income tax

NEW DELHI: Finance Minister Nirmala Sitharaman, in her Budget 2024 speech on Tuesday, unveiled a series of initiatives aimed at enhancing tourism in India, positioning the country as a premier global tourist destination. Emphasizing the historical and cultural significance of tourism, Sitharaman outlined several projects to develop key tourist sites in Bihar and Odisha. The Budget […]

This adjustment is set to save salaried employees an additional ₹17,500 annually in income tax.

Income Tax Department sources have disclosed that the ongoing raids on properties associated with Congress MP Dheeraj Sahu have revealed a cash sum exceeding Rs. 295 crore.

Income tax raid at BBC offices in New Delhi and Mumbai continues for a third day

HMA Group, a prominent meat exporter, disclosed ₹100 crore of undeclared income after an income-tax raid that lasted several days. The firm is owned by the former BSP MLA from Agra, Zulfiqar Ahmed Bhutto.

Congress came down heavily on the Income-Tax Department searches at the Delhi offices of independent think tank Centre for Policy Research (CPR), the Indian branch of global NGO Oxfam along with a media foundation Independent and Public-Spirited Media Foundation (IPSMF) on Wednesday. Reacting to the searches, Congress general secretary Jairam Ramesh said, “It’s absolutely atrocious […]

NEW DELHI: In a major haul, the Income Tax Department has seized assets to the tune of ₹390 crore, including cash amounting to ₹56 crore, from Maharashtra’s Jalna. According to IT Department sources, the tax authorities carried out raids on a steel manufacturer, a cloth merchant, and a land developer in Jalna from August 1 […]

RAIPUR: The Income Tax Department carried out searches at several premises linked to Rintu Singh, who runs a transport company named Jai Ambe transports. According to IT department sources related to development, the searches at premises of Singh started in the morning. The source said that the IT department sleuths took the assistance of the […]

Mumbai/New Delhi: In a coordinated action, teams of the Income Tax Department investigators on Thursday carried out searches at the premises of Chitra Ramkrishnan, former managing director (MD) and chief executive officer (CEO) of National Stock Exchange (NSE) and her mother, well placed sources said. According to the sources, eight to nine officials of the […]

KANNAUJ/KANPUR:  The six-day long investigation spread across Kanpur and Kannauj at two residences of businessman and perfume-maker Peeyush Jain has discovered that a walking closet was used since 2010 by him to stash unaccounted cash, that stands at Rs 197-crore even as directorate general of GST intelligence (DGGI), a law enforcement agency under the Union […]