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Income of thousands, hit with tax notice for crores!

A man earning Rs 15,000 salary got an income tax notice of Rs 33.88 crore, another making Rs 8,500 was slapped with a notice of Rs 3.87 crore and a third Rs 7.79 crore. IMAGE: Kindly note that......

Seized cash, gold worth Rs 52 cr belonged to MP ex-cop, claims ED

The Enforcement Directorate Wednesday said cash and gold worth about Rs 52 crore seized from an abandoned SUV in Madhya Pradesh last year "belonged" to former state transport department constable......

Crypto use suspected in terrorism, secessionist activities: FIU report

A trends study conducted by the federal financial intelligence unit of India has expressed "suspicion" that cryptocurrency is being used across the country's landscape in serious criminal acts like......

ED team raids former CM Bhupesh Baghel's premises, alleges attack

The Enforcement Directorate on Monday raided the premises of former Chhattisgarh chief minister and senior Congress leader Bhupesh Baghel as part of a money laundering investigation against his son......

IT dept can check WhatsApp, email only during...: Sources

The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, and it is not aimed to......

New Income Tax Bill likely to be tabled in Par on Thursday

A crispier and simplified Income Tax Bill 2025, having 536 sections, and 23 chapters running into 622 pages, is likely to be introduced in the Lok Sabha on Thursday. Illustration: Dominic......

Income Tax department eyes foreign gold buyers

Financial details of Indians bringing in gold from abroad after duty payment will be shared by customs authorities with Income Tax department to check suspicious ferrying of the yellow metal into......

I-T Dept slaps Rs 944 cr penalty on IndiGo

The Income Tax Department has slapped a penalty of Rs 944.20 crore on IndiGo, which said it will contest the order that is "erroneous and frivolous". Kindly note the image has been posted only for......

Central GST offices to remain open from March 29-31

Central GST (CGST) field offices will remain open on March 29-31, the Central Board of Indirect Taxes and Customs (CBIC) said on Friday. Illustration: Dominic Xavier/Rediff.com The CBIC directive......

CBDT Uncovers Rs 290 Bn Foreign Assets

In September last year, India received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividend earned outside India. Kindly note......

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......

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