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VVIP chopper scam: ED seeks assets details from MoD, income tax department

In an attempt to crack the suspect name codes and the alleged kickbacks paid in the VVIP choppers deal, the Enforcement Directorate has sought information from the defence ministry, Income Tax......

IT to prosecute 300 account holders in black money list

The Income Tax department is likely to initiate prosecution against close to 300 people whose names have been submitted to the Supreme Court on Wednesday in connection with the probe into alleged......

We are not hawala operators, say Mumbai's Angadias

A day after the income tax department and the National Investigation Agency seized 102 bagful of cash and jewellery, it was business as usual at the offices of Angadias at Bhuleshwar, Opera House,......

No amnesty scheme to check black money: Govt

The Income Tax Department has not recommended 'amnesty scheme' to deal with the issue of black money, the government said on Wednesday. In a written reply to the question if the Central Board of......

Kripa assets case: Police may seek help of I-T dept, ED

Mumbai police is likely to take assistance of the Income Tax department and the Enforcement Directorate for probe into the disproportionate assets case involving senior Congress leader Kripashankar......

Problems for NRIs remitting salary to India

Interest on NRE accounts is tax-free, but the I-T department creates hurdles to tax these accounts. Indians who work abroad invest their money back home. In fact, these remittances from......

Maharashtra, Delhi pay 53% of India's income-tax

The government earned Rs 7.42 lakh crore as direct taxes in 2015-16, a 66 per cent increase from Rs 4.45 lakh crore in 2010-11 On 29 April 2016, Prime Minister Narendra Modi announced - for the......

I-T Dept slaps Rs 29k cr tax demand notice on Cairn Energy

  The Income Tax Department has slapped on UK's Cairn Energy plc a tax demand notice of over Rs 29,000 crore (Rs 290 billion), including Rs 18,800 crore (Rs 188 billion) in back dated......

I-T dept slaps fresh tax notice on Nokia India

The IT department had in 2013 slapped a tax notice of Rs 2,000 crore on Nokia's Indian subsidiary for violating the withholding tax norms since 2006 while making royalty payments to the parent......

Blackmoney: I-T dept files 121 cases against HSBC account holders

The Income Tax department has slapped 121 cases for prosecution of those entities whose names have appeared in the HSBC Geneva bank list even as undisclosed income to the tune of Rs 4,800 crore (Rs......

I-T dept conducts surveys in offices of IPL franchises

Income Tax authorities conducted surveys at the offices of Indian Premier League team franchises Pune Warriors in Pune and Mumbai and Royal Challengers Bangalore offices in the southern city as......

Special unit to handle BCCI-IPL tax cases

The Income Tax department has created a special audit team to bring together the scattered assessment and investigation proceedings of the BCCI and the IPL spread across the country. Tax......

IPL stars may lose one-fifth of earnings as tax

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......

Lalit Modi on underworld hit list: Police

Former Indian Premier Leaguecommissioner Lalit Modi, who is under the scanner of the Income Tax department for suspected financial irregularities in the bidding process of the Twenty20......

IT summons: BCCI officials submit IPL documents

Responding to the Income Tax department's summons, the BCCI on Friday furnished before it complete details, including share holding pattern, player auction and bidding process of all eight original......
  Web results for Indian Income Tax Department
The Aiyar from Jaffna

The Aiyar from Jaffna G Ramanathan writes that he is from Devakottai and that he had heard that there was once a well-known printing press there... ...
US Presidential Election The Indian Prospects (Part 1)

By Vinson Xavier Palathingal* The United States is heading to the polls on November 8 to elect its 45 th President. As it is universally... ...
Wipro Limited Announces Results for the Quarter Ended September 30, 2016 Under IFRS

Under IFRS WIPRO (BusinessWire India) 2016-10-21 Business Wire India Gross Revenues grew 10% YoY IT Services Segment Revenue in US Dollar... ...
Swindlers' List

With Diwali around the corner, Manish Waale (AGE, RESIDENCE??) needed to figure out how to make some more money, and quickly, when he came across a... ...
Start-ups and pharma industry

Poorvi Sanjanwala , Partner and Zil Shah , Associate, Rajani Associates, give an overview on the growth drivers in the pharma industry and the role... ...

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