With Rs 13,000 crore, Hyderabad tops list of black money declarations

Mumbai and Delhi came in next with disclosures worth over Rs 8,000 crore each Hyderabad, Mumbai and Delhi made up for almost half of the more than Rs 65,000 crore worth of black money declarations......

Black money menace: Taxman targets 1 lakh high-value transactions

In the first tranche, CBDT to issue letters to those spending Rs 1 crore (Rs 10 million) a year The Income Tax department has zeroed in on 900,000 high-value spenders and plans to confront them......

GST may hit Centre's revenue by Rs 1.5 lakh crore

If the new regime is introduced in 2017, the govt may lose out on cess, surcharge The Centre may lose over Rs 1.5 lakh crore revenue from cess and surcharge if the goods and services tax (GST) is......

Small tax hikes? Impact is big

  The impact of rising taxes gets even more prominent if you look at the returns on your investments. While your investments are earning you lower returns, the rise in indirect taxes has......