Judge Juan Manuel Merchan agreed to sentence Weisselberg to five months' incarceration at New York City's Rikers Island jail complex, altho...

The CBDT late Wednesday issued a detailed set of instructions to field officials in the light of the recent Supreme Court order. The apex c...

In a letter addressed to Finance Minister Nirmala Sitharaman, the Confederation of all India Traders (CAIT), has suggested the formation of...

Taking to PTI, CBDT Chief PC Mody said the circular issued on June 24 was not a new directive but only in clarification to the stated polic...

Many have advocated abolition of income tax in favour of a consumption tax. They argue that this would, at one stroke, eradicate both tax e...

Pradhan Mantri Garib Kalyan Yojana will allow people to deposit previously untaxed money by paying 50% of the total amount.

The industry body said that the biggest beneficiary of the move would be buyers of residential or commercial properties.

The govt, sometime back, had extended the deadline for payment of tax and penalty under IDS and allowed declarants to pay the amount in thr...

The CBDT boss, to whom the Income Tax department reports, called the IDS a one-time opportunity given to black money holders to come clean.

The government needs to assure against any "witch-hunt" to make the compliance window under the new black money law a success and it's a "p...

A digital signature authenticates electronic documents in a similar manner as a handwritten signature validates printed or hand-written doc...

I-T department has set up a special office in Delhi for those wanting to utilize the recently notified one-time black money compliance wind...

Compared to extracting tax and penalties on funds lying with offshore banks, there is no easy way to decide the tax amount on these immovab...

All Swiss banks put together managed assets totalling over Rs 383 lakh crore at the end of 2012, out of which 51 per cent came from abroad.

Our expert guides you in matters relating to tax. Email to etquerytax@indiatimes.com.

The govt said some of the persons named in the French list of people having funds abroad given to India have voluntarily paid about Rs 135 ...

The UPA government is set to come up with schemes to unearth black money, but without offering amnesty.