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Income tax and more
Tags :
income tax,income tax department, IT dept, income tax raid, IT raids, Banks, loans, tax, income tax slab, finance management
Industry :
Banking, Insurance, Private Banking/Wealth Management, Investment Banking
Functional Area : India |
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About "Income tax and more" topic:
Do you everything about income tax? If yes then you should share it here and if no then you should ask about it here.
Income tax raids happen because the officials know all about you. Why should you take chance?
Come and share everything related to income tax and how does it affect other areas, how to save money and manage finances.
5 debates
on topic: "Income tax and more"
Prev1NextShowing 1 - 5 of 5
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(rate this)
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Yes
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19
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VS |
12
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No
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sandeepbansal
| Argues in support of
"Yes"
| 7 months ago
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yes,no doubt about this britisher had played with us a game "divide and rule" and our politician are followers of it and majority of people are followers of politician
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PS Dhingra
| Argues in support of
"No"
| 10 months ago
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Dear Kavitha, Contrary to your views, I have already explained what are the silverlining. Only negligible percentage out of the exempted category of employees would have to submit their Tax Returns due to one or two of the specified conditions...
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PS Dhingra
| Argues in support of
"No"
| 10 months ago
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NOT AT ALL. MAJORITY OF SALARIED PERSONS FULFIL ALL THE FIVE CONDITIONS. a) Majority of the salaried persons fall under this category. b) In most of the cases of salaried persons, only salary and interest on savings bank are the main source of...
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Debate: "Has Government made us fool ?" deleted from your view.
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(rate this)
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Yes
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14
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VS |
1
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No
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Vishnu P
| Argues in support of
"Yes"
| 10 months ago
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they do get a lot of money for raiding also since raid is conducted for making some others happy wat is the purpose of tax collection from public and giving tax exemption for Reliance Essar BCCI etc ....
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V. Srinivas
| Argues in support of
"No"
| 10 months ago
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It is not justt linked to revenue projections alone which is also required. Most raids in the news are on high profile targets. Smaller chaps like you/me get notices which maybe we promptly attend to and pay let us say the Rs. 350/- demand that...
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Leena Khade
| Argues in support of
"Yes"
| 10 months ago
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I think these raids should keep on happening now and then. But I sometimes doubt that these IT officials too are corrupt. There are so many people sitting on the top but nothing happens to them. Few such raids happen and then thigns again become...
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Debate: "Income-tax officials conduct half-a-dozen raids in past two days to meet revenue projections " deleted from your view.
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(rate this)
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yes
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22
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VS |
7
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no
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R N Bhattacharyya
| Argues in support of
"yes"
| 8 months ago
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I agree with Kavitha Shankar. All politicians know how to cheat Government as well as the people of India.
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Raju V P
| Argues in support of
"no"
| 8 months ago
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Are we assuming that the supreme court and income tax authorities are above board? And is it their primary duty to do so? We have other agencies for this purpose. Let them do their job without overburdening our judicial system
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Kavitha Shankar
| Argues in support of
"yes"
| 11 months ago
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They should.. But would they.. and even if they do so .. will we get right answers?? What will we do with the declaration when the real assets to be declared .. the one which are trashed abroad are not even going to come up..
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Debate: "suprem court and income tax department should give order to declare minisetrs asset." deleted from your view.
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(rate this)
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Yes. Its past 60 years of experience shows it
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8
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VS |
1
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No. They maintained everything SAME from past 60 years
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Isaac Madhavan
| Argues in support of
"Yes. Its past 60 years of experience shows it"
| 11 months ago
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I agree with Sarika - the British at least did us some good. Frankly speaking, all the ex-colonies of Britain starting with the USA are doing very well for themselves. To really do an informed comparison, just find out the state of the countries...
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R N Bhattacharyya
| Argues in support of
"No. They maintained everything SAME from past 60 years "
| 11 months ago
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Tax collection day by day is being liberised to get more people to be involved in paying income tax and to be honoured as a honourable tax payer.
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Sarika Singh
| Argues in support of
"Yes. Its past 60 years of experience shows it"
| 11 months ago
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I am confused.. which side to take?? Both the arguments do not gel here.. Anyways they are not behaving like britishers.. Britishers did some good to us.. but the government has failed to do a thing..
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Debate: "is Congress govt is behaving like British govt in TAX collection, with People and in Corruption?" deleted from your view.
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(rate this)
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Yes
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16
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VS |
5
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No
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sanjay dey
| Argues in support of
"Yes"
| 11 months ago
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This should be done a earlier.The Congress govt is in a trauma with ministers getting ready to go to jail. Also as you have righly said will they decalre what they have stashed at Switzerland or other tax havens
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Suryanarayan Murthy
| Argues in support of
"No"
| 11 months ago
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Before that let him advise the UPA Chairperson declare her assets, including money in foreign banks, if any..
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Saibal Ray
| Argues in support of
"No"
| 11 months ago
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What is the end result of declaring your assets, anayway? You stuff more in the hands of IT dept or the ED and escape the law and dupe the general public. Moreover, the golden opportunity to stash all you have in Swiss Banks makes your job even...
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Debate: "PM directed ministers to declare their assets.." deleted from your view.
Prev1NextShowing 1 - 5 of 5
Other knowledge matching "Income tax and more" topic
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Activity:
235 referals
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7 comments,
3225 views
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HRA stands for House Rent Allowance, it is an allowance provided by an employer to an employee. The main intention of this is to meet the cost of renting a home. Everybody whose salary package includes HRA is potentially eligible to get some deduction in Income Tax. Most, of the government and private employees have HRA as part of their salary package. In order to get income tax deduction for HRA, you must be paying rent for your accommodation; merely receiving HRA won’t help you to get tax benefit. Are you eligible for deduction under HRA…..??? We have designed and prepared this article to make you understand how you can claim tax deduction for HRA and what is the maximum tax exemption limit allowed for that. You can get tax deductions on HRA only if you are paying a rent of more than 10% of your salary. In majority cases, the rent, especially in cities is well above salary. For the purpose of discussion on HRA, salary means your Basic + Dearness Allowance (DA). Most of us think...
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