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Friday
December 2019
7:46 PM IST
News Headlines
Mumbai, Kerala play out 1-1 draw in Hero ISL        Have some thoughts for T20 World Cup, will discuss with Kohli and Shastri: Ganguly        RBI keep repo rate unchanged        Saudi Aramco raises USD 25.6 bn in largest-ever IPO        Iran informs UN about determination to continue Ballistic Missile Program        Next Hearings in Trump Impeachment Process Scheduled on Monday - House Judiciary Committee        Burundi: 38 killed in landslide in Cibitoke        Naidu condemns attack on Unnao rape survivor        1984 riots: Javadekar slams Manmohan Singh, says if Rao was so bad, why did you become FM under him?        The Taxation Laws (Amendment) Bill 2019 returned to Lok Sabha        Govt clueless on how to tackle economic slowdown, FM statement on onion shows their mindset: Chidambaram        Rajya Sabha passes bill to amend SPG Act, Shah rejects charge of political vendetta, Cong stages walkout        Kerala shocked by plight of poor mother, six children        Rupee ends steady ahead of RBI policy outcome        HC asks Ker govt to take control of Church        Not difficult working with Sena compared to BJP: Pawar        India conducts fresh night trial of Prithvi-2 missile        Three directors of PMC Bank arrested        Quinta Brunson to star in HBO Max's single-camera comedy        David Kerr to helm 'Joy To The World'        
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Business News
Sitharaman to inaugurate national tax e-assessment centre on Monday
 
New Delhi: Finance Minister Nirmala Sitharaman will on Monday inaugurate the income tax department's national e-assessment centre (NeAC), which will avoid face-to-face interaction between taxpayers and tax officials.

The setting up of NeAC is a step for better taxpayer service, reduction of taxpayer grievances in line with the prime minister's vision of 'Digital India' and promotion of ease of doing business, the finance ministry said in a statement.

"The new initiative shall impart greater efficiency, transparency and accountability in the assessment process. There would be no physical interface between the tax payers and the tax officers," it said.

It added that under the new system, taxpayers will receive notices on their registered e-mails as well as on registered accounts on the web portal www.incometaxindiaefiling.gov.in with real-time alert by way of SMS on their registered mobile number, specifying the issues for which their cases have been selected for scrutiny.

"The replies to the notices can be prepared at ease by the tax payers at their own residence or office and be sent by email to the National e-Assessment Centre by uploading the same on the designated web portal.


RBI keep repo rate unchanged
Saudi Aramco raises USD 25.6 bn in largest-ever IPO
Rupee ends steady ahead of RBI policy outcome
Three directors of PMC Bank arrested
Bharti Airtel shares slip over 1 pc on rating concerns
Govt open to further reforms: Sitharaman
Rupee pares initial losses, settles 8 paise higher at 71.66 a dollar
Tax cut aimed at attracting investment, generating jobs:FM
GST revenue collection crossed Rs 1 lakh cr in November
Enough spectrum available to start 5G services: Prasad
Sensex, Nifty scale fresh closing peaks; Yes Bank rallies over 7 pc
Bharti Airtel stock falls over 4 pc; loses over Rs 10k cr in m-cap
Thomas Cook pares early gains; closes 1.5 pc lower
Investors become richer by Rs 1.81 lakh cr as stocks zoom
Jio says will increase tariffs in next few weeks in compliance with rules
IT companies may shed 30,000-40,000 mid-level staff: Pai
Sensex ends 72 pts lower; Yes Bank drops 4 pc
Vodafone-Idea believes govt won't be in conflict with Supreme Court on telco relief: Brokerages
Govt considering to reintroduce restrictions on royalty payments
Anil Ambani resigns as director of Reliance Communications
KERALA NEWS
Kerala shocked by plight of poor mother, six children
 Thiruvananthapuram: This hapless mother was unable to find food to fill the little stomach of her ch  
Kerala: Youth hurled down by Policeman during vehicle checking, seriously injured
Kerala High Court takes suo moto case against lawyers protested against magistrate
School girl killed of snakebite: Separate demonstrations by YC, SFI turns violent, police resorts to lathicharge
INTERNATIONAL NEWS
Iran informs UN about determination to continue Ballistic Missile Program
 Tehran: Iran informed UN Secretary-General Antonio Guterres about plans to develop its ballistic mis
Next Hearings in Trump Impeachment Process Scheduled on Monday - House Judiciary Committee
Burundi: 38 killed in landslide in Cibitoke
Putin signs off law to label journalists as foreign agents
NATIONAL NEWS
Naidu condemns attack on Unnao rape survivor
 New Delhi: Rajya Sabha chairman and Vice-President Venkaiah Naidu condemned the incident in which a
1984 riots: Javadekar slams Manmohan Singh, says if Rao was so bad, why did you become FM under him?
The Taxation Laws (Amendment) Bill 2019 returned to Lok Sabha
India conducts fresh night trial of Prithvi-2 missile
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