Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.
The Punjab & Haryana High Court called the physical withholding of the jewellery belonging to Dillano Luxurious Jewels by the tax authorities "wholly unwarranted".
Rules will apply only to people involved in serious financial irregularities, or those with significant income tax dues pending, according to a change proposed by govt last week.
Congress had filed 3 writ petitions challenging Income Tax dept claim that material on record is sufficient to show ‘escaped’ income of party is upwards of Rs 520 crore.
Newslaundry CEO Abhinandan Sekhri said an I-T team downloaded data from his personal mobile phone, laptop. Newsclick says not the first time it was targeted by agencies.
Modi govt has raised the differential between circle rate and agreement value of residential properties to 20%. But the sop is limited in scope, say developers.
I-T dept will analyse expenditure patterns through collected data to look for evasion. But honest taxpayers won’t be impacted, stresses the government.
What foreign investors need is certainty in tax laws and not a tax-free environment, the former President and finance minister argues to justify his controversial tax decision.
Piyush was about celebration—of life, of people, of stories. He believed that what we create can shape popular culture, can make people feel proud of who they are.
Rosneft, the Russian state-owned oil behemoth, has large interests in India. Reliance has a contract to purchase 500,000 barrels of crude per day from the firm.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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