Tax Declarations
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Notice To 15 Madhya Pradesh Lawmakers Over Tax Declaration In Poll Papers
Atleast 15 legislators in Madhya Pradesh have been summoned by the Income Tax Department over discrepancies related to the income and assets declarations made by them in their election affidavits for the 2018 assembly polls.
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Income Tax Declaration To Your Employer: The Changes You Should Be Aware Of
In the beginning of every fiscal year, employees are asked for details like their investment in ELSS, insurance policies, house rent, home loan, education loan etc. by their employer to arrive at the annual tax liability of an employee.
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Mumbai's Rs 2 Lakh Crore Family Admitted They Were A Front, Say Sources
Could the Rs 2 lakh crore income declaration by Mumbai-based family have been a front for certain "big names"? Sources in the income tax department say they are inquiring into the possibility.
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Black Money Tax: Government's New Income Declaration Scheme In 10 Points
With the ban on 500 and 1,000-rupee notes now more than two weeks old, the government has proposed new rules to tax black money that is being unearthed. The bill was submitted on Monday for parliament's review by Finance Minister Arun Jaitley as the government is being attacked by a united opposition over its sudden withdrawal of 86 per cent of the...
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Over Rs 71,000 Crore Disclosed Under Income Declaration Scheme: ICAI
More than Rs 71,000 crore of undisclosed income has been declared under the one-time disclosure window.
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Black Money Disclosure Scheme: Rs 65,000 Crore Declared, Says Arun Jaitley
Finance Minister Arun Jaitley said 64,275 declarants disclosed over Rs 65,000 crore under the black money disclosure scheme.
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Only 14 Lakh Individuals Fell In 30% Tax Bracket In 2012-13
Only 14 lakh individuals out of the 2.89 crore assessees in the country declared an annual income of over Rs 10 lakh, attracting the highest tax bracket of 30 per cent, in assessment year 2012-13.
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Only 1 Per Cent Indians Pay Income Tax, Shows Government Data
Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.
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Treat jet fuel as 'declared goods': Assocham to Govt
The government should help troubled airlines by treating jet fuel as 'declared goods' that will lower local taxes.
-
Notice To 15 Madhya Pradesh Lawmakers Over Tax Declaration In Poll Papers
Atleast 15 legislators in Madhya Pradesh have been summoned by the Income Tax Department over discrepancies related to the income and assets declarations made by them in their election affidavits for the 2018 assembly polls.
-
Income Tax Declaration To Your Employer: The Changes You Should Be Aware Of
In the beginning of every fiscal year, employees are asked for details like their investment in ELSS, insurance policies, house rent, home loan, education loan etc. by their employer to arrive at the annual tax liability of an employee.
-
Mumbai's Rs 2 Lakh Crore Family Admitted They Were A Front, Say Sources
Could the Rs 2 lakh crore income declaration by Mumbai-based family have been a front for certain "big names"? Sources in the income tax department say they are inquiring into the possibility.
-
Black Money Tax: Government's New Income Declaration Scheme In 10 Points
With the ban on 500 and 1,000-rupee notes now more than two weeks old, the government has proposed new rules to tax black money that is being unearthed. The bill was submitted on Monday for parliament's review by Finance Minister Arun Jaitley as the government is being attacked by a united opposition over its sudden withdrawal of 86 per cent of the...
-
Over Rs 71,000 Crore Disclosed Under Income Declaration Scheme: ICAI
More than Rs 71,000 crore of undisclosed income has been declared under the one-time disclosure window.
-
Black Money Disclosure Scheme: Rs 65,000 Crore Declared, Says Arun Jaitley
Finance Minister Arun Jaitley said 64,275 declarants disclosed over Rs 65,000 crore under the black money disclosure scheme.
-
Only 14 Lakh Individuals Fell In 30% Tax Bracket In 2012-13
Only 14 lakh individuals out of the 2.89 crore assessees in the country declared an annual income of over Rs 10 lakh, attracting the highest tax bracket of 30 per cent, in assessment year 2012-13.
-
Only 1 Per Cent Indians Pay Income Tax, Shows Government Data
Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.
-
Treat jet fuel as 'declared goods': Assocham to Govt
The government should help troubled airlines by treating jet fuel as 'declared goods' that will lower local taxes.
