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CBI books Oxfam India for FCRA violation, searches its office

The Central Bureau of Investigation (CBI) registered a first information report (FIR) against Oxfam India and its office-bearers for alleged violation of the Foreign Contribution (Regulation) Act......

ED books BBC India for foreign exchange violations, seeks documents

The Enforcement Directorate (ED) has registered a case under FEMA against BBC India for alleged foreign exchange violations and called its staffers for questioning following which a deputy managing......

No agenda, we report without fear or favour, BBC chief tells India staff

The BBC is not driven by an "agenda" but by purpose and will not be put off reporting impartially and without fear or favour, the UK-headquartered media organisation's chief has said days after the......

3-day survey found many tax-linked irregularities at BBC, says I-T dept

The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign......

I-T Goes After Rs 7.7 Trillion Tax Arrears

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved. Illustration: Uttam Ghosh/

TDS rules: Online gaming bonus, incentives taxable if withdrawn, says CBDT

The Central Board of Direct Taxes (CBDT) on Monday clarified that any deposit in the form of bonus or incentives credited in a user account will be considered net winnings, and subject to tax......

Personal income tax to GDP ratio rises to 2.94% in FY22

Personal income tax as a percentage of GDP has gone up from 2.11 per cent in 2014-15 to 2.94 per cent in 2021-22 fiscal, indicating that taxpayer base is widening as a result of the steps taken by......

Did Mumbai Pay Rs 5 Trillion In Taxes?

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......

Why I-T Department Selected 68,000 Cases

The transactions were allegedly not reported correctly in the tax returns for FY20. IMAGE: Kindly note the image has been posted only for representational purposes. Photograph: ANI Photo  ......

Sebi asks investors to link PAN with Aadhaar by March 31

Capital markets regulator Sebi on Wednesday asked all investors to link their PAN with Aadhaar number by March-end for continual and smooth transactions in the securities market. Photograph:......

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