Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
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It proves, again, appropriate technology adoption can kill corruption and inefficiency.
The ITD must supply how and at what rate the interest is calculated. The rate must be at least the same at which they charge us for late payment, and logically the rate must be higher. Even penalty also must be there for late payment of refund as a natural justice.
Besides the interest must be calculated from the dates of payment of advance ITs going backwards.
I request IT for immediate refund after filing the return for some rider like if refund is less than 30% if Tax paid, Income is less than 8 Lacs, income is only from Interest particular senior citizens.
Return form should be available from 1st april onwards as we have to wait for 2-3 months to notify forms by IT.
We should by now not to believe politicians as a class until they implement what they profess. Until then, take their intentions with more than a pinch of salt.
Achhe din aane shuru huvay hai!
Achhe din aane shuru huvay hai!
Jayaram
We were surprised with this efficient way of working by Income Tax department.
We wish to congratulate department.