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Chidambaram sharpens tax axe for the big fish

Finance Minister P Chidambaram is planning to tighten the tax network. There is a plan to revive the large taxpayer units (LTUs) set up by him in 2006. The finance ministry may make it......

Now, 'relationship managers' enter I-T dept

'Happy to help you' may remind you of the famous ad of a private telecom services company, but the Income Tax department is also eager to tell large corporate taxpayers roughly the same thing. So,......

Mumbai sees 60% rise in I-T collection

Back Buoyed by a 60 per cent growth in income tax collection in Mumbai, Finance Minister P Chidambaram on Friday said he expected the country's financial capital to do even better in the next......

Paying taxes to be easy for firms

After a delay of almost a year, the Large Tax Payers' Unit will be functionalin Mumbai from March 28.Large tax payers' unitallows companies to pay all their taxes -- excise duties, service tax and......

Tax paying units in Delhi, Mumbai soon

Large taxpayers unitswould soon be set up in New Delhi and Mumbai, similar to the ones opened in Bangalore and Chennai, Finance Minister P Chidambaram has said.The LTU in Mumbai will come up next......

World Youth Chess: Praggnanandhaa wins penultimate round, set for title

IMAGE: R Praggnanandhaa asserted his supremacy in the Under-18 Open, trudging to a crucial victory against IM Paulius Pultinevicius of Lithuania to take his tally to 8.5 points. Photograph: World......

India ready to defend World Cup, declares Tendulkar

Australia Prime Minister Tony Abbott (second left) and former cricketers Sachin Tendulkar, Adam Gilchrist and Brett Lee with the Cricket World Cup trophy during an event organised by the......

Short wins second straight title

Commonwealth champion Nigel Short of England claimed his second straight title of the year at the Gibeltelecom Masters International Open Chess tournament, which concluded in Gibraltar on Friday.He......

Swati achieves final WGM norm

Swati Ghate achieved her third and final Women Grandmaster norm after defeating Enrique Osuna Vega of Spainafter the ninth and penultimate roundin the Gibetelecom Masters International Open chess......

Harikrishna outsmarts Chanda

Former Commonwealth Champion Pentyala Harikrishna continued his demolition act and outclassed compatriot Grandmaster Sandipan Chanda in the seventh round of the Gibtelecom Masters International......

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