The accused Deputy Commissioner has been identified as Vijayendra and two income tax inspectors posted in Mumbai have been identified as D.K. Verma and Binayak Sharma. "Recently the Government of ...

The purpose of search investigation and subsequent seizure, as contemplated by the use of authority, can be seen as a method for combating tax and duty evasion and uncovering undeclared wealth & gains ...

The Congress on Sunday alleged rampant corruption in the Madhya Pradesh transport department ... setting fires in factories to earn additional income, officials said on Sunday. The accused, fireman ...

Finance Minister Nirmala Sitharaman has introduced transformative tax reforms aiming to benefit India's middle class. Key highlights include no income tax for earnings up to Rs 12 lakh ...

Income Tax Department Recruitment 2025: The deadline for application form submission is February 3. The Income Tax Department is currently hiring for the position of Assistant Director (Systems).

In an email, department officials said the transition to a new business portal known as MyTaxes "will indirectly affect individual income tax filers." The switchover to the new system is expected ...

In July 2024, the government announced a review of the Income-tax Act, 1961, aiming to simplify it for taxpayers. A KPMG ...

Tax calculation: In Budget 2025, the Finance Minister announced that no income tax is payable up to an annual income of Rs 12 lakh, providing a tax rebate for individuals earning up to this amount.

On Monday, the department conducted a survey at R Mangalam School in Delhi-NCR, which operates a network of 14 schools and colleges nationwide. The move comes after repeated complaints regarding ...

The Income Tax Department received over 6,500 suggestions from stakeholders, focusing on language simplification, compliance reduction, litigation minimisation, and removing redundant provisions.