Taxmen

Rise in black money: Taxmen detect over Rs 1 lakh crore of illegal income

Government has detected over Rs 1 lakh crore of undisclosed income in the last financial year, a figure more than double as compared to the search and seizure action undertaken by the Income Tax department during 2012-13 to check black money.<br />

Taxmen reject Nokia's offer to settle tax case for Rs 2,250 cr

The bench listed the matter for December 9 when Nokia has to give details of its assets and liabilities as well as how much tax it has paid here.<br />