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TENDULKAR INCOME TAX
How Sachin Tendulkar, the cricketer, saved Rs 58 lakh income tax by calling himself an actorCricket legend Sachin Tendulkar successfully argued in court that his income from foreign commercials was from acting, not cricket. This al...
Scammers used Dhoni, Sachin's PAN details to get credit cards: How to save yourself from this fraudAs per police report, a group of fraudsters allegedly procured PAN details of Bollywood actors and cricketers from their GST Identification...
Billionaire club shrank in FY20"Wealth tax has been abolished with effect from 01.04.2016 and, therefore, CBDT (Central Board of Direct Taxes) does not any more capture i...
Number of billionaires in India stands at 136 in FY21The number of individuals disclosing a gross total income of more than Rs 100 crore (one billion rupees) in a year in his/her return of inc...
Sachin Tendulkar won’t have to pay tax on notional rent, rules I-T tribunalTendulkar owned two flats in Pune, a flat in Sapphire Park and another in Treasure Park costing Rs 60.6 lakh and 82.8 lakh, respectively.
No one else but Mahatma Gandhi on currency notes: Raghuram RajanRajan said he would focus more on "incentives to generate and retain black money" and added that most of the incentives revolve around taxa...
E-filers income tax accounts unauthorisedly accessed, says Finance MinistryE-filers of income tax beware! Income tax online return accounts of certain people have been unauthorisedly accessed, the Finance Ministry ...
Anil Ambani probe reveals more breaches; Tax a/c of MSD, Sachin, SRK hackedMumbai Police has stumbled upon another CA student who not only accessed the Ambani's account, but also of Tendulkar, Dhoni, SRK and Salman.
- I-T mulling engaging Dhoni to better tax collection
The income tax (I-T) department in Jharkhand is working on a plan to appoint Team India skipper Mahendra Singh Dhoni as its brand ambassado...
- 'Actor' Tendulkar allowed to claim tax deduction
An Income Tax tribunal has allowed ace cricketer Sachin Tendulkar to claim deductions from his taxable income pertaining to earnings from m...
- Advance Tax: Akshay, SRK, Amitabh share honours with miners
Bollywood superstars Amitabh Bachchan, Shahrukh Khan and Akshay Kumar figure in the list of India's 15 top advance taxpayers in March.
- Tax officials to keep a close watch on IPL auction proceedings
Enforcement and tax officials will keep a close watch on the proceedings of players auction for IPL-4 which will see as many as 350 top cri...
- Actors' expenses on fans will not be subjected to tax
This is a treat for actors. Eighty per cent of the money they spend on their fans will be treated as expenses for promoting their professio...
- Akshay, Shah Rukh, Hrithik Roshan pay less tax in FY10
Highest tax payer Akshay Kumar payed only Rs 18 crore in FY10 as against Rs 31 crore for 2008-09, a fall of 42%.
- Lalit Modi, Jagan Reddy are among top taxpayers
The coveted list of top taxpayers compiled on the basis of advance tax receipts has thrown many surprises this time, with the top slot goin...
- Mayawati, Shah Rukh Khan among top taxpayers
Country’s top taxpayer is from Delhi who forked out Rs 121 cr as income tax and King Khan is top taxpayer among actors. Easy remittances | ...
- End the sport of abusing tax exemption
At the height of her career over a decade ago, Steffi Graf, an all-time great among tennis players, faced charges of tax evasion from Germa...
- No friends nor enemies in corporate sector: FM
Asserting that he has no friends in the corporate sector, Finance Minister P Chidambaram on Thursday said in the Rajya Sabha that the cases...
- Govt will ask Sachin, Gavaskar to pay tax
Tendulkar & Gavaskar can approach the appellate authority against the new view by the dept.
- Actors, not businessmen, top taxpayers
Interestingly, none of the top businessmen contribute much in their individual capacity to government coffers.