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The Haj subsidy was modified in 1973, when the Indian government abolished sea travel as a means of making the Haj for two reasons - rising oil prices after formation of OPEC, and a ship accident that killed 39 pilgrims in June 1973 during the government-managed Haj trip. [14] The government of India replaced the means of travel to Saudi Arabia ...
Committee organizes training programs, manages the submission of documents, and facilitates the departure of pilgrims from Delhi for Haj. The committee plays a crucial role in coordinating with the Ministry of Minority Affairs and the Consulate General of India in Jeddah to ensure a smooth and organized pilgrimage experience for the pilgrims.
The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of the Republic of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT
It was established under Haj Committee Act in 2002. [3] The committee acts as a nodal agency for state Haj committees and has 23 members, of which six are elected by state Haj committees, four are ex-official, three are MPs , seven are nominated by the central government and the rest come from the state which sends the largest number of ...
Union Government sets up Arbind Modi-led panel to overhaul, simplify income tax laws. On 22 November 2017, the government formed a task force to draft a new direct tax law to replace the existing Income Tax Act, which has been in force since 1961. Arbind Modi, Member, Central Board of Direct Taxes (CBDT), will lead a six-member panel.
The New Tax Regime is a scheme of Income tax in India first proposed in Union Budget 2020–21. [1] Subsequent Budget of FY2021-22 did not see any major announcements in this regime. [ 2 ] During the Budget 2022–23, reports emerged that New Tax Regime was getting poor response [ 3 ] and Government is considering to make it more attractive ...
The tax is collected by the Income Tax Department for the central government. Farmers - who constitute 70% of the Indian workforce - are generally excluded from paying income tax in India. Income tax returns are due in India generally on 31 July, 30 September or 30 November, depending on the category of taxpayer.
The Central Board of Direct Taxes (CBDT) is a statutory body under the Department of Revenue, Ministry of Finance, Government of India. It oversees the administration of direct taxes, including income tax and corporate tax, through the Income Tax Department. The CBDT was constituted in 1964 under the Central Board of Revenue Act, 1963.