Sat, Apr 22, 2017
Based on this declaration the employer will deduct the tax from the salary every month.
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Sat, Oct 01, 2016
Given the tax rate and penalty of 45%, this can potentially fetch the government a little under Rs 30,000 crore.
Wed, Sep 28, 2016
The Indian government has sent out about 700,000 notices to suspected tax evaders to coax them to declare hidden income and assets, promising they won`t be pursued by the authorities if they pay a penalty now to clear their name.
Mon, May 16, 2016
The Income Tax Department has given four months period for people to declare their undisclosed incomes and pay tax on it.
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