Govt looks into tax data outsourcing

The finance ministry is examining the implications of transferring tax data of all assesses to a semi-government organisation for the computerisation of its database.The ministry has set up an......

When your cash is stuck with the I-T people

When Ajay Thakker, a self-employed graphic designer, filed his returns for 2008-2009, his tax deducted at source was Rs 95,000. His actual tax payout worked out to Rs 44,000. This entitled him to a......

And now, introducing the corporate babu

Arun Shah is facing a peculiar problem. His income tax returns have come up for scrutiny, but this time he is finding it difficult to wriggle out of the mess.Surprisingly, the income tax officer......

C B Bhave: New generation taxman

With his closely cropped hair and self-effacing style, the slimly built C B Bhave who still plays tennis four times a week is an unlikely taxman.Yet this chairman and managing director of the......