WGC expects demand to revive in H2 on surplus monsoon rains
Mutual fund houses do have several challenges ahead to win more investors.
Orders for the festive season abroad begin from next month.
Those people without the Aadhaar number have found a loophole in the system
The intelligence wing of Central Board of Excise and Customs has 532 officers and staff, he said, adding, the staff strength of DRI will double when cadre review is completely rolled out.
Even those with a 2G connection can use the platform.
Sibal said the party will certainly move the court if amendments in the Aadhaar Act to be brought after this verdict are not brought in Rajya Sabha for discussion.
Speculation is rife that the Centre can take draconian steps such as mandatory e-passbooks for all real estate holdings and compulsory checking of every single safe deposit vault.
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Currently, there is no standard method for arriving at the value of gold accepted as collateral and valuation is arbitrary and opaque.
The Tax Administration Reform Commission submitted report to Jaitley in June 2014.
A huge cadre restructuring in the I-T department, with the creation of over 20,700 posts recently, has brought about a number of changes in the existing jurisdictions of assessing officers of the department across the country.
The government has also developed a PAN activity monitoring.
Tax wing scanning cash deposits between Rs 5-10 lakh
The department gets data of high-value transactions under the Annual Information Return.
I-T heat on thousands of firms for unusual cash deposits.
Here are some mistakes taxpayers make and how to avoid them...
PAN could be used by the probe agencies.
The government earned Rs 7.42 lakh crore as direct taxes in 2015-16, a 66 per cent increase from Rs 4.45 lakh crore in 2010-11
Good monsoon, farm loan waiver -- the two key reasons behind more customers in jewellery shops
The new office will have its base in the national capital.
About 45 per cent of those who are part of the workforce, or about 207 million, are estimated to be engaged in agriculture and many of them will be outside the income-tax net and hence may not need a PAN. So, what does allotting PAN to 369 million individuals actually mean, wonders A K Bhattacharya.
Finance minister Arun Jaitley had recently sent a delegation to Switzerland and the members had returned with some positive movement.
The government managed to raise revenues by sending notices to high net individuals to did not file I-T returns last year.
"Defaulters are advised to pay tax arrears immediately," said the notice.
The project is expected to be activated by the end of this month.
Cap on bank withdrawals to be reviewed after Dec 30, says finance secy.
The best way to curb gold demand is by reducing black money in circulation.
Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent Account Number (PAN) from the tax department.
The PM aso said said it was unfortunate that the UN was still unable to define terrorism.
Changes in threshold not to have a significant revenue impact, say officials
A downturn in Indian demand could hit global gold prices.
With big data analyses, your investments, spends and big purchases are being tracked more closely now by the income tax department.
It might be a cheaper option, but lack of clarity is choking its growth
In the first tranche, the department will send out letters in 100,000 cases where the money spent is at least Rs 1 crore (Rs 10 million) each a year.
In the era of e-filing, small mistakes lead either to delayed or complete denial of income tax refunds. So, avoid these 5 common mistakes that could lead to delay in refunds.
Fifty-nine per cent of reserved tickets on Indian Railways are now booked online.
As of now, 12 million Indians join the workforce every year.
Grand plan: 10% GDP growth; 175 million jobs; $10-trillion economy
The Income Tax Return Form-1 (Sahaj) will replace the 7-page form, removing a plethora of columns on deductions from income claimed.
Not doing so might mean a penalty, not being able to revise returns or carry forward losses and forfeiture of interest on refund
