CBDT Opens One-Time Window For Small Taxpayers To Disclose Undisclosed Foreign Assets

GUWAHATI: The Central Board of Direct Taxes (CBDT) has opened a one-time disclosure window for eligible taxpayers to declare certain undisclosed foreign assets, undisclosed foreign income or undeclared foreign assets and secure immunity from further tax or penalty and prosecution under the Black Money Act, 2015, subject to the conditions of the scheme. The Foreign…

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Assam Exempts Small Tea Growers With Net Annual Agricultural Income Up To ₹10 Lakh From Tax: CM Sarma

GUWAHATI: Assam Chief Minister Himanta Biswa Sarma said small tea growers with net annual agricultural income of up to ₹10 lakh will pay zero agricultural income tax, providing relief to growers across the state. ALSO READ: Census Goes Digital, But Do Guwahatians Know About Self-Enumeration? The decision is part of the government’s efforts to support…

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Assam Clears Self-Certification for Small Industries, Ends Pre-Approval Regime for First Three Years

  GUWAHATI: Small, non-polluting industries in Assam will no longer need to wait for a string of government clearances before commencing operations, under a major ease-of-doing-business reform cleared by the state Cabinet and announced by Chief Minister Himanta Biswa Sarma at a press briefing following the cabinet meeting. ALSO READ: "No Evidence That E20 Damages Engines,"…

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Farmer IDs Introduced For Small Tea Growers Under Assam Registry Portal

GUWAHATI: The Assam government has initiated the rollout of Farmer IDs for small tea growers by including tea and plantation-class land holdings in the farmers' registry portal, a move aimed at improving their access to government schemes and agricultural support. ALSO READ: Six arrested with 198 bottles of codeine syrup in Sonapur Chief Minister Himanta Biswa…

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