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Income Tax Department

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Income tax dept conducts survey at Hinduja group firm

The income tax department on Wednesday conducted a survey operation at Hinduja Global Solutions, an entity of the Hinduja Group, in Mumbai and some other cities, official sources said. IMAGE: The......

Gehlot: Kanhaiya Lal's killers should've been hanged, but...

Rajasthan Chief Minister Ashok Gehlot on Wednesday said the accused in the Kanhaiya Lal killing case in Udaipur were 'linked' to the Bharatiya Janata Party and should have been 'hanged by now' but......

Telangana polls: Congress fields richest candidates

With declared assets worth over Rs 600 crore, Chennur Congress candidate G Vivekananda is the richest politician contesting in the November 30 assembly polls, followed by P Srinivas Reddy from the......

ED quizzes Gehlot's son Vaibhav for 8 hours in forex violation case

Rajasthan Chief Minister Ashok Gehlot's son Vaibhav Gehlot appeared before the Enforcement Directorate on Monday for questioning in a foreign exchange violation case and got his statement recorded......

It's Cong-BJP battle in MP, says UP Cong chief amid tussle with SP

Amid a tussle with the Samajwadi Party over seat sharing for the Madhya Pradesh assembly polls, Uttar Pradesh Congress chief Ajay Rai on Sunday said the electoral contest in the central state is......

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on Nov­ember 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Photograph:......

Tax Collections May Exceed Budget Estimates

Taking both direct and indirect taxes, the gross collection is expected to grow 10.45 per cent to Rs 33.61 trillion in 2023-2024. Illustration: Dominic Xavier/Rediff.com   With the present......

Maharashtra govt to acquire Air India building for Rs 1601 crore

Maharashtra government on Wednesday decided to acquire the iconic Air India building at Nariman Point in Mumbai for Rs 1,601 crore. Photograph: Kind courtesy Indianhilbilly/Wikimedia Commons The......

132,497 Indians Have Income Of 1 Crore Plus

7 states account for over 80 per cent of the total direct tax collections by the Union government. Illustration: Uttam Ghosh/Rediff.com   Have more Indians come under the income-tax net over......

I-T notifies 'Angel Tax' rules for valuing investments in startups

The income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups to resident and non-resident investors. Illustration: Uttam......

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