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Business group linked to DMK MP among 2 raided by taxmen

The Income Tax department has seized unaccounted cash of Rs 32 crore and gold bullion worth Rs 28 crore after its recent searches against two business groups, including one linked to Dravida......

Will Modi Contest 2024 Elections From Vellore?

Vellore is one of the two seats that the DMK alliance won by the narrowest of margins in 2019, observes N Sathiya Moorthy. IMAGE: Tamil Nadu Chief Minister M K Stalin and Prime Minister Narendra D......

BJP Tactics Won't Cut Much Ice In TN

Hindutva social media continues to present the DMK as anti-god, anti-Hindu and anti-Brahmin.The strategy did not work in the past, it has not worked in the present, and won't work in the future,......

I-T Dept raids Aaditya Thackeray's close aide Rahul Kanal

Income tax sleuths on Tuesday carried out searches across offices and homes of Shiv Sena office-bearer Rahul Kanal, who is said to be a close aide of Maharashtra minister Aaditya Thackeray,......

I-T raids: Centre trying to defame Ajit Pawar, says Nawab Malik

The NCP on Tuesday said Maharashtra Deputy Chief Minister Ajit Pawar has no links with the properties attached by the Income Tax department and the motive behind this action is to defame him.......

Undeclared foreign assets? Taxmen are here to help you

The income tax department on Saturday said it has launched a campaign to send messages to taxpayers who have not disclosed high-value foreign income or assets in their ITRs for AY 2024-25.......

Taxmen allowed to waive or reduce interest due from assessee with riders

The income tax department has allowed tax officials to either waive or reduce interest payable by a taxpayer, subject to specified conditions. Illustration: Dominic Xavier/Rediff.com Under the......

What Nirmalaji told India's taxmen

Finance Minister Nirmala Sitharaman on Wednesday asked tax officers to use simple language in income tax communications so that notices do not instil fear in the minds of taxpayers. Photograph:......

6 years of GST: Rs 1.5 trillion monthly tax revenues becomes 'new normal'

Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of Rs 1.5 lakh crore every month has become a new normal and tax officers are focusing......

GST evasion: Taxmen get more teeth

GST officers can now launch prosecution against offenders in cases where the amount of evasion or misuse of input tax credit is more than Rs 5 crore, the finance ministry has said. Illustration:......

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