Prakash Chandra

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Govt will achieve tax collection targets: CBDT

Allaying fears of sluggish economic growth impacting tax collections, Central Board of Direct Taxes (CBDT) Chairman Prakash Chandra today exuded confidence that revenue targets for 2011-12 will be achieved.
Date for Indo-Mauritius DTAA talks undecided: CBDT

Chandra today said dates for talks on the double taxation avoidance agreement (DTAA) between India and Mauritius haven't been fixed yet.
No I-T returns for salaried class on income up to Rs 5 lakh

The government today said the tax payers whose annual income comprising salary and interest is up to Rs 5 lakh, are not required to file income-tax return from now onwards, a move which would benefit about 85 lakh assesses.

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Prakash Chandra

Govt will achieve tax collection targets: CBDT

Date for Indo-Mauritius DTAA talks undecided: CBDT

No I-T returns for salaried class on income up to Rs 5 lakh