Archive for July 21st, 2012

File Your I-T returns in spite of relief from return filing up to 5 lakh to get more benefits

July 21, 2012 | GENERAL REPORTS/TOPICS | No Comments

With just few days left to file income tax returns, taxpayers falling in the Rs 5-lakh bracket and earning less than the Rs 10,000 limit, have the option of not filing their returns. However, there are a number of reasons why you should file.If you covered under exemption for return filing as you [...]

SAD,BJP differ on imposing new taxes

July 21, 2012 | NEWS | No Comments

Punjab is heavily short of cash and the Akali-BJP government plans to impose new taxes to mop up resources. But the two allies are at odds over the move. Officials say Punjab needs to mobilise an additional 3,000 crores to overcome the fiscal crisis and the Akali Dal leadership wants to impose profe [...]