Govt verifying information on blackmoney expose

The government on Friday said income tax department is verifying media reports in connection with the expose on individuals who have stashed money in tax heaven, and will take appropriate action.

Retd Income Tax official sentenced to two year jail for bribe

A retired income tax department official has been sentenced to two years in jail by a Delhi court for accepting bribe from a man, who was seeking early refund of excess tax paid by him.