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Business Standard
May 31, 2011



PTI
New Delhi, May 24, 2011
Amid fears of slowdown in tax collection in the current fiscal, the Finance Ministry on Tuesday indicated that it may go slow on disbursement of pending income tax refunds.


Anuradha Shukla
New Delhi, May 20, 2011
Apartment prices have crashed as much as 10-15 per cent over the last few days, property market players said. The fall has been even steeper in the case of freehold plots.


Amandeep Shukla
New Delhi, May 5, 2011
The ministry of civil aviation held talks with the pilots on Wednesday evening. It was also attended by joint secretary Prashant Sukul, who spoke to Capt A S Bhinder and others.


PTI
Mumbai, May 4, 2011
The Income Tax Department has saved a potential interest outgo of up to Rs 4,000 crore by an early payout of refunds to taxpayers in April, a top official of the Department said on Wednesday.


Sanjay Singh and Naziya Alvi
New Delhi, May 3, 2011
Passengers are facing a tough time in getting refunds for Air India (AI) flights that have been cancelled because of the strike by pilots.


Dipak Mondal/Money Today
May 25, 2011
If you thought rebating of commission, or mutual fund agents sharing part of the commission with clients, has come to an end after the entry load ban, you were wrong.


PTI
New Delhi, April 19, 2011
CBDT chairman Sudhir Chandra says a notification will be issued in June that will exempt assessees with income up to Rs 5 lakh from filing returns.


PTI
April 18, 2011
After having made 8.23 lakh refunds already in the first half of this month, the Income Tax Department on Monday said it will settle all the pending claims in April itself.


PTI
New Delhi, April 18, 2011
The Finance Ministry has introduced simpler income tax return forms 'Sahaj' and 'Sugam' aimed at reducing compliance burden on salaried persons and small businessmen.


PTI
New Delhi, April 18, 2011
The DDA on Monday carried out the biggest draw of lots in its history under a new housing scheme and unveiled the names of over 16,100 lucky applicants, fulfilling their dreams to have a roof in Delhi.


Anumeha Chaturvedi and Somnath Dasgupta
April 13, 2011
Sir Martin Sorrell is the chief executive officer of the WPP Group, one of the largest advertising firms in the world. He talks to BT's Anumeha Chaturvedi and Somnath Dasgupta.


PTI
New Delhi, April 8, 2011
The government informs the Supreme Court that it will set aside its order directing Satyam Computer to pay Rs 617 crore as income tax and will give a fresh hearing to the firm's plea challenging the tax demand.


S.P.S. Pannu
New Delhi, March 28, 2011
The delay in processing tax refund claims by the Income Tax (I-T) department has shot up, causing more inconvenience to taxpayers and a higher interest outgo for the government.


PTI
March 17, 2011
The income tax department is likely to settle 90 lakh refunds claims this fiscal, the highest in any financial year.


www.businesstoday.in
March 16, 2011
The official broadcaster, ESPN, is expected to rake in at least Rs 500 crore during the World Cup tournament.


Arvind P. Datar
March 31, 2011
Arvind P. Datar says every budget in our country seems to pursue a single-minded agenda of raising the tax rates without any concern for the manufacturing and service sectors.


Anuradha Shukla
New Delhi, March 8, 2011
The measures, jointly proposed by the finance ministry and department of industrial policy and promotion will also make exit norms stiffer for foreign firms investing in the sector.


Taslima Khan
March 7, 2011
Small and medium enterprises in Kanpur had some humble hopes that were belied.


PTI
New Delhi, February 22, 2011
The total income tax arrears in the country stood at Rs 2,48,927 crore on April 1, 2010, and the Central Board of Direct Taxes (CBDT) is tasked to monitor all outstanding dues of above Rs 10 crore, Parliament was informed on Tuesday.


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