Income tax
- 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…
- Bollywood
Akshay Kumar becomes highest taxpayer in India? Details inside
Mumbai: Actor Akshay Kumar, who is one of the top-paid stars in Bollywood, has been reportedly felicitated by the Income Tax department as the ‘highest taxpayer’ in the country again. An honorary…
- Hyderabad
I-T dept seizes Rs 22-cr worth cash, jewellery after raids at real estate groups
New Delhi: The Income Tax Department has seized cash and jewellery worth Rs 22 crore after it recently raided two “leading” real estate groups based in Bengaluru and Hyderabad, the CBDT said…
- India
How to file Income Tax Return
New Delhi: To measure the growth and prosperity of any country, there are several yardsticks, one of which is how many people in that country file their Income Tax Return (ITR). Read…
- India
No change in personal income tax rates in Budget
New Delhi: Belying expectations, Finance Minister Nirmala Sitharaman did not tinker with the personal income tax rates in the Budget for 2022-23. The minister also did not raise standard deduction, which was…
- India
Union Budget: Expectations on changes in income tax slabs, rates
New Delhi: One of the most keenly awaited announcements in the union budget every year is related to personal taxation. In every budget income tax rates and slabs are reviewed. However, the…
