Page 12 - Taxpayers

Indian-origin Arora brothers among Britian's 24th top taxpayers: Report

Indian-origin retail brothers -- Simon, Bobby and Robin Arora -- have been ranked Britain's 24th highest taxpayers, according to a new top 50 list compiled by 'The Sunday Times'. The Arora family, behind the B&M chain of discount stores, paid 25.6 million pounds towards their 2017-18 tax bill against wealth estimated at 2,300 million pounds. The UK's highest taxpayer was named as sportwear businessman Stephen Rubin, who paid 181.6 million pounds in tax in 2017-18 against a wealth estimate of 2,820 million pounds. "These are the taxman's best friends those who make the inaugural 'Sunday Times Tax List' based on the taxes due on their business profits, share sales, dividend income, house purchases and, where known, personal income through their salaries," the newspaper noted. "The super-rich are often castigated for not paying their fair share of tax, for deploying all tax avoidance measures at their disposal, yet the top 1 per cent of earners are expected to yield 28 per cent of ..

Number of direct taxpayers may double to 76 mn in PM Modi's regime: FM

The number of direct taxpayers was 38 million when the Modi-led government took office in May 2014

Taxpayers foot the bill for penalty levied on government officer by CIC

Taxpayers foot the bill for penalty levied on government officer by CIC

Taxpayers should ask for warrant before allowing I-T search: Revenue dept

In Delhi, six persons had allegedly told a family that they were from the tax department and had come to probe evasion of Rs 20 lakh

At 'Gyan Sangam', PM Modi urges tax officials to improve work culture

Arun Jaitley commended the efforts made by the central and state tax officials to make GST a reality

Only 34% service taxpayers move to GST payment portal: CBEC ups outreach

Out of the 80 lakh excise, service tax and VAT assessees; 54 lakh have turnover below Rs 20 lakh

Letters: Dangerous precedent

The bottom line is that taxpayers' money is being squandered

In a first, govt issues certificates of appreciation to honest taxpayers

About 8.43 lakhs tax payers will be issued this Letter of Appreciation in different categories for paying the due taxes

Kaun Banega Crorepati taxpayer

Business Standard brings to you the many different numbers of crorepatis that are floating around

Only 18,358 individual taxpayers declared income of over Rs 1 cr in FY12

Income-tax data released by FinMin after 15 years

Don't harass honest taxpayers, Modi tells IRS officers

However, the National Democratic Alliance government has tried to convey a more congenial tax environment