Modi’s Tax-GDP woes
A tax compliant society is a vital pillar, upon which a welfare state may be built. For decades Indian governments has faced problems ...
Tag: income tax
Government increases interest on small savings
Government has hiked interest rates on savings deposits, National Savings Certificate (NSC), Public Provident Fund (PPF), Kisan Vikas Patra (KVP), and Sukanya Samriddhi ...
Income tax returns recorded at all time high in the fiscal year 2017-2018
Income tax collection rose by 18 percent in the fiscal year 2017-2018, as a result of the implementation of demonetization and GST. For ...
Income Tax data released, some states clearly outshine the others
The recently released Income Tax data presents some very exciting facts before us. People from the states of Maharashtra and Delhi together pay ...
Shell companies owned by Asaram Bapu face Income Tax investigation
The shell companies owned by Asaram Bapu are facing investigation by the Income Tax department. It has sent notices to Arjun Nav Nirman ...
Vadra’s income tax irregularities come to haunt the Congress again
In a massive development that is going to hurt the Congress, Rahul Gandhi’s brother-in-law Robert Vadra has once again come under the scanner ...
Demonetisation success : Number of income tax filers goes from 6 Million to 10 Million after “notebandhi”
The historic step of demonetisation has helped India in significantly improving its tax base. One of the primary objectives of demonetisation was to ...
Abhishek Manu Singhvi, Sinking in the PNB Scam quicksand
The tables seem to now have turned onto the Congress Party in the PNB Scam. As per the Income Tax department, it has ...
The First Big Impact of Demonetisation, Modi Government has planned a Bad New Year for Tax Evaders
Remember the post-demonetization days when the opposition and the liberal media was shouting on top of their voice that it is a colossal ...
Reading too many DailyO and Quint Articles about IT Amendment? Well, let us take your fears away
If you have been reading DailyO, Quint, India Today, etc., you are in for one hell of a ride. In fact, best fictional ...
From Cash Driven to Cashless Economy: The detailed analysis of Modi’s surgical strike on Black Money
Unprecedented, that’s the word that came to mind, when our Hon. P M Narendra Modi ji announced his surgical strike on Black Money. ...
Pay your taxes now, The Government isn’t in a mood to spare
Taxation is the link between a democratic state and its people. Citizens are obliged to pay their visible and direct contribution to the ...
