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I-T Goes After Rs 7.7 Trillion Tax Arrears

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved. Illustration: Uttam Ghosh/Rediff.com......

How BJP hopes to gain by taking Kuldeep Bishnoi into its fold

'Neither the Congress will lose anything nor will the BJP gain anything.' Nitin Kumar reports from Chandigarh. IMAGE: BJP national president JP Nadda congratulates newly joined party leaders......

CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

The Central Bureau of Investigation has filed a corruption case against British aerospace and defence company Rolls Royce PLC, top executives of its Indian unit and arms dealers for alleged......

MP daughter bats for Sharad Pawar

Union Agriculture minister Sharad Pawar, also head of the Nationalist Congress Party, was strongly defended on allegations regarding IPL controversy by his daughter, NCP member of Parliament......

Income Tax dept begins scrutiny in reassssment cases for AY-2018-19

The income-tax (I-T) department has started scrutinising cases for the assessment year (AY) 2018-19 to determine which of them need to be reopened, a process that might result in a raft of tax......

Tax notices to employees a 'discrepancy', says TCS

Information technology major Tata Consultancy Services (TCS) on Friday termed the tax demand notices received by several of its employees a “discrepancy,” and the tax department will be......

'No Politics When It Comes To The Country's Finances'

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.' IMAGE: Finance Minister Nirmala Sitharaman at the launch of the NITI NCAER States Economic Forum portal......

More than 90% taxpayers may switch to new regime: CBDT chief

The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 percent of individual taxpayers to embrace the new......

Beware! IT Sleuths On The Prowl

The suspected undisclosed income in these cases could reach as much as Rs 15,000 crore. Illustration: Dominic Xavier/Rediff.com The Income Tax department has issued 10,000 reopening notices......

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Business Standard The Income Tax Department

News for Business Standard The Income Tax Department

I-T Goes After Rs 7.7 Trillion Tax Arrears

How BJP hopes to gain by taking Kuldeep Bishnoi into its fold

CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

MP daughter bats for Sharad Pawar

Income Tax dept begins scrutiny in reassssment cases for AY-2018-19

Tax notices to employees a 'discrepancy', says TCS

'No Politics When It Comes To The Country's Finances'

More than 90% taxpayers may switch to new regime: CBDT chief

Beware! IT Sleuths On The Prowl

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