It may as well be. The Labor government in the United Kingdom is seeking to enact a 50% - it needs to be belabored: 50% - income tax on all those earning GBP150,000....

If there is one major factor that moves voters all around the globe it is taxes... Nothing else can mobilize people across social status and belief as ones belief when...

E- Payment of taxes were made mandatory for corporates & to those assessee to whom Section 44AB applies with effect from 01.04.2008. My question is that whether...

I worked in Hongkong for the period of 1/4/2007 to 30/6/2007 on Salary basis in a company. I was transferred in India in July 2007 in a branch of the same company, when...

The Central Board of Direct Taxes has reportedly circulated an internal document in the department and asked the field officers to make sure that tax is deducted at...

Things take time to change, but when they do, it makes significant difference. My experience with tax returns was similar. Filing income tax returns has never been easy...

What you see above is an example of an Indian PAN card. After UK recently launched biometric cards for the residents, Indian government has a similar plan in mind as...

Kashmiris have paid Rs 400 crore as income tax in 2006-07, the highest ever recorded in the insurgency torn state. The figure is not at all bad for a state that failed...

The Income tax department conducted raids at filmstar-turned-politician Vijaykanth’s residence in Chennai.

The I-T sleuths have gathered sufficient information on large spenders and intended to use it to track those not paying taxes or not filing returns, Finance Minister P...

Finance Minister PC Chidambaram suggested that the salaried class might be exempted from filing Income-Tax returns from next year provided there was no income from any...