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IT attaches Lalu family's suspected benami property in Patna

Friday, April 27, 2018, 11:46 PM

IT attaches Lalu family's suspected benami property in Patna

The Income-Tax department has attached a property worth more than Rs 3 crore near Patna, suspected to be a benami asset held by RJD chief Lalu Prasad's family members who are facing investigation in a land-for-hotels scam. IT department officials have put an attachment notice on the said property in Sheikhpura locality of the state capital.

News

 
SEBI seeks bank details, call records of officials in WhatsApp leak

Thursday, April 19, 2018, 11:46 PM

SEBI seeks bank details, call records of officials in WhatsApp leak

SEBI is planning to seek banking details and call data records of several individuals including senior executives at about a dozen listed blue-chip firms in its probe into the alleged leak of price-sensitive information, including financial results, through WhatsApp. According to top officials, the regulator will take a tough stand on the companies that fail to fix individual responsibility for the alleged leak of price-sensitive information.

News

 
I-T warns salaried against under-reporting income

Wednesday, April 18, 2018, 5:30 PM

I-T warns salaried against under-reporting income

The IT-department has warned salaried taxpayers against under-reporting income or inflating deductions/exemptions while filing ITR. In an advisory uploaded on the e-filing website today, the tax department cautioned salaried taxpayers that such under-reporting / inflating deductions/exemptions is punishable under the IT-Act. This advisory follows recent reports of employees of several well-known companies fraudulently claiming income tax refunds by misreporting income via tax intermediaries.

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Raising goats can help India in doubling farmers income: IFAD

Monday, April 16, 2018, 6:53 PM

Raising goats can help India in doubling farmers income: IFAD

India has the second largest goat population in the world and there is a need to further increase goat production to reduce poverty and achieve the target of doubling farmers income by 2022, the International Fund for Agricultural Development (IFAD) said on Monday. The IFAD is partnering with the government, the Bill and Melinda Gates Foundation and Agri-solutions for this.

News

 
BJP Richest National Party, With Rs.1,034 Cr Declared Income: Report

Wednesday, April 11, 2018, 8:56 AM

BJP Richest National Party, With Rs.1,034 Cr Declared Income: Report

With declared income of over Rs. 1,000 crore, BJP is the richest among the seven national political parties in India, says a report by the Association for Democratic Reforms (ADR), a Delhi-based think tank. The party made an income of Rs. 1,034 crore during 2016-17, which is about two-thirds the earnings of the national seven parties.

Article

 

09 April 2018, Monday

How To Manage Money Without Regular Income?

In today’s World, there’s no job guarantee. You could be out of job, anytime. It’s not just you, it could happen to anyone. You must ...

Article

 

07 April 2018, Saturday

Investors in Bitcoins Face Tax Scare

Many investors around the World invested heavily in Cryptocurrency, especially Bitcoins. India was not far behind, as many citizens invested in Bitcoi ...

Article

 

07 April 2018, Saturday

How To Avoid TDS On Interest Income?

This is a ritual you do every year. You go to the bank and invest your hard earned money, in a fixed deposit. Banks currently offer an interest of 6.5 ...

News

 
HC directs Cognizant to pay 15% of Rs 2,800 cr DDT demand

Wednesday, April 4, 2018, 1:14 AM

HC directs Cognizant to pay 15% of Rs 2,800 cr DDT demand

The Madras High Court today granted interim stay on Income Tax department proceedings against Cognizant, subject to the firm depositing 15 percent of Rs 2,800 crore dividend distribution tax demanded by the department. The company has filed a plea in the court seeking stay of recovery proceedings as the I-T department had frozen some of its bank accounts.

Article

 

03 April 2018, Tuesday

Rules To Borrow Money ?

This is one of the biggest questions today. When should you borrow money? Another bigger question….Is borrowing a good idea? Is it good never t ...

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