Uttarakhand Crime Branch-CID is moving quickly in the Loni Urban Multi State Credit and Thrift Cooperative Society Ltd (LUCC) scam, taking steps including arrests, property seizures, and coordination with the Income Tax Department and Enforcement Directorate.
According to sources in the Income Tax Department, the notice is a follow-up to the earlier raids conducted in 2022. Authorities have clarified that the current notice or the proceedings are not related to the recently released and "controversial" film Empuraan.
Speaking during the discussion in the Rajya Sabha, Raghav Chadha questioned the value citizens receive in return for their contributions, including whether they benefit from world-class healthcare, education, or infrastructure.
The Central Industrial Security Force (CISF) has initiated an internal enquiry and issued a suspension order following the arrest of five of its personnel, including a lady constable, by the Kolkata Police on charges of allegedly conducting a fake Income Tax raid and looting a house near Kol
Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Tuesday said that the new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament.
New Delhi [India], March 24: Life insurance plans offer more than just financial security for your loved ones, they also provide important tax benefits. There are different tax deductions and exemptions offered by the Indian government under the Income Tax Act, 1961. By understanding these
Bangalore (Karnataka) [India], March 20: Tax Saving Fixed Deposits are gaining a great deal of interest from investors seeking higher yields and tax related savings. High interest rates offered by banks and its dependability in safeguarding investor funds contribute to its popularity. In com
Regarding the Income Tax Bill 2025, which was introduced in Parliament and is currently under examination by the Select Committee for detailed consideration, stakeholders are encouraged to continue submitting their suggestions on its provisions.
A meeting of the Select Committee of the Lok Sabha, under the chairmanship of Bharatiya Janata Party MP Baijayant Panda, to examine the Income-Tax Bill 2025 is underway at the Parliament House Annexe in the national capital on Wednesday.
The Enforcement Directorate (ED) on Monday conducted searches at the residence of former Chhattisgarh Chief Minister and senior Congress leader Bhupesh Baghel, his son Chaitanya Baghel and others in connection with an ongoing probe into the alleged multi-crore liquor scam, sources said.
In the July 2024 Budget, the government had proposed a comprehensive review of the Income-tax Act, 1961. The purpose was to make the Act concise and lucid and reduce disputes and litigation.
Jairam Ramesh shared a trivia about how in 1913, the US Constitution was amended to introduce a federal income tax and the economist who championed for the same was a mentor of Dr B R Ambedkar.