Taxman

Prime Minister Narendra Modi asks taxmen to be friendly to honest taxpayers

Prime Minister Narendra Modi asked them to ensure that the benefits of the biggest tax reform since independence, GST, reach the common man by way of reduced prices

Demonetisation: Have all old Rs 500, Rs 1,000 bills come back? It’s critical RBI ends surprise now

Income tax returns filing: Do not expect another deadline extension; why you need to file it now

Let’s face it, the Income Tax Department seem to have more teeth now than ever before.

GST from 1 July: Online sellers, e-commerce cos get tax breather for now, but they shouldn't rejoice as yet

Online sellers using the services of portals offering the marketplace model should not rejoice

Linking PAN-Aadhaar seems premature, instead govt could have first increased taxpayer base

The government first ought to have tightened the noose around the business community by using GST as the dragnet

Income tax-related proceedings to be done online, human interface to be minimised

A taxpayer will always have the option of coming out of the e-proceeding system at any point of time and go for the manual mode.

Demonetisation: Why the fate of Narendra Modi’s grand Indian currency show rests with the taxman

The GDP forecasts post the note ban deepens the worry. On Thursday, India ratings said that de-legalisation of currency notes will erase about Rs 1.5 lakh crore from fiscal year 2017 GDP and the growth is likely to fall to a 3-year low.

Govt hints at clipping taxman's discretionary powers, may lower stamp duty on real estate property deals

Panagariya said the government is beefing up enforcement against tax cheats in the real estate sector

Demonetisation: Blackmoney in gold is massive, but I-T clarification remains far from clear

The institution of benami sought to be fought by the recent legislation alas would blossom with vengeance should these mindless limits be notified and cast in stone

Demonetisation impact: The last hurrah of King Cash in real estate

What is clear is that the real estate system is squeezed. In future, the cash element in property will come down.