The Central Board of Direct Taxes (CBDT) has now amended income tax rules to allow employees to avail certain exemptions
Individuals have been flying into Nagaland from Delhi with scrapped notes in attempts to put it into tribals' accounts, say sources. The I-T department is currently looking into security breaches at Hissar, Delhi and Dimapur airports.
Economic Affairs Secretary Shaktikanta Das said that under the Gold Bond Scheme, the government plans to exempt capital gains that will be made at the time of redemption.
The income tax department's surveyed Dishman Pharma's premises over the weekend for taxation issues in a Rs 42 crore land deal involving Dishman SEZ and Dishman Pharma.
In an interview to CNBC-TV18, Subash Lakhotia, Tax & Investment Consultant shared his reading and outlook on tax exemption limits for senior citizens.
When it comes to Budget 2012, the insurance industry has more concerns than wishes. The one on top of the wishlist is that those concerns do not come to pass.