Ids

IDS Softwares Launches CTI Application For Hospitality Industry

The CTI application is based on a technology that allows interactions on a telephone and a computer to be integrated or co-ordinated.

IDS Softwares Powers Mahindra Homestays With Hospitality Technology

The portal offers an online and multi-currency payment gateway in order to ease financial interactions for tourists around the globe and real-time reservation facility.

IDS Launches Fortune Care For Hopitality Industry

Fortune Care will act as a customer retention tool for hospitality businesses.

Budget may increase income tax exemption limit to Rs 3 lakh from Rs 2.5 lakh, says SBI report

According to SBI's research report Ecowrap, the upcoming budget is likely to see an increase in personal income tax exemption limit, increase in section 80C exemption limit, interest exemption on housing loan and and at least reducing (if not abolishing) the lock in period for bank fixed deposits

Foreign a/c, property, bullion can't be disclosed under PMGKY

Under the Pradhan Mantri Garib Kalyan Yojana, undisclosed income deposited in any bank or post office account can be declared by paying 50 percent of it in taxes and surcharges.

Blackmoney: IDS disclosure figures to be revised lower to Rs 55,000 cr

Hyderabad-based realtor and his associates have defaulted on tax payments after declaring more than Rs 10,000 crore unaccounted income

PAN cards of Mumbai-based family which declared Rs 2 lakh-cr income may have been misused

Officials at the income tax department believe that the PAN card details of the four members of a family in Mumbai which made a declaration of Rs 2 lakh crore under the Income Disclosure Scheme (IDS) might have been misused.

I-T dept rejects fake disclosure of Rs 2 lakh crore under IDS by Mumbai family

The Income Tax department on Monday rejected another fake disclosure totalling Rs 2 lakh crores, by a Mumbai-based family of four, ANI tweeted on Sunday.

Note ban: 50% tax, 4-year lock-in period for unaccounted deposits up to Dec 30 on the cards

A higher 90 percent tax and penalty could be imposed if assessees do not declare the unaccounted cash voluntarily

Undisclosed income now at over Rs 71,000 crore under IDS, says ICAI

The number of assesses who disclosed their assets under the scheme is more than 64,000, says ICAI