Dubbed as a major initiative in the direction of taxation reform, the Income-Tax Department on Monday launched a faceless e-assessment scheme to
A one-time facility to apply for compounding of income tax offences has been launched and taxpayers can avail this opportunity by December 31, a
The Income Tax Department will automatically issue PAN to a taxpayer using Aadhaar number for filing returns as part of a new arrangement to link
The I-T department on Friday dismissed social media reports which claimed that the government has extended the due date for filing of income tax
In a first such move, the Finance Ministry ordered compulsory retirement of 12 senior Income Tax officers on charges of corruption and
The Election Commission Sunday “strongly advised” the Finance Ministry that any action by its enforcement agencies during election
Andhra Pradesh and West Bengal governments have withdrawn their “general consent” to the CBI to conduct raids and
The Income Tax Department has launched a major operation to investigate cases of illegal funds and properties stashed abroad by Indians and may
The number of and average income declared by salaried and non-salaried categories of taxpayers in the country have increased over the past three
The Supreme Court has slammed the Income Tax department for making “misleading statement” about pendency of an appeal while making it
The finance ministry, on Thursday, said the fresh revelations under the ‘Panama Paper Leaks’ are being looked into by the Multi
The Income Tax Department has slapped notices on 1.16 lakh individuals and firms who made cash deposits of more than Rs 25 lakh in bank accounts
The Income Tax department on Monday served a notice of Rs 30 crore to the Aam Aadmi Party (AAP) over the donations received by it. Chief Minister
In its report submitted to the union law ministry, the Law commission said that top five central tribunals in the country have a combined backlog