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Former Income Tax temporary worker arrested for acid attack

A special team arrested G Prabu (30) for attacking Mohit Pathak with acid, police said in a release.

Indirect tax collection up 30% in June quarter against last FY

Indirect tax collection up 30% in June quarter against last FY

The collection up to June indicate that 25.7 percent of the annual budget target of indirect taxes has been achieved in the first three months of the fiscal.

PM Modi assures middle class of an end to tax terrorism

PM Modi assures middle class of an end to tax terrorism

"Middle class, upper middle class used to be hassled with I-T officers, more than police. I have to change this situation, I am working on it and will make the change happen," Modi said in his Independence Day address.

Government's tax kitty swells to Rs 4.3 lakh crore in April-July

Government's tax kitty swells to Rs 4.3 lakh crore in April-July

Reflecting an upturn in economic activity, government's revenue collection showed an impressive growth in April-July period of this fiscal, with total direct and indirect tax mop-up rising to Rs 4.3 lakh crore.

Planning to purchase a home but don't have adequate financial resources? Here is the easiest way out

Planning to purchase a home but don't have adequate financial resources? Here is the easiest way out

Making purchase of a home is a tough job. Not only it requires proper planning, but also involves lots of hassles related to money.

Hurry up! Today is the last day to file your income tax returns

Hurry up! Today is the last day to file your income tax returns

Tax returns for 2015-16 (assessment year 2016-17) were originally to be filed by July 31. But in view of the day-long strike at public sector banks, the deadline has been extended to August 5.

60,000 officers to be trained on GST; IT infra to be ready by March

As many as 60,000 revenue officials of central and state governments will be trained on GST laws and IT infrastructure framework to prepare them for rollout of the new indirect tax regime by April 2017.

Govt extends last date for filing income tax returns to August 5

Govt extends last date for filing income tax returns to August 5

Tax returns for 2015-16 (assessment year 2016-17) were originally to be filed by 31 July. But in view of the day-long strike at public sector banks, the deadline has been extended to 5 August.

Income Tax raid at AAP legislator's residence

Sanjay Singh said AAP legislators were being targeted by the Modi government everyday.

CBDT issues draft norms for taxing buy back of unlisted shares

Central Board of Direct Taxes (CBDT) Monday came out with draft rules for determining the quantum of distributed income arising out of buy back of shares of unlisted companies for levy of tax.

Department of Posts fails to pay tax, CBEC faults officials

Department of Posts fails to pay tax, CBEC faults officials

The Department of Posts could not pay its service tax because of "unwarranted refusal" by the officials concerned who did not exercise their discretionary power in letting it pay the levy through cheque.

I-T dept to issue notice to seek information about PAN

I-T dept to issue notice to seek information about PAN

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I-T dept identifies 90 lakh high-value transactions without PAN; to seek details

I-T dept identifies 90 lakh high-value transactions without PAN; to seek details

The high-value transaction trails were detected following the department's drive to bring to book maximum amount of black money during the one-time compliance window closing on September 30.

Must Watch: Experts advice for filing income tax return online

Must Watch: Experts advice for filing income tax return online

Must Watch: Experts advice for filing income tax return online

Reminder: File ITRs before July 31 deadline, says I-T dept

Reminder: File ITRs before July 31 deadline, says I-T dept

The department has suggested the taxpayers to opt for e-filing of their Income Tax Returns (ITRs) and enjoy a hassle-free processing of the annual returns filing exercise.

Arvind Kejriwal's wife takes voluntary retirement from IRS

Posted as Commissioner of IT in the Income Tax Appellate Tribunal (ITAT) here, Arvind Kejriwal's wife Sunita had sought VRS earlier this year.

Must Watch Video: Step-by-step guide to file your income tax return online

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Panama Papers: I-T dept approaches dozen nations to widen probe

Panama Papers: I-T dept approaches dozen nations to widen probe

Faced with resistance in disclosures by those named in the Panama Papers, the Income Tax department has made foreign references to about a dozen countries in order to obtain actionable evidence against such Indian entities.

Income tax to increase strictness on Property trades

Income tax to increase strictness on Property trades

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Aircel-Maxis scam: Enforcement Directorate summons Karti Chidambaram

Aircel-Maxis scam: Enforcement Directorate summons Karti Chidambaram

Finance Minister Arun Jaitley had earlier said the investigation into the alleged Aircel-Maxis scam was at a "critical stage".