service tax

Tax Deduction Account Number (TAN) – Facts you should know

TAN or Tax Deduction and Collection account number is a unique ten digit alpha-numeric number required to be compulsorily obtained by all persons who are responsible for deducting or collecting tax at source on behalf of Income Tax Department.

Taxpayers can heave a sigh of relief

Satisfied with the direct tax collections for the first quarter and confident of achieving the set targets, tax authorities are in the seventh heaven.

Real Estate Bubble – Has it Inflated or Bursted?

The Indian Real Estate sector is facing a downturn at the moment, after most analysts comparing the rise in property prices to the dotcom boom of 2000, the question now on everyone’s mind is what next lies ahead?