Your tax outgo depends on the documentary evidences of income and tax benefits availed
To position Bhubaneswar as a sought after IT destination, Orissa needs to build a world class workforce for IT and BPOs, ensure digital acceleration and focus on upgrading social infrastructure to attract global IT citizens. This was pointed out by Ganesh Natarajan, chairman, NASSCOM at an IT conclave on Destination Bhubaneswar.
Hitting out at Prime Minister for calling note-ban a 'shuddhi yagna', senior Congress leader Prithviraj Chavan said the move is nothing short of an "uncontrolled forest fire" that has claimed several lives and hit the economy.
Here are five things that fraudsters are likely to say or do that should set the alarm bells ringing in your head.
The party insisted that a fair probe was not possible without removal of Madhya Pradesh Chief Minister Shivraj Singh Chouhan and alleged that he had protected the guilty.
Despite the BJP's displeasure over Sasikala's elevation as AIADMK general secretary, the Dravidian party has sent a message to the Modi government that it will not be cowed down, says N Sathiya Moorthy.
Can't believe you can file your income tax return without Form 16? Read this...
The workers who were hired straight out of school as unskilled labourers are now struggling to find alternative employment because they lack skills.
The court will hear Sahara case on July 14.
In a major cash haul, Income Tax officials today seized Rs 13.5 crore during searches at the premises of a gutka manufacturer.
In 2011, the Trinamool manifesto had said, the government would not allow SEZs in West Bengal, to protect multi-crop lands.
A bench headed by Chief Justice H L Dattu agreed to hear the CBI's two petitions on reopening of the court after the Dussehra break.
The Income Tax department is likely to initiate prosecution against close to 300 people whose names have been submitted to the Supreme Court on Wednesday in connection with the probe into alleged black money accounts in HSBC bank in Geneva.
Police seized 100 fake notes of old Rs 500 denomination from Burhanuddin, who first claimed to be a Mumbai resident.
Delhi court to hear Subrata Roy's IT case on June 1.
He also pointed out that the home ministry was neither consulted, nor did it give the necessary security clearance
A random check of the database for India displays about 22 offshore entities, 1,046 officers or individual links, 42 intermediaries and as many as 828 addresses within the country ranging from the tony and posh locations of metropolitan cities like Delhi, Mumbai, Kolkata and Chennai to mofussil locations like that in Haryana's Sirsa, Bihar's Muzaffarpur and Madhya Pradesh's Mandasaur and state capital Bhopal.
Officials said the agency has sought property details on ten serving and retired officials of the ministry of defence and the IAF.
With digital technology, the I-T department's ability to catch tax evaders has increased many times.
Encouragingly, the recovery also appears to be becoming broad-based
There has been a quantum jump in the number of complaints of corruption received by the Central Vigilance Commission last year as against those in 2011.
'Appointed, sponsored and nurtured' by Jayalalithaa, P Rama Mohana Rao is now seen as a man who holds the key to the secrets of ministers and bureaucrats.
FM has asked IT officials to be friendly with tax payers whilst being stern with defaulters.
The Income Tax department is expecting around Rs four crore from the dashing cricketer, who has already paid Rs 73 lakh as advance tax.
Because it's the slowest, clunkiest operating system I have worked on....
The Anil Ambani group has already readied a war chest for the new initiative.
Industry experts say there will be problems, as power supply is a concern for providing uninterrupted service
The income tax department has conducted searches at the office and residential premises owned by cricketer Gautam Gambhir's family in New Delhi for alleged tax evasion. Sleuths of the department conducted raids on Wednesday on at least five premises owned by Gambhir's family, and seized cash, jewellery, share certificates and some incriminating documents.
Indian small and medium enterprises are expected to emerge as major buyers of the information technology products by 2008. According to Joydeep Datta Gupta, executive director of Deloitte & Touche Consulting, any IT-led SME business transformation project could succeed only if the project was sustained.
Google will set up its 20-acre campus in Hyderabad, its first in India.
The rupee appreciated by 0.27 per cent in June against the dollar.
CBDT is the apex policy making body of the IT department.
Wants CBDT to plug loophole in the system.
The information technology sector in West Bengal is likely to see addition of 20,000 jobs in 2008. The state currently has about 300 small to big sized companies and employs 55,000.
The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.
According to a Gartner study, Indian IT services market is likely to grow to USD10 bn by 2011.
Tax sleuths conducted search operations on Thursday on 10 premises of Noida-based Uflex Ltd (formerly Flex Industries), besides telecom equipment maker Himachal Futuristic Communications Ltd for suspected tax evasion.
The IT department of West Bengal is in the process of negotiations with some animation companies to set up an animation park in Kolkata. The state IT department initiative to set up incubation centres in Kolkata, Siliguri and Durgapur aimed to make West Bengal among the top three Indian IT states in revenue terms by 2010.
The Income Tax department should be 'friendly and courteous' towards the tax-payers while recovering levies, Union Finance Minister P Chidambaram said on Friday.
The board of GSM service provider Vodafone-Essar is expected to discuss the income tax issue at its meeting to be held on Friday.
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