Danish Siddiqui / Reuters
Mukesh Gupta / Reuters
You have until 24 November.
When it was announced on Tuesday afternoon that Modi would be addre ing the nation that evening, we all thought that we'd hear something along the lines of Mann ki Baat. But what happened at 8pm on 8...
In its bid for transparency, the Modi government is leaving no stone unturned. The Income Tax Department released time-series data relating to direct tax collections, number of taxpayers, cost of coll...
Hindustan Times via Getty Images
While the sluggish performance of many Indian athletes at Rio may have left us disappointed, the Income Tax Department has certainly been on its toes this year—in peak form in fact. In the first...
The country is ecstatic with the glory of medals… but no offence, given that we live and breathe taxes, our minds immediately start calculating the actual amount of money that will be credited in the sportswomen’s bank accounts. We cannot help but grapple with questions such as, “Is there any tax deducted from such incomes?” or “Are these people liable for any special kind of tax?” or “Are these incomes exempt?” So let’s get an insight into what actually happens!