Tax Your Brain: Expert speak
May 6, 2013
वीरभद्र की आय कैसे बढ़ गई?
Oct 23, 2012
Tuesday April 30, 2013
In a bid to counter tax evasion, the Finance Ministry is contemplating making it mandatory for individuals and Hindu Undivided Families to report Indian assets and liabilities in income-tax (I-T) return forms.
Reuters | Saturday April 13, 2013
President Barack Obama paid an effective federal tax rate of 18.4 per cent in 2012 and saw income from his best-selling books drop as he ran for re-election, according to his tax returns released by the White House on Friday.
Monday March 25, 2013
Encouraged by positive results, Finance Ministry today said it will continue to send letters to assesses, who do not file income tax return. "We have been sending letters. We are getting results. The number of returns filed are showing an increase. W...
Saturday March 23, 2013
You can also claim tax benefits for insurance premiums, medical expenses, higher education, donations, disability, etc.
Sunday March 17, 2013
Tax evaders beware! Old cases are being dug up and pending investigations expedited by issuing demand notices to defaulters. As the current fiscal year draws to a close, tax evasion is being tackled head on to meet the indirect tax collection target ...
Friday March 15, 2013
New forms for filing of income tax returns for the assessment year 2013-14 are proposed to be notified by the end of this month.
Sapna Das | Tuesday March 5, 2013
In an attempt to widen the use of technology for taxpayers, this year's Budget has made e-returns mandatory for taxpayers with an annual income of Rs 5 lakh or more.
Tuesday March 5, 2013
The letters will be converted into notices should the assessees not respond, Revenue Secretary Sumit Bose said at an event organized by Ficci.
Friday February 22, 2013
Once all the formalities are completed, we think only a little about tax refunds. Tax refunds are something only few of us get while most of us don't. So, it's essential to learn well about tax refunds.
Thursday February 7, 2013
Tax evasion, an illegal activity, entails not filing income tax returns altogether or misrepresenting the amount taxable. It is different from tax avoidance, which is a legal activity. In tax avoidance, tax laws help reduce the amount payable as tax.
Thursday February 7, 2013
Even though tax has been deduced and there is no other source of income, or liability to pay tax, employees have to file income tax returns.
Edited by Prasad Sanyal | Tuesday October 23, 2012
The BJP has accused former union minister Virbhadra Singh of corruption, forgery, money laundering and faking income tax records, after reports of unaccounted money in his income tax returns and the affidavit of assets he has filed for the Himachal ...
Press Trust of India | Monday September 10, 2012
Political parties in India have amassed a staggering Rs 4,662 crore through donation and other sources since 2004, with the ruling Congress at the top with an income of Rs 2,008 crore followed by BJP at Rs 994 crore, claimed two NGOs today.
Tuesday July 31, 2012
The Central Board of Direct Taxes (CBDT) on Tuesday extended the deadline for filing income tax returns for assessment year 2012-13 by a month to August 31.
Thursday July 26, 2012
It’s that time of the year when employees across the country grapple with filing their taxes. Here's a quick guide to deciphering your Form 16 and 16(A).