Income tax
- India
Operations at BBC offices ‘affront to freedom of expression'”: Global watchdogs
New York: Global media watchdogs and human rights bodies on Tuesday criticised the Indian government’s income tax survey operations at the BBC’s offices in New Delhi and Mumbai, saying the action “smacks…
- News
India’s IT collection cost lowest in the world: Hyderabad Commissioner
Hyderabad: The income tax collection cost that the Income Tax (IT) department incurs in India is the lowest in the world, said Shishir Agarwal, chief commissioner of IT (Hyderabad) here on Thursday.…
- India
New tax regime now more attractive: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said the government has made the new income tax regime more attractive for taxpayers and has brought about ‘substantial changes’ in its structure for…
- India
Budget reduces surcharge on HNIs, brings down India’s highest income tax rate to 39 pc
New Delhi: The Budget 2023-24 proposes to lower India’s highest rate of income tax to 39 percent, from 42.74 per cent at present, by reducing the surcharge applicable on high net-worth individuals.…
- Telangana
Income tax rebate is of no use to Telangana: BRS MLC Kavitha
Hyderabad: Reacting to the union budget delivered by Finance minister Nirmala Sitharaman BRS MLC K Kavitha Kalvakuntla on Wednesday said that the income tax rebate on income up to Rs 7 lakhs…
- India
No income tax for individuals earning upto Rs 7 lakhs: FM Sitharaman
Finance Minister Nirmala Sitharaman announced that the personal income tax rebate is extended on income up to Rs 7 lakhs in the new tax regime. The minister also announced revised tax slabs.…
- 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…
