I-T Goes After Rs 7.7 Trillion Tax Arrears

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved. Illustration: Uttam Ghosh/Rediff.com......

How BJP hopes to gain by taking Kuldeep Bishnoi into its fold

'Neither the Congress will lose anything nor will the BJP gain anything.' Nitin Kumar reports from Chandigarh. IMAGE: BJP national president JP Nadda congratulates newly joined party leaders......

'Expect all Rs 500 and Rs 1,000 notes to come back into the system'

The economy could return to 8% growth by the end of 2017-2018, Arvind Panagariya, vice-chairman NITI Aayog, tells Business Standard's Indivjal Dhasmana and Sanjeeb Mukherjee.   Economic growth......

Tax notices to employees a 'discrepancy', says TCS

Information technology major Tata Consultancy Services (TCS) on Friday termed the tax demand notices received by several of its employees a “discrepancy,” and the tax department will be......

Beware! IT Sleuths On The Prowl

The suspected undisclosed income in these cases could reach as much as Rs 15,000 crore. Illustration: Dominic Xavier/Rediff.com   The Income Tax department has issued 10,000 reopening notices......

'We Want Chinese Style Growth'

'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.' Illustration: Dominic Xavier/Rediff.com  ......

Income Tax dept begins scrutiny in reassssment cases for AY-2018-19

The income-tax (I-T) department has started scrutinising cases for the assessment year (AY) 2018-19 to determine which of them need to be reopened, a process that might result in a raft of tax......