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Govt extends deadline for making payment under Vivad Se Vishwas scheme till June 30


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Govt extends deadline for making payment under Vivad Se Vishwas scheme till June 30
The government on Saturday extended the deadline for making payment under the direct tax dispute resolution scheme Vivad Se Vishwas by two months till June 30 due to a severe COVID pandemic.
Also, it has extended the due date for issuance of notice for reopening of assessment by tax officers where income has escaped assessment and sending intimation of processing of Equalisation Levy till June 30.
It has also been decided that time for payment of amount payable under the Direct Tax Vivad se Vishwas Act, 2020, without an additional amount, shall be further extended to 30th June 2021, Central Board of Direct Taxes (CBDT) said in a statement.  ....

Image Source , Vivad Se Vishwas , Equalisation Levy , Direct Tax Vivad , Vishwas Act , Direct Taxes , Vivad Se Vishwas Scheme , Ivad Se Vishwas Scheme Payment , படம் மூல , விவாத் சே விஸ்வாஸ் , நேரடி வரி விவாத் , விஸ்வாஸ் நாடகம் , நேரடி வரி , விவாத் சே விஸ்வாஸ் திட்டம் ,

Net direct tax receipts rise 5%


Net direct tax receipts rise 5%
Updated:
Updated:
FY21 collections exceed estimates at ₹9.45 lakh cr.; ‘fiscal deficit may be lower’
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FY21 collections exceed estimates at ₹9.45 lakh cr.; ‘fiscal deficit may be lower’
India’s net direct tax collections for the pandemic-hit financial year 2020-21 grew by almost 5% year-on-year to ₹9.45 lakh crore, exceeding the revised estimates of ₹9.05 lakh crore presented in the Union Budget and reflecting a gradual economic recovery in recent months.
Tax experts said that the Vivad Se Vishwas Scheme to settle pending tax disputes also helped bolster the collections, with net Corporation tax collections for the year at ₹4.57 lakh crore. ....

Samir Kanabar , Ministry On , Union Budget , Vivad Se Vishwas Scheme , Securities Transaction Tax , Finance Ministry , Advance Tax , Devendra Pant , India Ratings , சமீர் கனபார் , அமைச்சகம் ஆன் , தொழிற்சங்கம் பட்ஜெட் , விவாத் சே விஸ்வாஸ் திட்டம் , பத்திரங்கள் பரிவர்த்தனை வரி , நிதி அமைச்சகம் , தேவேந்திரா பாண்ட் , இந்தியா ரேடிஂக்ஸ் ,