I-T department to publish and expose names of tax defaulters in newspapers

	Dated:May 30,2011

Market Round-up SENSEX 18232.06 -34.04 NIFTY 5473.10 -3.00 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Mangalam Timber Products 18.55 + 20.06 TCI Developers Ltd. 216.30 + 20.00 Rajapalayam Mills Ltd. 511.20 + 20.00 Consolidated Construction 33.00 + 17.86 ARSS Infrastructure Proje 436.55 + 17.80 NSE Losers Scrip Price(Rs.) %Change Sanghvi Forging & Enginee 96.85 -19.99 Paramount Printpackaging 24.25 -18.90 Vikash Metal & Power Ltd. 20.10 -16.42 IFB Industries Ltd. 117.80 -16.01 Hindustan Dorr-Oliver Ltd 61.65 -14.20
Top Headlines There is good money to be made in emerging markets: Emil Wolter, RBS If valuation is compressed by 20-25%, we would certainly be forced to have a more constructive look at Indian market, says Emil Wolter of RBS. I-T department to publish and expose names of tax defaulters in newspapers The department will publish in newspapers the names of those defaulting assessees who are either not traceable or whose assets are not identifiable. Narendra Modi: Big hit with America Inc; persona non grata in US Gujarat has turned into an investment magnet for US businesses, much like their counterparts in India, which view him with rose-tinted glasses. Most Read Story Narendra Modi: Big hit with America Inc; persona non grata in US Gujarat has turned into an investment magnet for US businesses, much like their counterparts in India, which view him with rose-tinted glasses. Most E-mailed Story Tax filings by Non Resident Indians NRIs need to pay Indian income tax and wealth tax and file the tax returns for both income tax and wealth tax separately. Most Commented Story Narendra Modi: Big hit with America Inc; persona non grata in US Gujarat has turned into an investment magnet for US businesses, much like their counterparts in India, which view him with rose-tinted glasses. Latest Updates Gold falls to Rs 22,820 on global cues Karnataka govt inks $350 mn pact with World Bank Two new tablets unveiled ahead of top Asia IT fair China's external assets go up to $4.126 trillion