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Income Tax Department Of India

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Sonu Sood reacts to tax raids: 'Every rupee waiting to be used'

Every rupee in his foundation is 'awaiting its turn' to be used to reach the needy and save lives, actor Sonu Sood said in a statement on Monday in response to the Central Board of Direct Taxes'......

IT raids on Sonu Sood's premises continue for 3rd day

The income tax department has widened its tax evasion probe against actor Sonu Sood as it raided multiple premises in Mumbai, Nagpur and Jaipur on Friday, official sources said. The department had......

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Prime Minister Narendra Modi is soon expected to launch the National Intelligence Grid or NATGRID that aims to provide a "cutting-edge technology to enhance India's counter-terror capabilities",......

I am independent, says Dainik Bhaskar after raids

Unfazed by the Income Tax department's raids on its properties in multiple cities over alleged tax evasion, media group Dainik Bhaskar on Thursday said it was "independent" and the readers' will......

Incessant rains pound Delhi causing traffic snarls

A man drowned in a flooded underpass in southeast Delhi on Monday, a day of heavy rain that caused water-logging and traffic snarls in many parts of the city. As weary Delhiites resigned themselves......

Infosys admits to continuing tax portal glitches, says work is on

IT major Infosys on Thursday acknowledged that some users continue to experience difficulties in accessing the income tax portal and assured that it is working expeditiously, in collaboration with......

Tax portal 2.0 to integrate with bourses to track trade transactions

The income-tax (I-T) department is working on integrating the new e-filing portal with stock exchanges to help tax authorities track trade transactions, including futures and options.......

'We may lose a rupee now, but we will gain more later'

'The kind of tax which will be generated from the second pillar may far outweigh what we may be losing in the first pillar.' Photograph: Thomas White/Reuters If the withdrawal of the retrospective......

MapMyIndia plans to go public, raise Rs 1,200 crore

India’s first home-grown mapping company MapMyIndia is looking to list in the public market by raising around Rs 1,200 crore at a Rs 6,000-crore valuation. Sources said the company is ready......

Infosys given time till Sep 15 to resolve I-T portal glitches

Finance Minister Nirmala Sitharaman on Monday conveyed to Infosys CEO Salil Parekh in no uncertain terms the government's "deep disappointment and concern" over the continuing glitches in the new......

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