Only 1.7% Indians paid Income Tax in assessment year 2015-16
Merely 1.7 per cent of the total population in India paid their income tax in the assessment year (AY) 2015-16,…
26 DEC 2017
Income tax in India
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Income tax in India
Aadhaar saved Rs 90, 000 crore of public money since 2014: Centre
An affidavit filed by the central government in the Supreme Court has stated that Aadhaar has saved Rs 90,000 crore…
13 JUN 2017
Centre to cap cash transaction limit at Rs 2 Lakh
The Central government has decided to revise the cash transaction limit to Rs 2 Lakh from Rs 3 Lakh proposed…
22 MAR 2017
Government to banks: Seek PAN or Form 60 from account holders
Going strict over the tax evaders, the central government has asked banks to seek permanent account number (PAN) or Form-60…
10 JAN 2017
IT Dept asks banks to report deposits over Rs 2.5 lakh
To keep a close eye on unaccounted money deposited in bank accounts, Income Tax (I-T) Department has asked various banks…
12 NOV 2016
