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'Truth will come out', says Shivakumar as I-T raids conclude

After being grilled by the Income Tax sleuths for three consecutive days in connection with an alleged tax evasion case, Karnataka Minister D K Shivakumar on Saturday said he has......

I-T raids Karnataka minister for 3rd day; CM cries foul

As the Income Tax raids at various properties linked to Karnataka Minister D K Shivakumar continued for the third consecutive day on Friday, Chief Minister Siddaramaiah called it a 'politically......

I-T raids on K'taka minister continue for 2nd day, Rs 15cr cash seized

Cash and jewellery worth over Rs 15 crore have so far been seized by Income Tax authorities as part of the ongoing searches at multiple premises linked to Karnataka Energy Minister D K Shivakumar......

Tax raids on minister hosting Guj Congress MLAs; Rs 10cr seized

The I-T department has prepared a 'panchnama' where the minister was allegedly found "tearing" pages of some loose paper sheets, when the taxman came calling at the resort. ......

Uproar in Parliament over I-T raids on Karnataka minister

The Income Tax raids on a Karnataka minister on Wednesday had its echo in Parliament where the protesting Congress members disrupted the proceedings even as Finance Minister Arun Jaitley insisted......

Beware of fake income tax e-mails

If you receive an email claiming to be from the income tax department that there's an outstanding tax demand that you need to pay immediately, don't get alarmed.Get cautious, advises Tinesh......

When India's taxman gets cool...

The income tax department's new app is useful for those looking for information, grievance redress, and resolving PAN- or TAN-related issues.Tinesh Bhasin finds out more.Illustration: Uttam......

Good news! You have time till Aug 5 to file your income tax

This time, the linking of the Aadhaar number with of a taxpayer has been made mandatory for filing of an ITR, beginning July 1. Illustration: Uttam Ghosh/Rediff.com In a last minute decision, the......

Be careful, I-T sleuths know what you did last financial year

The tax department, through its non-filer monitoring system, has identified about 13.7 million people with potential tax liabilities who have not filed returns. Illustration: Uttam Ghosh/Rediff.com......

Why are these 500,000 people under I-T scanner?

This is in addition to 60,000 identified under Operation Clean Money 2.0 Illustration: Uttam Ghosh/Rediff.com The income tax (I-T) department has identified 556,000 people for scrutiny over......
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CBDT

The tax department on Friday said the number of individuals filing income tax returns has jumped to 2.79 crore this year from 2.23 crore last year,... ...

http://www.catchnews.com/national-news/56-lakh-new-taxpayers-added-no-inconsistency-in-government-data-cbdt-78014.html
CBI books former Additional Commissioner of I-T department

The CBI has booked former Additional Income Tax Commissioner R Manjunathaswamy for allegedly receiving a bribe of Rs 4 lakh from a private company... ...

http://www.moneycontrol.com/news/business/cbi-books-former-additional-commissioneri-t-department_9507201.html
Congress, BJP both look at new equations

As Assembly elections draw closer in Karnataka, the two dominant political forces – the Congress and the BJP – are desperately trying... ...

http://www.catchnews.com/politics-news/karnataka-assembly-polls-2018-congress-bjp-both-look-at-new-equations-77743.html
Electoral trusts, not companies, put the most money in political parties' kitties

A report by Association for Democratic Reforms (ADR) reveals that India Inc donated Rs 956.77 crore to national parties between 2012-13 to 2015-16... ...

http://www.catchnews.com/politics-news/adr-report-how-corporate-donations-make-their-way-into-indian-politics-77930.html
Income Tax department to nab benami property holders

The exercise is part of the government’s crackdown on black money. ...

http://www.moneycontrol.com/news/economy/income-tax-department-to-nab-benami-property-holders_9502561.html

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