Income tax
- 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…
- India
Income Tax bill proposes to grant officials access to your email, social media
The Income Tax bill, introduced in February 2025, significantly expands tax authorities’ powers beyond the Income Tax Act, 1961 and allows officials to access assessees’ email and social media accounts. As per…
- Telangana
Centre’s new IT Bill poses threat to digital privacy: KTR
Hyderabad: Bharat Rashtra Smaithi (BRS) working president KT Rama Rao (KTR) on Friday, March 7 said that the Centre’s new Income Tax Bill poses a threat to digital privacy of citizens. KTR…
- India
Union finance min Sitharaman introduces Income Tax Bill 2025
Union Finance Minister Nirmala Sitharaman tabled the income tax bill 2025 in the Lok Sabha on Thursday, February 13. The Bill was tabled amid pushback from the Opposition leaders demanding discussion over…
- India
Revised income tax law to eliminate obsolete, redundant provisions: Experts
New Delhi: The revised income tax law is expected to be clear, concise, consistent and supplemented with illustrative examples to aid understanding and interpretation by various stakeholders, which will also eliminate obsolete…
- Hyderabad
Income tax relief may boost housing demand in Hyderabad
Hyderabad: The income tax relief announced during the Union Budget 2025 is likely to boost housing demand in Hyderabad. According to a report by the real estate services company ANAROCK, though a…
- Business
Govt may introduce new income tax bill on Feb 6
New Delhi: After the revision in tax slabs in the Union Budget 2025-26 to leave ‘enough money in the hands’ of taxpayers, the government is likely to unveil the much-anticipated draft of…
- India
Cuts in income tax rates, higher tariffs on gold likely in Budget 2025-26
New Delhi: Mild cuts in personal Income Tax rates to boost consumption and concessional Corporate Tax scheme for manufacturing hubs and FDIs to push the ‘Make in India’ strategy are likely in…
- India
Union Budget 2025 may introduce changes in income tax slabs
New Delhi: Global financial services company Nomura on Thursday said the Centre will focus on both fiscal consolidation and growth-supportive measures in the upcoming Union Budget for 2025-2026, predicting that the government…
- India
ED raids at Kingston Engineering College conclude after two days
Chennai: The Enforcement Directorate (ED) raids at Kingston Engineering College, owned by DMK MP Kathir Anand, in Tamil Nadu’s Vellore, ended on Sunday after two days. Anand, a two-term MP from the…
- India
Budget 2025-26: CII seeks cut in income tax
New Delhi: Apex business chamber CII on Monday urged Finance Minister Nirmala Sitharaman to reduce personal income tax for individuals earning up to Rs 20 lakh per annum, introduce a three-tier customs…
