The Bombay high court has held that income tax cannot be deducted from an amount given by way of compensation for property the National Hi-Speed Rail Corporation Ltd acquired for the......
'The prime minister's advisers may have told him that going along with this AIADMK government will damage his image.' IMAGE: Prime Minister Narendra D Modi meets DMK chief M Karunanidhi and the......
President Pratibha Patil on Monday addressed Parliament for the last time as President when she flagged off the Budget session. Here's the text of her speechHonourable Members I welcome you to this......
Sixty six years after the clarion call went out from Bombay's Gowalia Tank asking its rulers to Quit India, the citizens of this amazing city came together in their thousands on Wednesday evening......
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......
7 states account for over 80 per cent of the total direct tax collections by the Union government. Illustration: Uttam Ghosh/Rediff.com Have more Indians come under the income-tax net over......
Mumbai, which adds 37 per cent to the total direct tax mop-up, has reported tax collection of Rs 4.93 trillion so far, against the full-year target of Rs 5.35 trillion. Illustration: Dominic......
With new rules coming into force in April, several investors are booking profits, rejigging portfolios or moving their virtual assets outside of India. Rajesh Bhayani reports. Photograph: Edgar......
'We have already given Rs 1.59 trillion to states.''So, there is no question of giving them more.' Illustration: Dominic Xavier/Rediff.com The uptrend in GST collections will continue in the......
Will Ishan Kishan get Rs 15.25 crore for one year, or for three years?Do the players get their IPL payments, whether it is in full or in part, and what is the payment schedule?Harish......
The Enforcement Directorate has issued notice to the BCCI to explain transfer and routing of funds to the tune of Rs 1,600 crore in the conduct of the second season of Indian Premier League cricket......
The Income Tax department which is probing all financial transactions of the Indian Premier League (IPL) has advised all foreign players to obtain PAN cards, failing which they will have to pay......
The Income Tax department has claimed to have found defaults in the payment of TDS returns by the IPL franchises to various service providers in its ongoing probe into the tournament's finances.......
The Income Tax department has issued notices to Knight Riders Sports Private Limited and Gameplan Sports to appear before it in connection with the recent search operations at the offices of the......