Income Tax Returns Not Filed In 80,000 Cases Post-Notes Ban, Says Taxman

NEW DELHI: The Income Tax Department is “chasing” 80,000 cases where people have not filed their returns post-demonetisation, despite the taxman sending them notices to do so, a senior official said on Wednesday. After inaugurating a stall of the Income Tax Department at the India International Trade Fair at Pragati Maidan here, Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra said the taxman has also identified nearly 80 lakh people…

November 23, 2018
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Lost Your PAN? Here’s How To Verify PAN Card Number, Basic Details

November 23, 2018

Have you lost your PAN card? The Income Tax Department enables PAN or Permanent Account Number holders to verify their personal identification number online. PAN is a 10-character alphanumeric number issued to income tax assessees, and is used by the taxman to identify them. The user is required to enter details such as name, date of birth and PAN (available with him or her) to verify if the same is valid or not,…

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Petrol prices down by over Rs 8 per litre as of November 23; petrol selling at Rs 78.46 in Chennai today

November 23, 2018

Petrol, diesel prices today: The prices of petrol and diesel were once again slashed by the oil marketing companies (OMCs) on Friday amid in fall in global crude oil prices. In the national capital Delhi, petrol is being sold for Rs 75.57 per litre while diesel at Rs 70.56 per litre, IOCL data showed. In Mumbai, the prices of petrol and diesel are Rs 81.10 per litre and Rs 73.91 per…

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Shutdown of 50% ATMs may cause demonetisation-like chaos as Jan Dhan account holders queue up for cash

November 23, 2018

The closure of half of the 2.38 lakh machines in the country by March 2019 may affect millions of bank account holders under Modi government’s Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme, who withdraw subsidies in form of cash through ATMs, the apex body of the domestic ATM industry said. The shutdown may also lead to a chaos similar to what was witnessed when ATMs were not dispensing cash after…

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