After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

The Income-tax department raids being carried out against an Odisha-based distillery firm owned by a Congress MP's family, and some linked entities, ended early on Friday, capping ten days of......

May have under-reported India income, BBC tells tax dept

British broadcaster BBC has communicated to the income-tax department that some of its past income, for its operations in India, could have gone unreported during the statutory filing of returns......

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......

No electoral alliance with Congress in any state: Mayawati

In a blow to the prospects of an opposition grand alliance to take on the ruling Bharatiya Janata Party in the Lok Sabha polls, Bahujan Samaj Party chief Mayawati on Tuesday said her party will not......

Tax dept issues notice to Anil Ambani for Rs 814 cr in 2 Swiss bank accounts

The income tax department has sought to prosecute Reliance Group chairman Anil Ambani under the Black Money Act for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs......

I-T dept may make PAN mandatory for crypto investors

The income-tax department may make a permanent account number (PAN) mandatory for cryptocurrency investors, in line with the demat account rules for stock market transactions, according to two......

2021: A year of many firsts for the revenue dept

A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax......

CBDT probes 50 IRS officers for suggesting to tax super-rich

A group of tax officers suggested hiking tax on super-rich to 40 per cent, levying pandemic cess and imposing higher tax on foreign companies to ensure the government's cash till runs long enough......

Service Tax dept demands Rs 536 crore, BCCI takes legal route

A policeman walks past a logo of the Board of Control for Cricket in India (BCCI) during a governing council meeting of the Indian Premier League (IPL) at BCCI headquarters in Mumbai. Photograph:......

'This is the best year I've ever had on tour'

Leander Paes won the battle of Indians as well as his 10th Grand Slam title after defeating old pal Mahesh Bhupathi and Mark Knowles in the US Open men's doubles final along with his partner Lukas......

Readers speak out!

Click here for moreSourav NiyogiWithout the Bengal tiger India seemed like headless chickens on the Kotla.....Ex cricketers and irresponsible media contributed to India's downfall.. once again it......