Income Tax

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Understanding basics of filing tax returns

Income-tax returns is one of the most important documents for an earning person.

However, the filing can be a tedious task. There are numerous forms and documents that need to be filled and compiled

I-T search premises of TDP leader

Income Tax Department officials on Friday conducted searches in the office and residence of TDP MP Nama Nageswara Rao.

Mediclaim for parents can earn tax deduction

A sailor, who has an NRI status, gets his monthly salary in US dollars, remitted by his foreign employer via TT transfer to his NRE account. He gets his monthly salary throughout the year even during

IT raids Katrina Kaif, Priyanka Chopra

Income Tax sleuths swooped on the office and residence of bollywood megastars Katrina Kaif and Priyanka Chopra on Monday morning in connection with alleged tax evasion cases, an official said.

Eight overseas I-T offices soon

New Delhi: Government will operationalise eight overseas Income Tax offices in countries like the US, the UK and the UAE soon to obtain classified financial data and the officers who will man these un

Rs 400 cr in cash, jewellery seized by IT sleuths in raids this year

New Delhi: The Income Tax department has made seizures totalling over Rs 400 crore this fiscal during raids, which were also conducted to detect alleged irregularities in finances of IPL and Commonwea

Yuvraj Singh didn't evade service tax: mother

New Delhi, Jul 23: Indian cricketer Yuvraj Singh's mother Shabnam today denied reports that the dashing batsman owes a whopping 96.43 lakh service tax on his income from the first and second Indian Pr

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.