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Shinde Sena minister Shirsat gets tax notice over asset jump

Maharashtra Minister for Social Justice Sanjay Shirsat on Thursday said he has received a notice from the Income Tax department seeking an explanation of the increase in his assets between the 2019......

Income of thousands, hit with tax notice for crores!

A man earning Rs 15,000 salary got an income tax notice of Rs 33.88 crore, another making Rs 8,500 was slapped with a notice of Rs 3.87 crore and a third Rs 7.79 crore. IMAGE: Kindly note that......

MP ministers to pay their income tax ending 52-year-old rule

The Madhya Pradesh cabinet on Monday approved a bill providing for seizing vehicles involved in the transportation of cows for slaughter and also gave its nod to another proposed legislation under......

Arms consultant Sanjay Bhandari declared fugitive economic offender

A Delhi court on Saturday declared UK-based arms consultant Sanjay Bhandari a fugitive economic offender on an Enforcement Directorate plea, officials said. IMAGE: Kindly note that this image has......

Rs 3,500 cr income tax notices: Cong gets SC relief

In a relief for the Congress, the Income Tax department on Monday told the Supreme Court that it will not take any coercive action against the opposition party for tax demand notices of Rs 3,500......

Now you can help in drafting Income-Tax rules

Central Board of Direct Taxes on Tuesday said stakeholders can send their inputs for drafting Income-tax rules and related forms pertaining to the proposed Income Tax Bill, 2025. Illustration:......

Panel to examine Income Tax Bill constituted

Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income Tax Bill. Illustration: Dominic Xavier/Rediff.com To be headed by Bharatiya......

Sitharaman introduces New Income Tax Bill in LS

Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker Om Birla to refer it to a select committee of the House. Photograph:......

No income tax up to Rs 12 lakh under new regime

Individuals earning up to Rs 12 lakh annually will not have to pay any income tax under the new tax regime as Finance Minister Nirmala Sitharaman on Saturday gave relief to middle class by raising......

Delhi HC stays Rs 1,140 crore angel tax demand against Oyo

The Delhi high court on Friday stayed a Rs 1,140 crore angel tax demand raised by the Income Tax department from hospitality and hotel aggregator Oyo’s parent company Oravel Stays Private Limited......

Ready For Squid Game Finale On OTT?

Income tax raids, killer games, village elections, criminal investigations, things are rather exciting on OTT this week, as Sukanya Verma notes. Raid 2 Where to watch? NetflixLanguage: Hindi......

Lalit Modi, Vijay Mallya's Karaoke Duet Goes Viral

IMAGE: Lalit Modi karaokes with Vijay Mallya during a party at his residence in London. Photograph and Video: Kind courtesy Lalit Modi/Instagram Former IPL commissioner Lalit Modi hosted a lavish......