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Computer Assisted Scrutiny System

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Cargo meant for Pak nuclear programme held in Mumbai

Security agencies at Mumbai's Nhava Sheva port intercepted and seized the consignment of a Karachi-bound ship from China after it was found carrying a dual-use consignment with implications for......

'Modi and Trudeau will sacrifice our dreams'

As India's diplomatic tensions with the Land of the Maple Leaf escalate, so do the anxieties of countless Punjabis. IMAGE: What a difference 5 plus years makes!Prime Minister Narendra D Modi......

Modi gifts green diamond to Jill Biden

Prime Minister Narendra Modi, who is in the United States for a three-day state visit, has gifted an eco-friendly lab-grown 7.5 carat diamond, placed in Kashmir's exquisite Papier mache box, to......

CBI techie arrested for subverting rail ticketing system through illicit software

The CBI said the software enables the user to save all required details to book Tatkal tickets beforehand, which are automatically filled-in the IRCTC portal as soon as Tatkal booking starts and......

2007: Of judicial activism & transparency

With allegations of corruption echoing in the higher echelons of the judiciary, the government for the first time this year sought to draw a legislative line bringing judges within the purview of......

Record Rs 32,000 Crore Seized in Tax Raids

Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones......

30,000 individuals under I-T lens for remitting money abroad

The department apparently suspects the use of shell firms or front entities in some aspects of such remittance. Money might, it suspects, have moved  in some cases from tax-free jurisdictions......

Evading taxes? Here's how you could get caught

Individuals have the freedom to self assess income and pay taxes. That doesn't mean that if you do not declare a particular stream of income to evade taxes, you will go scot free! Tax evasion is an......

Pranab Mukherjee's Interim Budget speech

External Affairs Minister Pranab Mukherjee, who is also managing the finance ministry, presented the Interim Budget for 2009-10 in Parliament on Monday. Following is the text of the entire Budget......

Income-tax return forms: Not so Saral!

The monsoon this year has been no different for the taxpayer with new Income Tax Return forms ('ITR Forms') once again raining on the various categories of taxpayers. These forms are applicable......

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