Tax payers will be looking forward to some relief from Finance Minister Pranab Mukherjee who is expected to raise the income tax exemption limit to at least Rs 2 lakh
As many as 85 lakh tax payers will benefit from the government's decision to exempt persons earning less than Rs 5 lakh a year from filing I-T returns, a finance
Taxpayers will now have to procure a 'new number' for filing returns and making any communication with the Income Tax department.
The unique Document identification number (DIN), on the
The government today proposed to retain corporate tax at 30 per cent, but without the surcharge and cess that increase the current levy to over 33 per cent.
The I-T department has asked tax payers not to give out personal details like PAN card number and information about their credit cards on the internet in the wake of
The government today said it will address concerns of corporate and other tax payers on issues like taxation on the salaried, long-term savings.
The growth has been propelled by young individuals tax payers.
Barack Obama will set a $500,000 annual compensation cap .
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