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Trump introduces 'Gold Card' for permanent US residency

The Trump administration has launched a premium immigration programme targeting wealthy individuals worldwide, offering permanent residency in the United States through expensive 'Gold Cards' that......

Why rich Indians are planning to move to Greece or Grenada

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then......

3-day survey found many tax-linked irregularities at BBC, says I-T dept

The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign......

HC rejects Gandhis' plea against tax assessment transfer in case linked to arms dealer

The Delhi high court on Friday dismissed petitions by Congress leaders Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra against the income tax department's decision to transfer their......

285 Tweaks Proposed to Income Tax Bill

'The government, if it deems fit, will incorporate the changes in the Bill, take approval from the Cabinet before moving the bill for consideration and passage in the Lok Sabha.' Illustration:......

New I-T rules to be notified by Dec-end

The Income Tax department is working on simplified I-T forms and aims to notify new rules by December-end to give effect to the new I-T Act, which will come into force from April 1 next year, a......

'Smart' database soon to check Income Tax evasion

A new ‘smart and intelligent’ database is being set up in the Income Tax department to help check tax evasion, a ‘menace’ that is ‘spoiling’ compliance culture,......

How Modi's Committee-Led Governance Is Driving Reforms

The change in the government's engagement with the economy's need for reforms is more nuanced than how analysts have so far perceived it, points out A K Bhattacharya. IMAGE: Prime Minister......

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......

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