Indian News | India Newspaper | India Latest News | News From India | India News Daily

Economic Times

Current Headlines | Most Read | Archives

Tax filings by Non Resident Indians (1500)

NRIs need to pay Indian income tax and wealth tax and file the tax returns for both income tax and wealth tax separately.

Tax filing exemption of Rs 5 lakh comes with several riders (670)

Income from mutual funds, house rent or even NSCs to save tax, automatically fall outside the purview of this exemption.

India to open income tax offices in 8 countries (447)

India has already opened income tax offices in Singapore and Mauritius. Both these offices were opened during the current financial year.

Hasan Ali biggest tax defaulter with Rs 50,000 cr as tax dues (424)

The government, replying to a query in Rajya Sabha in August last year, declared that Hasan Ali Khan\'s tax dues , including interest for belated payments, exceeded Rs 70,000 crore.

Tax scrutiny: IT upgrade to end I-T nagging (139)

Income tax department is upgrading its system to ensure an assesse, scrutinised for a particular financial transaction, does not land in trouble the year after.

Govt may raise tax exemption limit in Budget: Goldman (103)

Govt may raise the income tax exemption limit in upcoming Budget to provide some relief to the taxpayer from inflation, Goldman Sachs said.

PF scam has shaken faith in judiciary: AG (97)

The involvment of as many as 30 judges in the multi-crore provident fund scam has shaken the confidence of people in the judiciary , attorney general G E Vahanvati told the Supreme Court on Thursday.

Get your I-T returns in 30 days (96)

If the I-T department?s plans unfold well, you may begin receiving your returns in a month?s time for taxes filed for financial year 2011-12.

Some quick tips to filing your income-tax returns for FY11 (94)

There would be numerous questions with respect to tax filing by individual taxpayers; some of which have been addressed here.

Shariah-based products set to flood markets (89)

Exchanges and mutual funds seek to tap Muslim investors who refrain from trading in stocks and commodities.

Fidelity Mutual Fund in two minds over selloff; bidders confused (87)

Fidelity Mutual Fund, in its \'request for proposal\' document, has stated it is keen to retain the equity fund management team headed by Alexander Treves.

How not to move your money between an STP and SIP (76)

STP is a kind of SIP wherein the money, instead of being a fresh investment, comes from an investment in another fund.

Do you know how much of your money goes into indirect taxes? (76)

It is typical for each of us to wonder what the Union budget will bring. But have we paid a thought to the taxes, both direct and indirect, that we are paying?

Rs.2,196 cr Harshad Mehta dues paid to SBI, IT department (75)

The central government released Rs.2,196 crore to the SBI and the IT Department from the liquidated assets of the late \"Big Bull\", Harshad Mehta and his companies.

Documents in Hasan Ali money-laundering case forged: Swiss Bank (73)

Swiss bank UBS AG poured cold water on govt agencies? claims that they were probing an $8-bn black money case of Hasan Ali Khan by saying that the documents supporting the claim submitted by the

'No return' scheme for salaried class to be notified by June (70)

Sudhir Chandra, said the scheme to exempt salaried people earning up to Rs 5 L annually from filing income tax returns will be notified in the first week of June.

Post office or MF? Let risk appetite decide monthly income option (69)

The post office?s monthly income scheme (PO MIS) and the monthly income plans (MIPs) sponsored by mutual funds both offer monthly returns.

I-T raids could hold more blows for Malayalam filmdom's two reigning superstars Mammootty & Mohanlal (61)

The I-T raids on Malayalam filmdom\'s two reigning superstars Mammootty and Mohanlal could deal a blow to the former\'s Rajya Sabha hopes.

'Actor' Tendulkar allowed to claim tax deduction (60)

An Income Tax tribunal has allowed ace cricketer Sachin Tendulkar to claim deductions from his taxable income pertaining to earnings from modelling in advertisements.

Top equity funds maintain growth tempo in Q2 (56)

Top-ranking equity funds have been consistent in their performance over the past three months.

Refund of tax deducted at source (53)

Interest earned from deposits with banks and non-banking finance companies are paid out only after tax deducted at source (TDS).

E-filing of I-T returns sees a spurt (52)

Everything related to the returns processing and tax refund, including a banking service and a postal service, is being brought under a single roof to increase the efficiency of the whole system.

Mutual Funds: Q&A (51)

Expert take on mutual funds from the Economic Times.

Tata Retirement Savings Fund launched (51)

Tata Mutual Fund announced the launch of open ended scheme \"Tata Retirement Savings Fund\" aimed to provide long financial security for individuals.

Govt permits foreign investors to invest up to $13 bn in MFs (50)

The government today allowed foreign investors to invest up to $ 13 bn in equity and debt schemes of mutual funds, a move aimed at enhancing depth in the capital market.