India Inc feels recovery Imminent : PHD Chamber Survey

A majority of India Inc feels that Industrial recovery is just round the corner, a survey conducted by PHD Chambers found. Respondents were heartened by signs of revival and improvement in industrial outlook in recent months.

Income tax Ombudsman will instil confidence in taxpayers

Till now the common tax payer was helpless against tax authorities, without any recourse against the discretionary powers of the tax authorities to search, raid and maintain the minimum level of decorum while doing so.