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Govt to take action on Shah panel report on MAT soon: finance ministry

Jul 24, 2015

Govt to take action on Shah panel report on MAT soon: finance ministry

The panel, headed by Law Commission chairman AP Shah, included former chief economic advisor Ashok Lahiri and Chartered Accountant Girish Ahuja as other two members. #Economy #finance ministry #Supreme Court #Income Tax Department #Arun Jaitley #Bombay High Court #FII #Minimum Alternate Tax #Shaktikanta Das #Justice AP Shah Committee #Castleton #Ashok Lahiri #Girish Ahuja
Sebi cracks whips on organised syndicates, busts billion-dollar 'tax evasion shops'

Jul 22, 2015

Sebi cracks whips on organised syndicates, busts billion-dollar 'tax evasion shops'

Talking about the menace of money laundering and other market-related manipulations, Sebi chief UK Sinha said the regulator is trying to curb such cases one-by-one very successfully. #Black money #NewsTracker #SEBI #IPO #Income Tax Department #CBDT #UK Sinha #GDR
I-T dept launches e-filing link for declaring illegal assets, black money

Jul 21, 2015

I-T dept launches e-filing link for declaring illegal assets, black money

The Income Tax department has launched a e-filing link on its official website for declaring illegal foreign assets and black money using the one-time compliance window notified recently by government. #Black money #NewsTracker #Income Tax Department #Income tax #illegal assets #tax returns
Decoding tax benefits on interest on Home Loan

Jul 21, 2015

Decoding tax benefits on interest on Home Loan

If you have taken a home loan to buy a house, your interest outgo can help you save on tax. Here's how. #Income tax #Home loan #Section 80 C
Tax returns: Use one-time password to verify and you need not send ITR-V to Bengaluru

Jul 14, 2015

Tax returns: Use one-time password to verify and you need not send ITR-V to Bengaluru

Taxpayers who have internet banking activated can do the e-verification of their ITR #NewsTracker #ITR-V #income tax returns filing #e-verification
Why should our MPs enjoy twin I-T exemptions when they are out of TDS regime?

Jul 06, 2015

Why should our MPs enjoy twin I-T exemptions when they are out of TDS regime?

The Lok Sabha Secretariat at last did a bit of soul searching and said since the parliamentarians arent employees, their salary would be taxable as income from other sources. #Economy #HowThisWorks #Lok Sabha #Salary #Pension #Income tax #MPs #Personal finance #Parliamentarians #Income Tax act
Filing income tax returns? Make sure you don't make these silly mistakes

Jul 02, 2015

Filing income tax returns? Make sure you don't make these silly mistakes

Here's a list of few errors you might make inadvertently. Read on, so you won't make the same. #Income tax #returns #Forms
Income tax returns: Here's a handy chart to find out which form you need to fill

Jun 29, 2015

Income tax returns: Here's a handy chart to find out which form you need to fill

Handy printable chart to know which form you need to fill while filing your Income Tax Returns #Tax #Income #Income Tax returns #New Forms