Former Supreme Court judge Justice Rohinton Nariman said on Friday that if independent reporting has led to a tax raid, judges should declare it illegal and unconstitutional.
Commenting on the recent Income Tax raids on his premises, in which crores of rupees were unearthed, Congress MP Dhiraj Prasad Sahu for the first time responded, saying that the money has nothing to do with the grand old party or any political party.
The Japanese people chose 'tax' as the word of the year, reflecting rising costs of living and much-discussed tax reforms in the world's third-largest economy, CNN reported.
Ministry of finance posed on X, "Steady growth in Direct Tax collections! Net collection in FY 2023-24 (upto 30.11.2023) is 23.4 per cent higher Year-on-Year. 58.34 per cent of Budget Estimates for FY2023-24 already achieved. #ViksitBharat #FinMinReview2023"
A bill was introduced in the Lok Sabha that provides for giving immediate effect for a limited period to provisions in bills relating to the imposition or increase of duties of customs or excise, with or without change in tariff classification
A bill to align provisions of the Central Goods and Services Tax Act with the Tribunal Reforms Act to initiate the administrative process for operationalisation of the Goods and Services Tax Appellate Tribunals was introduced in Lok Sabha on Wednesday
Union Finance Minister Nirmala Sitharaman will move for leave to introduce a Bill to amend the Central Goods and Services Tax Act, 2017, in the Lok Sabha on the 10th day of the winter session of Parliament.
The government of Israel extended the time for evacuees forced to leave the areas near Gaza and Lebanon due the ongoing danger there to submit applications for an additional aid grant.
The Delhi High Court has dismissed the News Portal NewsClick plea challenging the orders dated November 3 and February 20 passed by the Income Tax Department and said it has not been able to make out a prima facie case in its favour.
The Income Tax department has, so far, recovered a cash haul of Rs 351 crore during its searches on Boudh Distillery Private Limited, a company based in Odisha. The company is allegedly linked to Congress Rajya Sabha MP Dheeraj Sahu, sources said.