Finance and oil ministry officials met last week to look at various disinvestment options for state-run companies, said a govt official pri...

The current scheme is for cash deposited whereas the other one is not just for cash but also includes unexplained jewellery, he says

"In view of the above (comparative data), it can be inferred that IDS, 2016 has been a major success vis-a-vis VDIS, 1997," he said.

This rate would only be applicable for large cash deposits in bank accounts or huge expenses incurred in cash since November 8, when old cu...

Tax professionals are charging 5% to 25% to suggest strategies that can convert unaccounted cash into legitimate money. Here are some of th...

The case that recently took place in Kolkata has stunned authorities of the I-T investigations wing after the said business entity produced...

Indeed, the final outcome of the declarations was significantly in excess of the initial estimates and was a result of sustained campaign i...

Rani Singh Nair today held a meeting with the regional I-T department chiefs where, sources said, the strategy and progress of the last mil...

Income declaration scheme (IDS) 2016 provided an opportunity for people to disclose their hitherto undisclosed domestic income and assets.

The finance ministry and CAG had a major tiff in 1998-99 over sharing of information related to the Voluntary Disclosure of Income Scheme, ...

A total of 64,275 disclosures were made from which Rs 65,250 crore was declared under Income Declaration Scheme.

The government has seen an improvement in response to the IDS in the last few weeks even as top sources sought to play down concerns of the...

Under the IDS, people can disclose their undeclared income and escape prosecution. The scheme, closes on September 30.

The scheme, however, is getting a good response in places like Thane and Pune as professionals like doctors, builders, advocates and even t...

The move is believed to be aimed at nudging individuals as well as businesses to declare hidden income and assets under the Income Declarat...

Jaitley said that the action being initiated by G-20 countries coupled with "technological intervention" will make it difficult to keep bla...

Income Declaration Scheme 2016 is an opportunity for those who didn’t disclose income or pay taxes thereon in the past.