The federal probe agency said it raided six locations, two each in Kolkata, Mumbai and Patna, after it booked Singh under the Prevention of Money Laundering Act.
Cabinet minister and government spokesperson Srikant Sharma said the CM was firm on repealing obsolete laws which were the legacy of earlier regimes.
The direction follows criticism in the media of a law enacted in 1981 which ensures that the state's chief minister and ministers don't pay any income tax themselves.
Shivakumar, who is in ED's custody since September 3 in connection with a money laundering case, was earlier taken to the RML hospital on Thursday.
Thakur said that infrastructure investment of over Rs 100 lakh crore will be needed for achieving the USD 5 trillion GDP mark.
On tax collection target, the minister said that the target has been given after due consideration and any shortfall won't affect social sector spending.
He said the importance of the fixed-income market cannot be overemphasised as they help in meeting the funds requirement of the sovereign and sub-sovereign bodies across the globe.
A person who furnishes Aadhaar, as they do not have PAN, "shall be deemed" to have applied for allotment of PAN and they will not be required to apply or submit any more documents.
Most tax notices are for routine mismatches or errors in filing that can be rectified very easily.
According to the CBDT, in a record number of Income Tax Returns (ITR) e-filings in a single day, a total of 49,29,121 ITRs were filed on the last day for filing returns.
The I-T department has issued a notification clarifying that the circular going viral on social media -- stating that the deadline has been extended to September 30 -- is not genuine.
The court issued an Non-Bailable Warrant on August 2 after he failed to appear to the summons issued by the Income Tax department.
The order has been issued under section 24(3) of the Prohibition of Benami Property Transactions Act, 1988, official sources said.
Finance Ministry sources said that the decision to sack corrupt tax officers is in line with PM Modi's promise to clean up the tax administration so that honest tax-payers are not harassed.
The Centre on Friday had announced a slew of measures to boost the economy, including a rollback of enhanced super-rich tax on foreign and domestic equity investors imposed in the Budget.