Former Chief Justice of India, KG Balakrishnan, Assets, CBDT, Central Board of Direct Taxes | Hyderabad - YReach.com

The Ministry of Home Affairs (MHA) has issued a letter to the Central Board of Direct Taxes (CBDT) in connection with what it called 'disproportionate assets' of ex-Chief Justice of India K. G. Balakrishnan. It was earlier reported that a Kerala based RTI activist sought his IT Returns from 2005 to 2009, but the ex-CJI prevented the latter from doing so. The MHA has asked for a complete report on CBDT's findings...Read More>>>

No Tax Returns, Income Upto Rs 5 Lakh, Salary and Interest Income, No Income Tax Returns - YReach.com

According to the new regulations pertaining to IT there is no need to file tax returns for the salaried tax payer whose taxable income including salary and interest is upto to Rs 5 lakh. Salaried employees whose income is up to 5 lakh are exempted to pay the tax under this tax benefit scheme... Read More>>>