The plan to exempt small salaried taxpayers from filing returns is likely to be extended to a large majority, both in government and private jobs. This, however, will be done step-by-step. The......
In a significant development towards renegotiation of tax treaty with Mauritius, the Finance Ministry has written to the Ministry of External Affairs to take up the issue of including more areas of......
Finance Minister Pranab Mukherjee has announced number of income taxpayer-friendly steps in the Budget for 2011-12. Chairman of the Central Board of Direct TaxesSudhir Chandra says the idea is to......
With online tax filing catching on over the past couple of years, a number of private websites are offering these services.In financial year 2010-11, a little over nine million people filed their......
Taxmen have seized black money to the tune of a whopping Rs 30,000 crore (Rs 300 billion) in the country in the past two years, said the Central Board of Direct Taxes which is set to get......