« Top Headlines » Open DEMAT Account in 24 hrs  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Why you need not rush to file your ITR immediately  Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing  Section 80DDB tax benefits for specified illnesses: 5 things to know  Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal «  PAN source code for investor identities... CBDT ups direct tax mop-up target by 12%... » Murthy for corporates foregoing tax waiver January, 18th 2007 Infosys Chairman N R Narayana Murthy today called upon corporates to forego the benefit of wealth tax waiver and set an example in ethical behaviour.    Speaking at a meeting organised by CII on ethics in business, he said the business leaders had to adhere to ethical behaviour if they were to race ahead of others.    Indian tax rates were one of the lowest in the world, he said. Wealth tax has also been rationalised and there is also no tax on dividends. Several of us get tax exemptions that we definitely dont need or deserve, he said.    We pay taxes in Singapore, in the US, in every other country. But we dont want to pay taxes in our own country. I think it is silly. We as corporate leaders must stand up to say that this is not correct, he said.    He said in a country where 300 million people earn less than one dollar a day, it is not fair, he said.    Narayana murthy however seemed to defend the business men when asked why they were not as forthcoming as corporate leaders elsewhere in the world when it came to philanthrophy.