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It will take 346 years for you to match your MP's assets

The average assets of an MP are now 345.8 times that of an annual income of a tax-filing individual, reports Sachin P Mampatta. The gap between members of Parliament (MPs) and their......

PM received I-T refunds 5 times, Rahul 6 in last 18 yrs

Prime Minister Narendra Modi has got income tax refunds at least five times in the last 18 years, while Congress chief Rahul Gandhi has received six refunds during the same period. IMAGE: A worker......

Modi: Pragya an answer to those who called Hindus terrorists

Prime Minister Narendra Modi on Saturday said the recent Income Tax raids on certain politicians were not part of 'political vendetta' and things were happening as per the law. Modi also defended......

IT officer's son, abducted 10 days ago, found murdered

The body of an Income Tax officer's son was found near a lake on Friday, 10 days after he was apparently kidnapped, and police said they have arrested four people including a friend......

SC partially stays law making Aadhaar must for PAN, ITR filing

The Supreme Court on Friday put a partial stay on the implementation of the provisions in the Income Tax Act making Aadhaar number mandatory for allotment of PAN card and filing of income tax......

Deadline to issue Form 16 extended to July 10

However, the extension leaves the salaried taxpayers with a limited time-frame of just 20 days to file their income tax returns. Illustration: Uttam Ghosh/Redif.com The Income Tax department on......

When you should disclose jewelry, cash in your tax returns

Those earning over Rs 50 lakh a year need to disclose all jewellery and cash in their tax returns, says Tinesh Bhasin. There are times when families create unaccounted assets. All gifts on......

Want to invest? Look at NSC

NSC scores high on all three parameters that conservative investors are seeking -- safety, tax-adjusted returns and liquidity, notes Sarbajeet K Sen. Illustration: Uttam Ghosh/Rediff.com With the......

ED summons Chanda Kochhar on May 3

ED orders Chanda Kochhar to appear with asset lists also provide income-tax returns in her individual capacity and of companies if she was a director or held any position. Illustration: Dominic......

Tax dept may pitch for lower I-T target when next govt presents Budget

CBDT feels 30% growth in income-tax not feasible.Dilasha Seth reports.Illustration: Dominic Xavier/Rediff.com The income-tax department will likely pitch for a reduction in the I-T target for the......

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Have You Sold Mutual Fund Units In The Last Financial Year? Here Are the Tax Implications

Posted by Equitymaster Income tax filing deadline is around the corner. Apart from the income you earn from business/profession, one is required to... ...

http://feeds.equitymaster.com/~r/TheOutsideView/~3/CxM8hFLlJ1M/detail.asp

Income Tax Department strikes again in J&K Region

The Income Tax Department conducted search and seizure operations today on a prominent business group based in Srinagar, covering 8 premises in... ...

http://pib.nic.in/newsite/PrintRelease.aspx?relid=190367

Parag Parikh Mutual Fund All Set To Launch Its Second Equity Fund

Posted by Equitymaster It has been reported that PPFAS Mutual Fund has received SEBI's nod and is on a verge of launching a tax saving fund , Parag... ...

http://feeds.equitymaster.com/~r/TheOutsideView/~3/UZqmGvgX7zc/detail.asp

What Dalal Street expects from Modi2

Most brokerages have maintained their Sensex and Nifty targets as they believe there is little room for further re-rating in the backdrop of weak... ...

http://www.rediff.com/money/report/what-dalal-street-expects-from-modi2/20190610.htm

GST collection crosses Rs 1 trillion for third straight month in May

Despite a steady collection rate, the government faces a steep Budget target of Rs 6.1 trillion for CGST for 2019-20. Illustration: Dominic... ...

http://www.rediff.com/money/report/gst-collection-crosses-rs-1-trn-for-3rd-straight-month/20190606.htm

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