Sahara-Birla diaries case: SC rejects plea for probe against PM Modi

The Supreme Court on Wednesday rejected plea for a court-monitored special investigation team to probe into bribery allegations against Prime Minister Narendra Modi on the basis of documents seized......

Cabinet approves bill on black money

To check black money menace, the Cabinet on Tuesday approved a new bill that would give more powers to the tax department in tracking illicit wealth stashed abroad and provide for strict penal......

'First Congress Candidate To Get Vote From A Thackeray'

While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as......

Why is govt taking pangas with RBI, CBI etc?

Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have......

Finmin against service tax panel

The finance ministry is not in favour of having a settlement commission for service tax. In fact, the ministry is considering winding up the income tax and wealth tax settlement commission and......

Earning Rs 10 cr? Get ready for 35% income tax

The Union Cabinet might pave the way for imposition of a higher tax rate of 35 per cent on the ‘super rich’ -- those with income of more than Rs 10 crore (Rs 100 million) a year -- as......

Taxpayers can file settlement claims till Sep 30

The income tax (I-T) department on Tuesday extended the deadline for filing settlement applications for eligible taxpayers till September 30, as the income tax settlement commission (ITSC) ceased......

Tax evasion to be harder

The Finance Bill, 2007, has proposed tougher measures against tax evasion by tightening penalty provisions and overhauling the income-tax settlement commission procedures. The new measures will......