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Modi govt can't afford to dither on SIT black money recommendations

Sep 04, 2015

Modi govt can't afford to dither on SIT black money recommendations

One also hopes the SIT while being rightly seized of the shenanigans of the big fishes also addresses itself to tax evasion by millions of traders dotting the Indian urban cape. #HowThisWorks #Black money #Enforcement Directorate #Narendra Modi #Participatory notes #SIT #Income tax #Special Investigation Team #Economy #IPL
Angry French farmers stage 1,000-strong tractor protest in Paris

Sep 03, 2015

Angry French farmers stage 1,000-strong tractor protest in Paris

More than 1,000 tractors and a few cows descended on Paris on Thursday in a boisterous protest by farmers who blocked highways to express their anger over falling prices for their goods and high taxes #NewsTracker #European Union #Paris #Tractors #French farmers #French protests #high taxes
Why GST may not be worth the heartburn; govt should hasten slowly on it

Sep 02, 2015

Why GST may not be worth the heartburn; govt should hasten slowly on it

The goods and services tax as it now stands is not quite reform. It may have more heartburn than payoffs for the country. #GDP #InMyOpinion #GST #service tax #VAT #Economy
Missed 31 August returns filing deadline? Now face these consequences

Sep 02, 2015

Missed 31 August returns filing deadline? Now face these consequences

31 August was the deadline to file your income tax returns for Assessment 2015-16. Here are a few things you must know. #Income tax #Money #Personal finance #Income Tax returns
On FII MAT, Jaitley had said India cannot be a tax haven: Here's why he made a U-turn

Sep 02, 2015

On FII MAT, Jaitley had said India cannot be a tax haven: Here's why he made a U-turn

For the uninitiated, it all started with the income tax department issuing tax notices to FIIs in April this financial year. #FIIs #Narendra Modi #ConnectTheDots #Income Tax Department #Arun Jaitley #Retrospective Tax #Minimum Alternate Tax #AP Shah panel #Economy
New revenue secretary bows to sieve out bad elements in tax department

Sep 01, 2015

New revenue secretary bows to sieve out bad elements in tax department

Adhia said top attention would be given to creating transparency in the tax department through the use of information technology. #Economy #NewsTracker #TheySaidIt #Tax #GST #department of financial services #Hasmukh Adhia #Hasmukh Adia
First time ever? Govt asks RBI to reverse Rs 1,274.21 cr I-T deductions of Telangana

Sep 01, 2015

First time ever? Govt asks RBI to reverse Rs 1,274.21 cr I-T deductions of Telangana

A letter has been issued by the Ministry to a Deputy Governor of RBI and Chief Secretary of Government of Telangana in this regard #RBI #Telengana #Income tax deductions
Swiss banks petrified by Modi's black money law, ask customers to comply

Aug 31, 2015

Swiss banks petrified by Modi's black money law, ask customers to comply

The compliance window is likely to witness a huge surge in activity in the one month starting 1 September. #Economy #HowThisWorks #Black money #Swiss Banks #Tax evaders #Income Tax act