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'Come clean before 30 Sept': PM Modi cautions tax evaders on Mann Ki Baat

Jun 26, 2016

'Come clean before 30 Sept': PM Modi cautions tax evaders on Mann Ki Baat

Modi's message is aimed more towards those who thrive on illegal incomes and avoid the tax net, leading happy lives at the expense of national development. #Narendra Modi #ConnectTheDots #Rajiv Gandhi #Tax evasion #Income tax #VP Singh #Mann Ki Baat #capitalist
CBI registers graft cases against 9 I-T officials, chartered accountants

Jun 23, 2016

CBI registers graft cases against 9 I-T officials, chartered accountants

On Wednesday CBI registered a case against nine senior Income Tax officials including Principal Commissioner Income Tax, Delhi S K Mittal and three private persons for allegedly indulging in corrupt practices as it carried out searches at 17 locations across the country. #NewsTracker #CBI #Chennai #Income tax #Principal Commissioner Income Tax
Arun Jaitley warns of action against tax defaulters whose names I-T department makes public

Jun 22, 2016

Arun Jaitley warns of action against tax defaulters whose names I-T department makes public

The Income Tax department regularly comes out with list of tax defaulters with a view to ‘naming and shaming’ them. #NewsTracker #Arun Jaitley #Income tax #PAN #Tax defaulters
Screw tightens on Sanjay Bhandari after I-T department impounds passport

Jun 09, 2016

Screw tightens on Sanjay Bhandari after I-T department impounds passport

Official sources said the travel document of Bhandari has been impounded by the investigating officer of the case under relevant sections of the Passport Act. #Sonia Gandhi #NewsTracker #Ministry of Defence #Income tax #Robert Vadra #British Virgin Islands #Sanjay Bhandari
IT dept notifies forms to declare assets in one-time black money window

Jun 02, 2016

IT dept notifies forms to declare assets in one-time black money window

The scheme was announced by the government with an aim to pump out black money from the domestic economy. #Black money #NewsTracker #Income tax #IT Department
The Aakar Patel column: Don't blame the Indian state for

May 15, 2016

The Aakar Patel column: Don't blame the Indian state for "black" economy, blame yourself

We will continue to have a large 'black' economy, as long as other Indians don't pay tax. Our behaviour has to change if we are to make our country great. #GDP #InMyOpinion #Direct Taxes #Income tax #MIddle Class #Black economy #BRICS countries #Indian Tax Payers #OECD nations
Ultra-rich must declare cost price of expensive assets: CBDT

May 04, 2016

Ultra-rich must declare cost price of expensive assets: CBDT

People with annual income of over Rs 50 lakh will have to disclose the acquisition cost of all the assets like land, building and jewellery in the Income Tax return forms for assessment year 2016-17. #CBDT #Income tax #ITR #Revenue Secretary Hasmukh Adhia #ultra rich people #assessee #disclosure of luxury items
Income from unlisted share sale to be taxed as capital gain

May 03, 2016

Income from unlisted share sale to be taxed as capital gain

Income from sale of unlisted shares would be treated as capital gains and taxed at a lower rate than business income to have a uniform approach and avoid litigations, the Income Tax department has said. #CBDT #Income tax #Capital Gains #sale of unlisted shares