Blackmoney: Upto Rs 15 lakh award for info against defaulters

Last Updated: Sunday, September 6, 2015, 14:49

The new guidelines have been issued by the CBDT keeping in mind the huge challenge of tackling black funds in the country and at the same time boosting the revenue kitty.

Service Tax Dept to focus on 5 evasion prone sectors

Last Updated: Sunday, September 6, 2015, 11:04

"With a view to improve collection, the Service Tax department has prepared sector specific profile of five sectors which are prone to evasion," a senior official told PTI.

Will online shopping become costlier?

Last Updated: Saturday, September 5, 2015, 10:25

The Delhi Government has made it mandatory for all e-commerce companies to file their transaction details on the website of the Department of Trade And Taxes.

US unemployment falls to 5.1%, lowest since April 2008

Last Updated: Friday, September 4, 2015, 19:03

The US economy generated a lower-than-expected 173,000 new jobs in August, the government reported Friday, but upward revisions to previous months` data sweetened the picture for hiring across the country.

Prasad to take stock of spectrum trading norms Friday

Last Updated: Thursday, September 3, 2015, 19:25

Telecom Minister Ravi Shankar Prasad has called a meeting of DoT officials Friday to discuss a taxation issue related to proposed spectrum trading guidelines.

Last date for e-filing of I-T return extended to Sept 7

Last Updated: Wednesday, September 2, 2015, 17:16

The government on Wednesday extended the last date for e-filing of Income Tax return by a week to September 7.

Finance Ministry knocks down PM Modi's idea of Rs 25 currency notes

Last Updated: Wednesday, September 2, 2015, 13:20

To overcome usual shortage of coins, Union government should have coins only in denominations of rupees one and five with gradual introduction of coins of rupees ten to ultimately replace notes of this denomination.

DIPP may announce states' ranking on ease of doing biz this week

Last Updated: Tuesday, September 1, 2015, 23:26

The Department of Industrial Policy and Promotion (DIPP) is expected to release the ranking of states on 'ease of doing business' this week.

Shaktikanta Das takes charge as Economic Affairs Secretary

Last Updated: Tuesday, September 1, 2015, 23:22

Senior IAS officer Shaktikanta Das has taken charge as the Secretary for Department of Economic Affairs in the Finance Ministry.

Call drops: TRAI to seek info from operators

Last Updated: Tuesday, September 1, 2015, 20:08

Amid Prime Minister Narendra Modi concern's over call drops, the government has initiated steps to address the problem, with regulator TRAI being asked to seek information from telecom operators about their infrastructure and capacity for providing effective services.

Call drop: PM voices concern; govt asks TRAI to address problem

Last Updated: Tuesday, September 1, 2015, 19:09

With Prime Minister Narendra Modi voicing concern over call drops, the government has gone into hyper action mode with TRAI being asked to help address the problem by assessing the infrastructure and capacity of the telecom operators for effectively providing services.

Bad elements in tax dept to be dealt with: Revenue secy

Last Updated: Tuesday, September 1, 2015, 15:30

Promising just and fair decision in all tax matters, the new Revenue Secretary Hasmukh Adhia today said "bad elements" in the tax department will be identified and "taken care of" so that they don't spoil the investment climate.