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Geography is destiny, perhaps

I have been doing a lot of traveling around South India recently, and quite a bit of it by train; I have tasted the varied pleasures of unreserved Second Class as well as those of Chair Car, First......

'Will my wedding gift be taxed?'

'When a gift is received in cash, it is likely to be questioned, and your father may need to explain its source.'Kuldip Kumar answeres taxation questions. Photograph: Kind courtesy Presidio of......

5 key mistakes to avoid while filing I-T returns

Incomes such as dividend, interest on tax-free bonds, eligible gifts etc should also be reported even though they are tax exempt, suggests Sanjay Kumar Singh. Photograph: Kind courtesy, Presidio......

Deductions claimed? Keep documents ready

Employers will now need to furnish detailed break-up of exemptions that an employee has claimed.Tinesh Bhasin reports. Photograph: Kind courtesy Presidio of Monterey/Creative Commons The Central......

Will India shift its financial year?

If the BJP comes to power, sources say it may change the financial year (April-March) to the calendar year (January-December).Shrimi Choudhary reports. Photograph: Kind courtesy Presidio of......

Tax returns go hi-tech

Within the next two years, verification and scrutiny of returns will happen electronically through anonymised back offices manned by tax experts and officials.It will function without any personal......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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