Uttar Pradesh Chief Minister Yogi Adityanath conducted a high-level review of the State Tax Department in Lucknow and directed the officials to adopt the policy of transparency, technical efficiency and strict enforcement in tax collection.
The Central Board of Direct Taxes (CBDT) has issued Notification No. 42/2025, dated May 1st, 2025, unveiling the new Income Tax Return (ITR) Form 5 for the Assessment Year 2025-26, the Income Tax Department said on its official X page.
New Delhi [India], May 3: PAN, i.e. Permanent Account Number, is an identification number that provides lenders with a complete image of the credit pattern. This number is a 10-digit alphanumeric number issued by the Income Tax Department of India. It helps monitor the monetary transactions
The Income Tax Department has introduced the 'e-Pay Tax' feature on its official online portal to facilitate the taxpayers by easing various processes, according to the Central Board of Direct Taxes (CBDT).
"In my understanding, a department like ED must be abolished. I will ask Congress to ask for the same thing. There are several institutions to look into economic offences. Having ED means that you are not even trusting your own organisations like the Income Tax department or GST," Yadav,
State-level office bearers of both associations from across the country, along with their national-level leaders, are participating in the conference. During the inaugural and subject sessions, key issues concerning Income Tax Department employees, as well as broader matters related to Centr
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.
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.
Agrawal stated, "You juggle multiple roles at work, at home, and in society, often carrying the weight of expectations with quiet strength. It is not always easy, especially in a demanding domain like ours, where technical expertise must go hand in hand with a deep understanding of people an
India's direct tax collections have witnessed a robust growth of 19.06 per cent year-on-year (YoY), reaching Rs 21.88 lakh crore in the financial year 2024-25 (up to February 10, 2025), as per the latest data released by the Income Tax Department.
As per the CBI release, the accused were arrested for demanding and accepting a bribe of Rs 4,000 from the complainant which is allegedly part of demanded bribe amount of Rs 10,000.