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The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

IT dept releases list of defaulters owing Rs 448 crore

The department advised the defaulters to pay their "tax arrears immediately" in advertisements issued in leading...

18 March 2017 3:40 PM IST

Under the PMGKY after payment of tax, 25 per cent of the unaccounted money will have to be mandatorily parked with the government for 4 years as non-interest bearing deposit.

I-T dept reveals defaulters owing Rs 448 crore

Move part of CBDT adopting strategy of bringing out names of chronic defaulters in public domain.

18 March 2017 2:05 PM IST

The BCTT was introduced in 2005 by the then UPA finance minister P Chidambaram.

Govt denies replacing income tax with BTT

Santosh Kumar Gangwar said There is no tax by the name of BTT in the statute.

17 March 2017 7:22 PM IST

Income Tax department

Income-Tax starts Benami Act crackdown

The I-T department had initiated a nationwide operation to identify suspect bank accounts where huge cash deposits.

31 Jan 2017 5:44 AM IST

People will have to pay 1-2 per cent tax on the amount credited or deposited in their bank accounts.

Will banking transaction tax be next?

RSS mouthpiece Organiser credited the think-tank for being instrumental in the demonetisation initiative by the...

18 Nov 2016 3:59 AM IST

BJP seeks derecognition of AAP

According to Tiwari, since the formation of AAP Kejriwal tried to show that his party is better than other parties in...

10 May 2017 5:34 AM IST

Former finance minister P. Chidambaram outside the Karnataka high court in Bengaluru. (Photo: PTI)

Govt targeting my son to silence my voice, says Chidambaram

Goyal rejects ex-minister charge that he was pulled up for his articles.

17 May 2017 1:21 AM IST

Finance Minister Arun Jaitley

Arun Jaitley launches Operation Clean Money website

Details of raids by I-T dept will be put online and govt will rate defaulters from high to low risk.

16 May 2017 6:15 PM IST

Attorney General Mukul Rohatgi informed the apex court that Aadhaar is unique and could not be duplicated. (Photo: PTI)

People worried about Aadhaar data

The government is swearing by the utility value of Aadhaar as one of the most effective tools of checking tax evasion...

15 May 2017 4:48 AM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Filing I-T returns: a step-by-step guide to fill ITR-1 Sahaj form

ITR-1 Sahaj form is a simple, seven-structure form for individuals earning up to Rs 50 lakh.

6 July 2017 1:55 PM IST

The scheme seeks to provide certainty to taxpayers in the domain of transfer pricing by specifying the methods of pricing and setting the prices of international transactions in advance.

CBDT panel to check absconding I-T dept officers

A three-member committee will carry out a 'one-time count' of all officers working in tax department.

24 March 2017 11:21 AM IST

The actor was last seen in the ironically named Raees.

Shah Rukh Khan wins tax case on Kaun Banega Crorepati income

Shah Rukh Khan has consistently been among the highest tax payers of the country.

22 March 2017 8:35 PM IST