Now, IT dept to get defaulters address from banking, municipal authorities
The database of the government means all databases where a taxpayer is registered, like a driving license or voter ID, and the local authority means the municipal body or a similar department.
Dec 24, 2017, 11:35 AM IST
Over 36 lakh bank a/cs saw cash deposit of Rs 10 lakh or more in a financial year
Over 36 lakh bank accounts have seen cash deposits of Rs 10 lakh or more in a financial year, Parliament was informed on Tuesday.
Jul 18, 2017, 15:39 PM IST
Govt notifies changes in I-T rules to comply with FATCA pact
The Revenue Department has amended income tax rules to provide for reporting of information with regards to financial assets and accounts, a month after India signed a tax information sharing agreement with the US.
Aug 09, 2015, 11:49 AM IST
