Realty major DLF has said the Income Tax Authorities have slapped additional tax notices for over Rs 1,700 crore pertaining to 2008-09 assessment year after being disallowed its profits in

At a time when the Central Board of Direct Taxes is asking taxpayers to use online platform to file returns, there is a problem that might haunt the assessees.

"The

Taxpayers may get relief in terms of tax rates in the proposed Direct Taxes Code, which is likely to replace the 50-year-old Income Tax Act from the next fiscal, a

The apex auditor CAG has said that public sector companies are better taxpayers than private sector firms.

"The effective rate of tax of public sector companies is 25

Interest rates are unlikely to see an upward pressure due to the budgetary measures say bankers. “Interest rates may not be impacted much since the government’s borrowing programme has

If you salary comes into the taxable category your tax liability could be substantially lower during the next financial year. Finance minister Pranab Mukherjee has given relief to

Investments in the 15-year PPF scheme are eligible for Section 80C benefits

Quoting wrong PAN mainly due to oversight or writing error