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MP ministers to pay their income tax ending 52-year-old rule

The Madhya Pradesh cabinet on Monday approved a bill providing for seizing vehicles involved in the transportation of cows for slaughter and also gave its nod to another proposed legislation under......

1 killed in Delhi income tax office blaze; officials say no data loss in fire

A 46-year-old income tax officer died while six people were rescued after a massive fire broke out at the Income Tax CR Building at ITO in central Delhi Tuesday afternoon, the police said. IMAGE:......

Income tax dept conducts survey at Hinduja group firm

The income tax department on Wednesday conducted a survey operation at Hinduja Global Solutions, an entity of the Hinduja Group, in Mumbai and some other cities, official sources said. IMAGE: The......

Rs 3,500 cr income tax notices: Cong gets SC relief

In a relief for the Congress, the Income Tax department on Monday told the Supreme Court that it will not take any coercive action against the opposition party for tax demand notices of Rs 3,500......

Income tax conducts searches at premises linked to TN minister Balaji

Income tax authorities on Friday launched coordinated searches across different locations in Tamil Nadu at individuals linked to state Electricity Minister V Senthil Balaji, with his brother, some......

HUL gets Rs 963 cr Income Tax demand notice

Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax Department and will go in for an appeal against the order. Photograph: Philippe......

Govt to undertake comprehensive review of Income Tax Act: FM

The government on Tuesday announced that it will undertake a comprehensive review of the Income Tax Act to make it easy to read. Illustration: Dominic Xavier/Rediff.com Presenting the Union......

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......

What the Income Tax rate was 40 years ago

For those of you who think the 30 per cent peak income tax rate along with an education cess of three per cent is way too high, here's something that could make you feel better. Forty years......

Delay in filing income tax returns may hurt your financials

Despite the process of filing income tax returns going online, a lot of taxpayers continue to miss the July 31 deadline. And, this could hurt them. “All taxes one pays, even those by way of......

PIX: Income Tax raid at Ekta Kapoor's office, home

Income Tax officials conducted a raid at Balaji Telefilms' facilities and the residence of its promoters -- producer Ekta Kapoor and her actor-father Jeetendra -- on April 30 for suspected tax......

Rediff News

Income Tax

News for Income Tax

MP ministers to pay their income tax ending 52-year-old rule

1 killed in Delhi income tax office blaze; officials say no data loss in fire

Income tax dept conducts survey at Hinduja group firm

Rs 3,500 cr income tax notices: Cong gets SC relief

Income tax conducts searches at premises linked to TN minister Balaji

HUL gets Rs 963 cr Income Tax demand notice

Govt to undertake comprehensive review of Income Tax Act: FM

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

What the Income Tax rate was 40 years ago

Delay in filing income tax returns may hurt your financials

PIX: Income Tax raid at Ekta Kapoor's office, home

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