Direct tax collections rise 47 percent in April-July period of FY09 Brushing aside concerns of global economic slowdown and financial turmoil, India has witnessed a 46.95 percent growth in net direct tax collection, which has risen to Rs.71,648 crore in the first four months (April to July) of the current fiscal year (FY09), up from Rs.48,756 crore collected in the year-ago period. 07 Aug 2008
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Thaksin's wife convicted of tax fraud, jailed Pojaman Shinawatra, right, wife of deposed Thai Prime Minister Thaksin Shinawatra, and her daughter Pintongta, arrive at a criminal court in Bangkok, Thailand, Thursday, July 31, 2008. 31 Jul 2008
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CBDT, tax tools make e-filing of I-T returns simpler With the July 31 deadline for filing individual income tax (I-T) returns fast approaching, millions of people are rushing to crunch numbers and fill complicated tax forms. 28 Jul 2008
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No annexures, TDS or TCS certificates required for filing I-T returns: CBDT In a move to make filing of tax returns in India simpler, the Central Board of Direct Taxes (CBDT) said in a release that annexures and certificates relating to tax deducted at source (TDS) like Form 16 will no longer be necessary. 19 Jul 2008
Rebate excludes many taxpayers with foreign spouses When Maulit Shelat heard about the Bush administration's plan to pump up the economy by sending out stimulus checks, he sat down with his wife and drew up a list of priorities: first up, remodeling the bathroom. 12 May 2008
Samsung's CEO of 20 years quits amid tax scandal Lee Kun Hee, the chairman of Samsung Group and the most prominent businessman in South Korea, abruptly resigned introducing a dramatic twist in the ongoing corruption investigation inside the company that defines the South Korean economy. 30 Apr 2008