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Actor-politician Ambareesh gets medical treatment on taxpayers money

Last Updated: Thursday, July 17, 2014, 12:16

In a boiling controversy of sorts, Karnataka`s actor-turned-politician, MH Ambareesh has reportedly spent a whopping crore to get medical treatment abroad. But, the catch is that the it was the hard-earned money of the taxpayers which suffixed his fat bills.

India to implement US foreign tax compliance act: RBI

Last Updated: Sunday, June 29, 2014, 11:32

The Inter-Governmental Agreement on FATCA, which came into effect on April 11, will be signed only after Cabinet approval.

I-T dept creates 56 new ASK offices for taxpayers

Last Updated: Wednesday, March 19, 2014, 16:39

In order to create better facilities for taxpayers, the Income Tax department has created 56 new outreach centres across the country during this financial year.

Banks to remain open on Sep 14, 15 for advance tax collection

Last Updated: Friday, September 13, 2013, 21:28

Reserve Bank Friday said bank branches would work full time this Saturday and Sunday to facilitate receipt of advance tax challans for income tax and corporate tax from the public.

Tax department writes to another 35,000 people to file returns

Last Updated: Friday, September 13, 2013, 20:32

The Income Tax Department has written to another 35,000 people this week, asking them to file returns and pay dues.

Send e-return copies to Bangalore centre: I-T dept to taxpayers

Last Updated: Friday, September 13, 2013, 16:00

Income Tax department has asked electronic filing taxpayers not having sent their returns copy for the two previous assessment years by post to its centre in Bangalore, to do so early.

Beware of fraud, fake mobile applications: I-T to taxpayers

Last Updated: Wednesday, September 04, 2013, 15:41

The fake mobile applications use the name and purpose of I-T returns to conceal their fraud identity.

Cos paying over Rs 10 cr advance tax may be asked to join LTU

Last Updated: Sunday, June 23, 2013, 17:54

Government is considering making it mandatory for companies paying advance tax of over Rs 10 crore annually to register with the LTU (Large Taxpayers Unit), a move likely to augment and streamline tax collection.

Online taxpayers may not need to send papers to CPC in B'lore

Last Updated: Friday, June 21, 2013, 19:34

Millions of taxpayers filing returns online may no longer have to send paper documents to the central processing unit here, with CBDT proposing to introduce electronic verification for such filings, a top official said.

ITC may not qualify for Kolkata LTU facility

Last Updated: Tuesday, May 07, 2013, 23:00

Cigarette to diversified conglomerate, ITC Ltd, may not qualify for entry into the proposed Large Taxpayers Unit (LTU) here for association with tobacco.

UK taxpayers to pay six million pounds on hate cleric Qatada

Last Updated: Sunday, January 27, 2013, 17:06

British taxpayers may have to cough up a whopping six million pounds this year to pay the bills of radical cleric Abu Qatada.

Nearly 29,000 tax defaulters owe Rs 3,770 cr to govt

Last Updated: Monday, October 08, 2012, 22:00

Tax defaults by nearly 29,000 taxpayers aggregate to Rs 3,770 crore, according to a tax department's analysis of e-returns filed in 2012-13.