Income tax
- India
Income tax exemption limit likely to be enhanced in budget
New Delhi: The government is likely to enhance the income tax exemption limit to Rs 5 lakh from the existing Rs 2.5 lakh in the forthcoming budget for 2023-24, sources privy to…
- Hyderabad
Hyderabad: I-T officials raid two agrochemical firms
Hyderabad: The officials of the Income Tax department carried out searches on the premises of two agrochemical companies in Hyderabad on Thursday.The main offices and other branches belonging to Manjeera Agro Chemicals…
- Hyderabad
I-T searches at premises of real estate developer in Hyderabad
Hyderabad: The Income Tax (IT) department officials were on Tuesday conducting searches on the premises of leading real estate developer Vamsiram Builders. The I-T sleuths were carrying out simultaneous searches in Hyderabad…
- Telangana
ED, IT operations spark political chaos in Telangana
Hyderabad: As the operations of the Enforcement Directorate and Income tax departments intensified in Telangana a stir has been created among the TRS leaders and they are reportedly rushing to secure their…
- Hyderabad
IT raids on Telangana minister, kin in Hyderabad
Hyderabad: The Income Tax department carried out searches at the residence and offices of Telangana Labour Minister Malla Reddy and his relatives in and around Hyderabad on Tuesday. The IT teams launched…
- Telangana
Telangana: IT Dept raids three private hospitals in Khammam
Hyderabad: The Income Tax (IT) officials conducted raids on three private hospitals in Khammam on Wednesday. Also ReadTelangana: IT raids at residence of energy min’s PA, Rs 49L seized Belief Hospital, Rohith…
- India
BJP uses CBI, ED, IT Dept against political opponents: Lalan Singh
Patna: In wake of income tax raids on a prominent builder and hotelier Gabbu Singh, JD-U national President Lalan Singh on Friday said that there was nothing new as the BJP uses…
- India
EC proposes lowering anonymous political donations from Rs 20,000 to Rs 2,000
New Delhi: Aiming for reforms and transparency in donations received by political parties, the Election Commission has proposed reducing anonymous political donations from Rs 20,000 to Rs 2,000. Sources said that the…
- India
SC seeks response from Congress leader Shivakumar on I-T Dept’s plea
New Delhi: The Supreme Court on Monday issued notice to Karnataka Congress chief D.K. Shivakumar on the Income Tax department’s plea challenging his discharge in tax evasion cases. A bench of Justices…
- India
I-T survey on NGOs: 610 citizens issue solidarity statement
New Delhi: A group of 610 citizens have issued a solidarity statement following the Income Tax Department’s survey on six non-governmental organisations last week. The statement signed by social worker Aruna Roy,…
- India
Six years’ jail, fine of Rs 1.5 lakh to I-T ex deputy commissioner
New Delhi: A Special CBI Court in Lucknow on Monday awarded six years rigorous imprisonment to Arvind Mishra (IRS-1989 batch officer), the then Deputy Commissioner, Income Tax, Lucknow and imposed a fine…
- Business
Setback for NDTV as I-T Dept says no bar on warrant conversion
Chennai: In a major setback for the two promoters of satellite channel company — New Delhi Television Ltd (NDTV), the Income Tax Department has said its permission is not needed for issuance…
- India
Delhi: Income Tax dept raids Centre for Policy Research think tank
The Income Tax Department is currently undertaking searches at the Delhi-based independent think tank Centre for Policy Research, according to several media reports. The action is “connected to” simultaneous raids in Haryana,…
- India
ED raids offices of TV channel head close to Mamata Banerjee
Kolkata: Two teams of Enforcement Directorate (ED) and Income Tax (I-T) are conducting simultaneous raid and search operations at the residence and offices of Kaustav Roy, a Kolkata-based businessman and the Chief…
- India
Income tax payers barred from enrolling in Atal Pension Yojana from Oct 1
New Delhi: Income taxpayers will not be allowed to enrol in the government’s social security scheme Atal Pension Yojana (APY) from October 1, according to a notification. The government introduced APY on…
