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Chidambaram slams government's 'malicious onslaught' as firm linked to son is searched

Officials of the Income Tax department and the Enforcement Directorate on Tuesday conducted searches at “some places” of business associates connected with Congress leader Karti......

Cabinet approves bill on black money

To check black money menace, the Cabinet on Tuesday approved a new bill that would give more powers to the tax department in tracking illicit wealth stashed abroad and provide for strict penal......

Taxman comes knocking at AAP's door over donations

The Income Tax department on Wednesday said it has issued notices to 50 entities in Delhi, which includes the Aam Aadmi Party and Congress, to check alleged tax evasion by fake companies which......

Black money: SC asks Centre to ensure IT probe by March, 2015

The Supreme Court on Wednesday asked the Centre to ensure that the ongoing income tax probe for suspected black money concerning 627 Indians who have accounts in HSBC bank, Geneva, do not get time......

Railways under lens for Rs 300 cr alleged service tax evasion

Asked to share details of income from all its 16 zones, especially through tatkal, ticket cancellation and bed roll charges Indian Railways has come under the scanner of revenue authorities for......

Filing tax returns on time has benefits

You can carry forward losses and revise the returns umpteen times in case of mistakes. With the income tax department allowing ample time for filing returns, many taxpayers take it easy. For the......

Filing Income Tax returns gets more complicated

Those with annual income of more than Rs 50 lakh will have to furnish a lot of additional details Filing income-tax returns is not a pleasant job for most, even for those who have no income to show......

Individual e-filing of I-T returns likely from mid-April

Last year, the e-filing commenced on July 1 as there was delay in finalisation of the ITR forms E-filing of income tax returns for individuals for the assessment year 2016-17 is likely to begin......

Tax department to send notices to 5.8 million

Tax department has identified 5,895,830 non-filers for assessment year 2014-15. Defaulters and non-filers of Income Tax return are facing the heat from the income-tax department, which has sent a......

IT department raids Sajid Nadiadwala's home, office

Producer Sajid Nadiadwala’s home and office in Mumbai were raided by the Income Tax department on the morning of December 8. The raid is expected to continue till Wednesday. According to......
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Only 10 lakh earning over rs 10 lakh a year declare income

NEW DELHI: There are just over 10 lakh income tax assesses in India declaring income in excess of Rs 10 lakh a year, data released by the... ...

http://economictimes.indiatimes.com/wealth/tax/only-10-lakh-earning-over-rs-10-lakh-a-year-declare-income/articleshow/52048345.cms
Govt tells LS

ment on Friday informed the Lok Sabha that action was being taken against all those involved in tax evasion and parking of black money, including... ...

http://www.dailypioneer.com/nation/panama-list-makers-served-notices-govt-tells-ls.html
Delhi transport authority in Sheikh Sarai does not accept Voter-ID or Aadhaar card as proof of nationality

30 April 2016, New Delhi, Moutussi Acharya While the central government has started a major initiative to get the our country's entire 100... ...

http://www.millenniumpost.in/NewsContent.aspx?NID=267412
40 firms tied to Mallya under lens

NEW DELHI: Tightening the noose around Vijay Mallya, the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) are looking at... ...

http://timesofindia.indiatimes.com/india/40-firms-tied-to-Mallya-under-lens/articleshow/52048282.cms
Only 18,358 individual taxpayers declared income of over Rs 1 cr in FY12

Only 0.06 per cent of the total individual tax assessees fall in the 'super rich' category, with annual salary of Rs 1 crore or more and could be... ...

http://smartinvestor.business-standard.com/market/Marketnews-381224-Marketnewsdet-Only_18_358_individual_taxpayers_declared_income_of_over_Rs_1_cr_in_FY12.htm

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