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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......

It Won't Be An Easy Term For The BJP

Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in.The success of welfare schemes and electoral promises will need......

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......

After 3 days of income tax 'survey', BBC says...

The Income Tax authorities have left the offices of the BBC in New Delhi and Mumbai after three days of lengthy questioning of some of its staff, the United Kingdom-headquartered public broadcaster......

Income tax dept ends survey at BBC after nearly 60 hours

The income tax department's marathon "surveys" at BBC's offices ended on Thursday, after clocking nearly 60 hours, as officials took with them an inventory of financial data from select staffers......

What Indian taxpayers want from CBDT

An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has "largely" received suggestions for "simplifying" the language, better "structuring"......

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......

RBI sees 'sequential pickup in economic activity'

High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the......

Budget: 25% I-T Slab, Higher Rebate Likely

'If our Budget allows, we may implement both measures -- making income up to Rs 10 lakh tax-free and introducing a 25 per cent slab for income between Rs 15 lakh and Rs 20 lakh.' Illustration:......

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......

Income Tax surveys at offices of IPL franchises

Income Tax authorities conducted surveys atoffices of Indian Premier Leaguefranchises Pune Warriors in Pune and Mumbai and Royal Challengers Bangalorein the southern city as part of their probe......

Income Tax raids on offices of IPL franchisees

In nation-wide raids on Wednesday, Income Tax sleuths swooped down on offices of Indian Premier League franchisees Kolkata Knight Riders, Chennai Super Kings, Deccan Chargers and Kings XI, and......

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