delivered to Their Homes FM Sitharaman urges CBDT to prioritize compliance while expanding the taxpayer base Home - Economic - FM Sitharaman urges CBDT to prioritize compliance while expanding the taxpayer base Search here ... Latest Update RECENT POPULA R COMMO N April 26, 2023 FM Sitharaman urges CBDT to prioritize compliance while expanding the taxpayer base Economic April 26, 2023 Mumbai receives the fourth new SBI branch in Bandra April 26, 2023 By Gurpreet Kaur 3 hours ago 0 13 1 minute read Facebook Twitter April 26, 2023 Haqdarshak Secures Funding to Connect Citizens with Welfare Programmes The CBDT noti?ed Finance Minister Nirmala Sitharaman of the development during a review meeting on Tuesday. About 30 million additional people’s information has been added to the Statement of Financial Transactions (SFT) as a result of the introduction of new data sources. April 26, 2023 One of the topics discussed during the review meeting was efforts to broaden the revenue base. The release mentioned that the ?nance minister urged CBDT to step up and intensify its efforts to raise taxpayer understanding and compliance with direct tax legislation and she also made clear that CBDT should ensure prompt and suitable responses to all applications submitted by taxpayers and wished for a fair timetable for the disposition of such cases. 7 Gujarat PSU shares are up 17% in the last week of April A ?nance ministry release shared that, in recent years, there has been a 1,118% increase in the information reported owing to the implementation of new sources of data in SFT, including dividends, securities, interests, mutual funds, and information from GSTN. The income tax division uses SFT to monitor high-value transactions. Most Viewed February 15, 2023 The addition of additional TDS codes has also caused the number of unique deductees to nearly double, from 48 crores in FY 16 to 92 million in FY 22. In the previous eight years, the number of new TDS codes jumped from 36 to 65, which has caused the total reported transactions for the ?scal year 2021–22 to climb to 1.44 billion from the 700 million recorded for the ?scal year 2015–16. Adani Group equities are the Subject of This Week ECONOMIC HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS MARKETS According to the Ministry of Finance, the information was also shared with the FM that the personal income tax to GDP Ratio has been progressively rising from 2.11 in FY15 to 2.94 in FY22. March 3, 2023 VCs’ ?xation with start-ups’ FUND RAISING The minister also looked over the cases of employees and o?cers facing disciplinary action, noting that delays in administrative and procedural processes should be kept to a minimum. Additionally, she instructed CBDT to move swiftly to conclude these processes.
topline, says CEO of Infosys Another topic discussed at the conference was how to handle requests for delay forgiveness and exclusions under certain sections of the Income Tax Act of 1961. January 31, 2023 IHC investment leads Adani Enterprises shares to boost by 5% You can share this post! February 20, 2023 Previous article Mumbai receives the fourth new SBI branch in Bandra Adani Enterprises Shares Must Increase by up to 410% to Reach their 52- week Highs Related Articles ECONOMIC ECONOMIC ECONOMI February 27, 2023 M-cap of the Adani Group falls below the Rs 7 lakh crore threshold March 3, 2023 Govt & the RBI are working hard to… India’s Economy Shows Signs of Resilience, Despite a… Accordin India’s Ec Buy Adani Group Stocks, Advises ICICIdirect April 24, 2023 April 21, 2023 April 20 Leave a Reply Most Reviews Your email address will not be published. Required ?elds are marked * RECENT POPULA R COMMO N Comment * April 26, 2023 FM Sitharaman urges CBDT to prioritize compliance while expanding the taxpayer base April 26, 2023 Name * Email * Mumbai receives the fourth new SBI branch in Bandra POST COMMENT April 26, 2023 Haqdarshak Secures Funding to Connect Citizens with Welfare Programmes HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS FUND RAISING
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