income tax

	14 Opposition parties move SC against ‘misuse’ of Central agencies The plea in which the parties have urged the court to lay down guidelines for law-enforcing agencies and courts on remand, arrest, and bail published on : 25th March 2023
	Income Tax sleuths raid offices, home of businessman Faris Aboobacker over alleged tax evasion Faris, who is a Chennai-based real estate businessman, has been summoned to appear for interrogation published on : 20th March 2023
	IT raid on BJP MLC’s residence, 50,000 sarees, 20,000 bags seized ahead of Karnataka polls Meanwhile, supporters of Shankar called the raid politically motivated. They also raised slogans against the BJP. published on : 16th March 2023
	Net direct tax collections up 17 per cent till 10 March Usually in March, tax collections increase significantly due quarterly and yearly closures, and the government would hope to achieve the revised target for the year. published on : 11th March 2023
	Agency raids glue to bring opposition parties together Opposition parties, divided on various issues, are united on what they have termed as the ‘misuse’ of the enforcement agencies. published on : 11th March 2023
	I-T sleuths raid offices of Googee Properties Searches to continue today, firms directors & auditors likely to be grilled published on : 1st March 2023
	Fake income tax officials ‘seize’ gold, cash worth Rs 50L in Andhra Pradesh During preliminary investigation, police found CCTV cameras at the house, but soon realised that the conmen had taken away the hard disk. published on : 24th February 2023
	New ITR forms seek more disclosures from taxpayers Individual taxpayers should provide information such as income from cryptos, and whether they have opted out of new tax regime in previous years published on : 20th February 2023
	Income Tax search in BBC India offices concludes: Broadcaster The operation that began at the British Broadcasting Corporation (BBC) offices in Delhi and Mumbai around 11:30 am on Tuesday has clocked more than 45 hours now. published on : 16th February 2023
	CBDT notifies new income tax returns forms This is not in line with the Finance Minister Nirmala Sitharaman announcement in the Budget 2024 when she had proposed next-generation common Income Tax Return form for all taxpayers. published on : 15th February 2023
	I-T dept surveys BBC office, seizes phones of employees The sources also said that only the mobile phones of journalists were seized while the pantry staff, which is on both the floors, was allowed to carry their cell phones. published on : 15th February 2023
	Income-Tax Department notifies ITR forms for 2022-23 The Central Board of Direct Taxes (CBDT), through a notification dated February 10, has notified ITR forms 1-6, ITR-V (verification form) and ITR acknowledgement form. published on : 14th February 2023
	I-T dept raises tax demand of Rs 15,570 crore in black money cases "India has been proactively engaging with foreign governments, for exchange of information under these tax treaties,” it said. published on : 14th February 2023
	The rich are voting with their feet According to various reports, the most preferred destinations are Portugal, US, Australia, Greece and Malta. published on : 13th February 2023
	Madurai woman poses as I-T officer, cheats hostellers According to police, G Karthiyayini (65) of Lakshmipuram in Tatabad who works as warden in a women’s hostel at RS Puram. Ramalakshmi stayed in the hostel for four days in January. published on : 11th February 2023
	50 per cent of income taxpayers to opt for new regime According to experts, changes proposed in the Budget 2023-24 have certainly made the new tax regime more attractive, but it is not good enough to pull 50% of the existing taxpayers to the new regime. published on : 3rd February 2023
	I-T raids: Officials find ‘proof’ of tax evasion Searches continue at residences, offices of Rajapushpa, Muppa & others; Vasudha MD summoned by I-T officials published on : 3rd February 2023
	Can Budget 2023 give a strong impetus to growth and job creation? India's potential growth is not 6.5%, but closer to 8%. Has Budget 2023 done enough to achieve that? published on : 2nd February 2023
	Gain or bane: Know what industry experts feel baout budget 2023 With the Union Budget presented by the Finance Minister Nirmala Sitharaman on Wednesday, we speak to industry experts who weigh in on how this budget affects their sectors as well as the people. published on : 2nd February 2023
	Budget 2023: Rs 10,000 minimum threshold on TDS removed The beneficiary is required to show this amount when filing Income Tax Return and non-reporting can lead to penalty of upto 200 per cent of the tax amount. published on : 2nd February 2023