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I-T detects Rs 100 crore black money after raids at 50 locations across India

From: Hindustan Times Recommended by: Hindustan times The Income Tax department on Thursday conducted searches at over 50 locations as part of its crackdown against tax evasion to the tune of over Rs 100 crore, its first major action
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I-T notice to 550 people for depositing over Rs 15L, post demonetisation

From: Hindustan Times Recommended by: Hindustan times The Income Tax has served notices to 550 account holders in the state for depositing over Rs 15 lakh in the banks, post demonetisation, a senior official said on Thursday.“These
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Govt says deposits above Rs 2.5 lakh to be taxed: Your 4 questions answered

From: Hindustan Times Recommended by: Hindustan times Cash deposits above Rs 2.5 lakh could attract tax and penalty and authorities might take away 90% of your money if there is an income mismatch, according to a government decision on
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Just 1.4 million Indians pay 80% of income tax

From: www.livemint.com   By: Tadit Kundu Via: twitter.com Just 1.4 million Indians pay 80% of
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Filing of Income Tax Return

As assured I give below some basic information for making filing of income tax returns slightly easy for small sized corporate entities and non- corporate entities falling under the requirements to have their accounts audited under Income
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The Black and White of GST

 GST (Goods and Service Tax) is likely to be one of the landmark initiatives taken by the Indian Government to simplify and unify the indirect taxes regime. The earlier attempt to unify the Sales tax laws throughout the country through the VAT