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FINANCE S S PALANIMANICKAM
- Income Tax department manpower shortfall at 29.47%
The Income Tax Department and Directorates had shortfall of 29.47 per cent manpower as of March 31, 2012, the Parliament was informed today.
- Study on black money may be ready by September
India may be able to get some idea of black money floating its its economy by end September.
- Direct Tax collection at Rs 4.93 lakh crore in 2011-12
Government said it has collected over Rs 4.93 lakh crore as per provisional estimates from direct taxes during the 2011-12 fiscal.
- 'Received info on money held in overseas bank accounts'
The government has received a number of cases of information relating to money held in foreign bank accounts, MoS for Finance S S Palaniman...
- 12 persons account for 90% of total income tax dues
The finance ministry today said income tax dues from 12 individuals, including stud-farm owner Hasan Ali Khan, account for 90 per cent of t...
Service tax collection up 36.7% to Rs 70,000 cr till JanuaryGovernment has collected over Rs 70,000 crore in service tax this year till January, 36.7 per cent more over the same period last fiscal.
- White paper on black money likely in Budget Session: Govt
The White Paper is expected to contain information regarding black money stashed abroad by Indians. Govt said that there is no estimate of ...
- Difficult to give timeframe for ONGC, BHEL disinvestment: Govt
The Government today said it can't give a timeframe for the completion of disinvestment process in public sector firms.
- Denmark, Finland give information on 1,500 transactions by Indians
India has received information on about 1,500 transactions from Denmark and Finland under Double Tax Avoidance Agreements with these countr...
- Government considering White Paper on black money, says MoS for finance S S Palanimanickam
Government said it is considering coming out with a 'White Paper' on steps taken by it to bring back black money stashed in overseas accoun...
- Government collecting data on I-T returns of political parties: Minister of State for Finance S S Palanimanickam
The government said the I-T Department is collecting information on tax returns filed by various political parties and would place it in Pa...
- Rs 200 cr tax notice to Delhi, Mumbai airport operators: Fin Min
The government on Tuesday said it has issued notices to operators of Delhi and Mumbai airports to recover service tax dues.
- Govt to set up tax offices in US, France, 6 other nations
Under pressure to bring back unaccounted money stashed abroad, the Government today said it will set up tax overseas units in eight countri...
- Government for reviewing DTA with Mauritius for better tax info
The government is working to review the Double Taxation Avoidance Convention (DTAC) with Mauritius to further strengthen its provisions.
- SAIL FPO deferred due to market volatility: Government
State-run Steel Authority of India's (SAIL) much awaited follow-on public offer,tentatively scheduled for June this year, was deferred.
- Over 30,000 cases in ITAT pending, 77% filed by taxmen
ITATs accross the country have 30,303 cases pending till June 30 this year.
- Satyam, Raju owe government Rs 541 crore in I-T dues
Govt said it would complete all investigations into the I-T cases against Satyam, its former owners & his other group cos by Dec '09. Raju ...