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.
The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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