Buying a property at a price lower than the estimated circle rate is set to become a costly affair now. The fine prints of Budget 2013-14 indicate a clear crackdown on tax leakages in property......
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......
The Income Tax Department has saved a potential interest out-go of up to Rs 4,000 crore (Rs 40 billion) by an early pay-out of refunds to tax-payers in the month of April, a top I-T official said......
The Income Tax chief recently made surprise visits to some offices in the department and found to his dismay their poor maintenance and the "indifferent attitude" of senior officers towards their......