Search For "income tax"
Income Tax Department finds Rs 408 crore sales suppression in nationwide F
Updated : 1 week, 2 days ago IST
The Income Tax Department carried out a nationwide verification exercise on restaurants regarding turnovers, revealing a suppression of sales amounting to approximately Rs 408 crore. According to a Ministry of Finance press statement, the investigation targeted tax evasion patterns within th
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SK Raipur Marathon 2026: Over 10,000 Runners Hit the Streets with a 4:30 A
Updated : 1 week, 2 days ago IST
Raipur (Chhattisgarh) [India], March 2: On Sunday morning, the streets of Raipur transformed into a vibrant celebration of fitness and sporting spirit as thousands of participants came together for the SK Raipur Marathon 2026. Organized by Sanskriti Yuva Sanstha and the Indian Institute of E
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Rahul Gandhi writes to Finance Minister seeking adequate funding for ECHS,
Updated : 1 week, 2 days ago IST
Leader of Opposition in Lok Sabha Rahul Gandhi has written to Finance Minister Nirmala Sitharaman requesting action on two issues affecting armed forces personnel - adequate funding to the Ex-Servicemen Contributory Health Scheme (ECHS), and withdrawal of newly introduced income taxes on
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"CBI, IT and ED used like puppets": Priyank Kharge slams BJP after Kejriwa
Updated : 1 week, 2 days ago IST
Kharge alleged that the Central Bureau of Investigation (CBI), Enforcement Directorate (ED), and Income Tax (IT) Department have functioned as "puppets" to serve the BJP's political interests rather than upholding the law.
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Key Payroll & Compliance Changes Indian Employers Should Prepare for in 20
Updated : 1 week, 2 days ago IST
Pune (Maharashtra) [India], February 27: India's regulatory landscape has undergone a major transformation. The four national Labour Codes, active since November 2025, combined with the Income Tax Act 2025 effective April 1, 2026, mean businesses of all sizes must act now or risk penalties a
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India Emerges as Top Destination for Global Talent Operations as Budget 20
Updated : 1 week, 2 days ago IST
Bengaluru (Karnataka) [India], February 21: Chartered Accountant Jai Kumar Shah on why more companies are choosing India -- and how the new tax and labour reforms are changing the game. India's Union Budget 2026-27 has introduced the most significant tax overhaul in 64 years -- and for forei
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"Centre's funds not free pool of cash...": Nirmala Sitharaman in Rajya Sab
Updated : 1 week, 2 days ago IST
Union Finance Minister Nirmala Sitharaman on Thursday defended the Union Budget 2026-27 in Rajya Sabha, emphasising that government funds are "hard-earned contributions of every Indian citizen", not a "free pool of cash."
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BJP questions Mahua Moitra over alleged 'professional fee' from inactive c
Updated : 1 week, 2 days ago IST
Bharatiya Janata Party (BJP) National Spokesperson Pradeep Bhandari on Wednesday raised questions regarding alleged transactions involving Trinamool Congress MP Mahua Moitra and her husband Pinaki Mishra, suggesting possible violations of the Income Tax Act.
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CBDT seeks stakeholders input on proposed rules under Income Tax Act, 2025
Updated : 1 week, 2 days ago IST
The government has urged citizens to study the Income-tax Act, 2025, and make suggestions, which will be compiled and considered for review before final notification.
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Madras HC upholds Rs 1.5 cr income tax penalty against TVK Chief Vijay
Updated : 1 week, 2 days ago IST
The undisclosed income was discovered following a September 2015 search-and-seizure operation conducted following the release of his movie Puli. The court upheld the penalty, ruling that the disclosure was not voluntary but a direct result of the department's investigation. Consequently,
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Tamil Nadu: Expelled AIADMK General Secretary Sasikala expresses disappoin
Updated : 1 month, 2 weeks ago IST
Expelled Amma Peravai wing of the All India Anna Dravida Munnetra Kazhagam (AIADMK) General Secretary V.K. Sasikala on Tuesday expressed disappointment over the Union Budget 2026, stating that the absence of any changes in the individual income tax slabs was disappointing to the public. Read More
Reforms in direct taxes ensure taxpayers can manage liabilities, reduce di
Updated : 1 month, 3 weeks ago IST
While speaking at a post-Budget interactive session organised by the Confederation of Indian Industry (CII), the Secretary highlighted key reforms in direct taxation, and noted that the timeline for revising income tax returns has been extended by one quarter, giving taxpayers additional tim
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