Income tax
- 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…
- 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.…
