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Income Tax India

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Invest in the poor, tax the rich

Most rich and upper-middle class Indians are greatly under-taxed. Worse, the government annually writes off over Rs 5 lakh crores through exemptions. This practice must be ended if the......

Gadkari's threats: I-T officials want apology, security

Demanding an apology from former Bharatiya Janata Party chief Nitin Gadkari for allegedly threatening Income Tax officials, their apex body on Sunday claimed the remarks were aimed at hindering a......

CIC to seek political parties' income tax details

The Central Information Commission will seek a report from Income Tax department and Directorate of Estate regarding tax exemptions claimed by political parties and their assets to ascertain......

Political parties made Rs 4,662 cr in 7 years!

A major part of the income of India's political parties comes from donations and voluntary contributions. Vicky Nanjappa gives us a break up of how much of the Rs 4,662 crore earned by parties from......

Prominent Indian American doc convicted for tax cheating

A prominent Indian American neurosurgeon, Dr Arvind Ahuja, of Milwaukee, Wisconsin, has been convicted for hiding $8 million (about Rs 44.8 crore) in secret offshore accounts in India, and is......

Infosys to CHALLENGE new tax demand of Rs 577 crore

Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a Rs 577 crore (Rs 5.77 billion) income tax demand raised by Indian authorities earlier this month.The......

Sebi clamps down on another Ponzi scheme

The regulator acted on the basis of a June 2011 complaint from the Office of the Directorate of Income Tax The Securities and Exchange Board of India (Sebi) has passed an order against Basil......

Taxman calls on MS India for understating income

After Nokia and Royal Dutch Shell, the Income Tax department has sent a demand notice to software giant Microsoft's Indian arm, which said it has challenged the same. IT department reportedly......

Vodafone India to invest $1 billion in FY'14

Uncertainty over spectrum and persisting tax issues notwithstanding, telecom major Vodafone India on Wednesday said it remains committed to the Indian telecom market and would invest another $1......

After Nokia India, I-T net may be cast on parent

With the Delhi High Court expected to hear the case of an earlier tax notice of Rs 2,500 crore (Rs 25 on cellphone maker Nokia, the Income Tax department seems to be readying another notice for the......

Mammootty, Mohanlal to settle income tax dues

Malayalam actors Mammootty and Mohanlal, whose premises had been raided by the Income Tax department, have  admitted to having assets beyond their known sources of income. Both actors have agreed......

Special unit to handle BCCI-IPL tax cases

The Income Tax department has created a special audit team to bring together the scattered assessment and investigation proceedings of the BCCI and the IPL spread across the country. Tax......

F1 tax row clouds Indian GP

McLaren team boss Martin Whitmarsh has played down fears that a tax wrangle could jeopardise next month's inaugural Indian Formula One Grand Prix. The Briton, who is chairman of the teams'......
  Videos for Income Tax India
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  People speak for income tax india

  • QNA
amitava duttamajumdar
Q. rate of income-tax is same throughout India,then why Dearness Allowance is not 80% everywhere in India?
Amitava Duttamajumdar:  A.  more

http://qna.rediff.com/questions-and-answers/rate-of-income-tax-is-same-throughout-indiathen-why-dearness/25545145/answers/

syed ilyas
Q. What's the place/ importance of Common Man(Aam Aadmi) in India today ?
Syed Ilyas:  A. it is 90 percent more

http://qna.rediff.com/questions-and-answers/whats-the-place-importance-of-common-manaam-aadmi-in-india-t/25367427/answers/25545180

Lucky
Q. What is idea behind providing higher income tax relaxation for women in India ?
Lucky:  A. to pay Income tax honestly more

http://qna.rediff.com/questions-and-answers/what-is-idea-behind-providing-higher-income-tax-relaxation-f/24937519/answers/25367432

Sharmila Bose
Q. Yashwant Sinha is ex-finance minister is ready to file nomination for the President against Gadgari.. Income Tax investigation just before the Presidential election of BJP is an indicator that Ex-ministers, i.e. Sinha and Pranab of Finance controlling the game plan of BJP election to promote the interest of the Economic Tycoon of India, i.e. Ambani Bros..Your views..
Sharmila Bose:  A. Allowance to cover their expenitures towards beauty parlour, massage centres and cosmetics more

http://qna.rediff.com/questions-and-answers/yashwant-sinha-is-ex-finance-minister-is-ready-to-file-nomin/24909869/answers/24937529

  Web results for Income Tax India
Five things to keep in mind before filing I-T returns this year

Here's what you need to know before filing your income tax returns. ...

http://www.firstpost.com/investing/five-things-to-keep-in-mind-before-filing-i-t-returns-this-year-809029.html
HC

Concerned over the vulnerability of children being exploited through social networking sites, the Delhi high court on Wednesday sought suggestions... ...

http://www.asianage.com/india/protect-kids-web-content-hc-526
Police set to grill BCCI chiefs kin

The Mumbai police crime branch is all set to question Gurunath Meiyappan, son-in-law of Indian cricket board president N. Srinivasan, in connection... ...

http://www.asianage.com/india/police-set-grill-bcci-chief-s-kin-503
EU leaders shine spotlight on Amazon Google over tax policy

European leaders were scheduled to discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit... ...

http://hindustantimes.com.feedsportal.com/c/33818/f/608461/s/2c44891d/l/0L0Shindustantimes0N0Cbusiness0Enews0CWorldEconomy0CEU0Eleaders0Eshine0Espotlight0Eon0EAmazon0EGoogle0Eover0Etax0Epolicy0CArticle10E10A644940Baspx/story01.htm
Healthy Automobile Production in Developing Countries Drives the Automotive Electric Fuel Pumps Market, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Automotive Electric Fuel Pumps markets. Global market for Automotive Electric Fuel... ...

http://www.bizwireexpress.com/showstoryPRWeb.php?storyid=627137

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