Income tax
- India
Revised Income Tax Bill 2025 explained
Union finance minister Nirmala Sitharaman on August 11 introduced the revised Income Tax Bill 2025 in the Lok Sabha. Since there are changes in how we pay Income Tax every year, this…
- India
Nirmala Sitharaman set to table revised Income Tax Bill 2025 in Parliament
New Delhi: Union Finance Minister Nirmala Sitharaman was all set to introduce revised Income Tax Bill 2025 in the Lok Sabha on Monday. The updated Income Tax Bill 2025 incorporates 285 suggestions…
- India
Income Tax bill withdrawn, updated version to be tabled on Aug 11
New Delhi: Finance Minister Nirmala Sitharaman on Friday withdrew the Income Tax Bill, 2025, in the Lok Sabha, and the government will come out with an updated version of the legislation after…
- Andhra Pradesh
AP: CBI arrests IT Inspector in Vijayawada for taking bribe
Vijayawada: The Central Bureau of Investigation (CBI) has arrested an Income Tax inspector and a middleman in Andhra Pradesh’s Vijayawada for demanding and accepting a bribe of Rs 70,000, an agency statement…
- India
Robert Vadra appears before ED in Sanjay Bhandari case
New Delhi: Robert Vadra, the businessman husband of Congress MP Priyanka Gandhi Vadra, appeared before the Enforcement Directorate on Monday for his questioning in connection with the UK-based arms consultant Sanjay Bhandari…
- India
I-T dept conducts raids in bogus tax deductions case
New Delhi: The Income-Tax Department on Monday launched multi-city raids as part of a tax evasion probe against those entities which assist certain individuals avail bogus deductions in their returns by claiming…
- Business
Income Tax Dept releases excel utilities for ITR-2, ITR-3 forms
New Delhi: The Income Tax Department on Friday released the excel utilities for ITR-2 and ITR-3 forms which can be used by taxpayers who have taxable capital gains, crypto income, and others…
- Business
India poised to become 3rd-largest economy by 2030: Hardeep Puri
New Delhi: India has recently overtaken Japan and is poised to become the third-largest economy by 2030, overtaking Germany, Union Petroleum Minister Hardeep Singh Puri has said. In the past 11 years,…
- Middle East
Oman to impose 5 pc income tax on high earners
Muscat: Oman will implement a 5 percent income tax on individual whose annual earnings exceeds 42,000 Omani riyals (Rs 94,57,768) from January 1, 2028. This move makes Oman the first GCC country…
- India
SC Collegium recommends transfer of Justice Kumar to Madras HC
New Delhi: The Supreme Court collegium has recommended transfer of Justice Tadakamalla Vinod Kumar to the Madras High Court from the Telangana High Court. The collegium, headed by Chief Justice of India…
- Hyderabad
IIT Hyderabad recognized as Institute of National Eminence
Hyderabad: The Indian Institute of Technology Hyderabad (IIT Hyderabad) has achieved a significant milestone as it has been declared an Institute of National Eminence by the government of India. The recognition comes…
- Hyderabad
CBI registers case against six, including five Hyderabad-based income tax officials
Hyderabad: The Central Bureau of Investigation (CBI) has registered a case against six individuals, including five Hyderabad-based officials of the Income Tax Department—two Income Tax Inspectors and three Senior Tax Assistants. The…
- India
New Income Tax Bill to be introduced in monsoon session: FM Sitharaman
New Delhi: The new Income Tax Bill will be discussed in the Parliament’s monsoon session, Finance Minister Nirmala Sitharaman told Lok Sabha on Tuesday. The Income-tax Bill of 2025, which will replace…
- Telangana
FGG questions Telangana govt paying income tax for CM, ministers
Hyderabad: The Forum for Good Governance (FGG) has challenged the practice of the state government paying income tax for the chief minister, deputy chief minister, ministers, and other officials holding cabinet rank.…
- Bollywood
Shah Rukh Khan wins major tax case as ITAT overturns ruling
Mumbai: Bollywood superstar Shah Rukh Khan has won a major legal battle. The Income Tax Appellate Tribunal (ITAT) ruled in his favor, canceling a tax reassessment for the financial year 2011-12. This…
