Income tax
- Business
Income Tax Dept throws open e-portal for filing ITRs
New Delhi: Central Board of Direct Taxes (CBDT) on Thursday said that has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24)…
- India
PAN fraud: MP student gets IT notice after firm carries out transactions of Rs 40 cr
Gwalior: A university student in Gwalior in Madhya Pradesh approached police after he got an Income Tax notice over transactions of more than Rs 40 crore done by a company created fraudulently…
- India
I-T notice to Congress is warning to all political parties, says P Chidambaram
Pudukottai: The Income Tax department’s notice to the Congress, imposing a penalty of Rs 135 crore, was a warning to all political parties in the country and the public too, of the…
- India
Congress’s accounts not frozen, recovery of Rs 135 cr made: Officials
New Delhi: The Income Tax department has not frozen the Congress’ bank accounts, as charged by the opposition party, but has made a recovery of Rs 135 crore because of its violations…
- Top Stories
Income Tax Dept tightens vigilance to curb use of black money ahead of LS polls
New Delhi: The Income Tax Department said on Wednesday that it has put in place several arrangements to maintain vigilance on the movement of unaccounted cash, bullion and other valuables that are…
- News
Telangana should stop paying income tax for ministers: FGG to CS
The Forum for Good Governance (FGG) sent a letter to Telangana’s Chief Secretary on Wednesday, March 20, emphasizing the need for the state government to stop paying income tax on the behalf…
- Hyderabad
Hyderabad: Income Tax raids conducted at Chutneys restaurants?
Hyderabad: Did the Income Tax authorities conduct searches at Chutneys restaurants and the houses of its owners in the city? While local reports suggested that raids were conducted, it turns out that…
- Hyderabad
Hyderabad: ACB arrest income tax inspector for demanding Rs 8K bribe
Hyderabad: Sleuths of the Anti-Corruption Bureau arrested an income tax officer for demanding and accepting a bribe of Rs 8,000 here on Monday, March 11. According to the statement, the accused officer,…
- Top Stories
I-T Dept detects mismatches in ITRs, urges taxpayers to e-verify status
New Delhi: The Income Tax (I-T) Department said on Monday that it has identified certain mismatches between the information received from third parties on interest and dividend income, and the Income Tax…
- India
I-T has withdrawn Rs 65 cr from banks ‘undemocratically’: Congress
New Delhi: The Congress on Wednesday alleged that the Income Tax department has “withdrawn” a sum of Rs 65 crore from its accounts in different banks “undemocratically” even when the case pertaining…
- Business
Income tax filers more than double to 7.78 cr in 10 years
New Delhi: The number of tax payers filing income tax returns has more than doubled to 7.78 crore in the past 10 years, as per government data. Releasing key statistics, the Central…
- India
Tax reforms resulted in record tax collection: PM Modi
Puttaparthi: Prime Minister Narendra Modi said on Tuesday that reforms brought in the tax system in the country during the last 10 years have resulted in record tax collections. He said that…
- India
‘Koi Income Tax wala nahi aayega’: PM Modi teases entrepreneur over earnings
Varanasi: Prime Minister Narendra Modi while interacting with beneficiaries of Viksit Bharat Sankalp Yatra in Uttar Pradesh’s Varanasi engaged in pleasantries with a ‘divyang’ entrepreneur at the programme.During the interaction, PM Modi…
- Delhi
SC defers hearing of IT assessment case of Gandhis till Dec 13
New Delhi: The Supreme Court Friday deferred the hearing of the petitions filed by Congress leaders Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra as well as the Aam Aadmi Party (AAP)…
- India
Income Tax compliance in India is on the upswing across slabs
New Delhi: Data released by the Income Tax Department on Thursday shows that a healthy trend of increased compliance by taxpayers is continuing to grow which augurs well for the country going…
