Income tax
- Middle East
Income Tax in UAE? Here’s what the government said
Abu Dhabi: The UAE introduced a federal corporate tax at a standard statutory rate of 9 percent starting from this fiscal year, beginning on or after June 1. The introduction of the…
- Hyderabad
Hyderabad: Fake IT officials rob 1.7 kg gold from jewelry melting unit
Hyderabad: A daring heist took place in the Pot Market area of Secunderabad when a group of individuals posing as income tax officials stormed into a jewelry and gold melting shop and…
- India
Techie involved in Income Tax refund fraud arrested
Bengaluru: A techie who allegedly siphoned off huge amounts of money related to income tax refunds from the I-T Department into bank accounts “impersonating” those of original assessees has been arrested, police…
- Hyderabad
IT dept targets ‘benami vehicles’ in Hyderabad after crackdown on properties
Hyderabad: The Income Tax Department has now set its sights on benami vehicles after targeting benami properties. The department has issued an order to ban the purchase and transfer of a Mercedes…
- Hyderabad
Income Tax officials raid textile stores in Hyderabad
Hyderabad: Income Tax officials are conducting searches in many parts of Hyderabad since the early hours of Monday. Searches are being done at famous clothing stores and their owners are being investigated.…
- Andhra Pradesh
Andhra CID asks ED, I-T dept to probe Margadarshi chit fund
Delhi: The Andhra Pradesh CID has asked central probe agencies like the ED and the Income tax department to probe the Margadarshi chit fund for alleged violations of the chit fund law after…
- India
I-T finds bougus expenditure of Rs 1K cr during raids in Karnataka
New Delhi: The Income Tax Department on Tuesday said that they recently carried out a search and seizure operation at 16 different locations in a case involving some Cooperative Banks in Karnataka,…
- India
Amritpal’s mentor Papalpreet served I-T notice over ‘unaccounted’ income
Chandigarh: Papalpreet Singh, the brain behind radical preacher and pro-Khalistan supporter Amritpal Singh, has been served a notice by the Income Tax department to explain the source of Rs 4.48 lakh credited…
- Hyderabad
I-T searches at real estate firms in Hyderabad
Hyderabad: The Income Tax (I-T) Department on Tuesday conducted searches at the offices of various real estate firms in Hyderabad for alleged tax evasion. About 20 teams of I-T officials were conducting…
- India
BBC profits not commensurate with operations in India: Tax officials
New Delhi: The income and profits shown by various BBC group entities are “not commensurate” with the scale of their operations in India and tax has not been paid on certain remittances…
- India
‘Will continue to report without fear or favour’: BBC on IT ‘survey’
After a three-day investigation that entailed searching through files and copying data from certain digital devices, the income tax inspectors departed the BBC offices in New Delhi and Mumbai on Thursday night.…
- Delhi
Income Tax surveys at BBC offices end after over 58 hours
New Delhi: The Income Tax department’s marathon “surveys” at BBC’s offices ended on Thursday, after clocking over 58 hours in total, as officials prepared an inventory of financial data from select staffers…
- India
Income Tax survey at BBC offices clocks over 55 hours
New Delhi: The Income Tax department’s marathon survey at BBC’s offices continued for the third straight day on Thursday as officials prepared an inventory of financial data from select staffers and made…
- India
Income Tax ‘survey’ operations at BBC offices continues for third day
New Delhi: The Income Tax department’s ‘survey’ at the BBC office here continued for the third straight day on Thursday as officials gathered financial data from select staffers and made copies of…
- India
I-T dept ‘survey’ on BBC India continues for second day
New Delhi: The Income Tax department survey operation against BBC India continued for the second day with the sleuths understood to be making copies of electronic and paper-based financial data of the…
