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Income Tax Department Commissioner D Das

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The raids continue and money keeps spilling out

Demonetisation was aimed at removing black money and corruption, but undisclosed income keeps being unearthed from various parts of the country.  Gujarat The Income Tax department on Thursday......

Will Bihar, Kerala and Tamil Nadu do a U-turn on prohibition?

State after state has imposed an alcohol ban, and has had to retreat, unable to address the financial and administrative fallout.Are we set for more of this cycle, asks Aditi Phadnis. IMAGE: In......

Kolkata is shell companies' favourite address

In Kolkata, there is a community of chartered accountants, and it is easy to find ‘directors’, who for Rs 5,000 will sign anywhere. Kolkata has turned out to be India’s own tax......

Govt directs I-T to keep a close watch on ponzi schemes, bogus IPOs

Government on Monday asked income tax department to take steps to unearth domestic black money while keeping a close watch on ponzi schemes, bogus IPOs and other such illegal means of raising......

Revenue collection expected to exceed target this fiscal: FM

After missing target in the last financial year, the government today exuded confidence that tax collection during the current fiscal would exceed budget estimate of Rs 13.64 lakh crore (Rs 13.64......

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