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Understanding Union Budget 2024: New Income Tax Rates

FM Nirmala Sitharaman unveils new income tax rates and deductions in Union Budget 2024, allowing annual choice between old and new regimes.

Odisha: Rs. 390 Crore Cash Caught from Congress MP Dhiraj Sahu

Income Tax raid on Boudh Distillery Pvt. Ltd., linked to Congress MP Dhiraj Sahu's relatives, seizes ?390 crore black money, setting a record for a single operation in India.

How Much Cash Can You Keep At Home?

Look at the limit of cash to be kept and home and other important rules by the income tax department.

Income Tax Survey at BBC Offices in Delhi & Mumbai

The Income Tax Department conducted a survey operation at the BBC’s offices in Delhi and Mumbai as part of an investigation into alleged tax evasion.

Labourer to Pay Rs 14 crore as Income Tax

The income tax department gave a notice to a daily wage labourer living in Bihar’s Rohtas district asking him to pay ?14 crores.

Wife Gets Husbands Income Details Using RTI

In a recent case where a woman sought the income details of her husband by filing an RTI.

Kanpur: Dead Man’s Body Kept at Home for 18 Months

The family of an Income Tax department employee who died last year kept his body at home for almost 18 months assuming that he was in a coma.

Piyush Jain Raid: Rs 250 cr Cash, 23kg Gold & 600kg Sandalwood

Kanpur businessman Piyush Jain has been sent to jail after a prolonged 5 day-raid at his residence led to the recovery of over Rs 250 crore.

Ajit Pawar’s Rs.1,000 crore worth Property Seized by IT Dept

The Tax Department has seized properties worth over Rs. 1,000 crore linked to Maharashtra Deputy Chief Minister Ajit Pawar and his family members.

Sonu Sood’s Offices Raided by Income Tax Department

Actor Sonu Sood's offices in Mumbai and a company in Lucknow linked to him were raided by the Income Tax department. Watch our latest video to learn more.

Govt Extended FY21 Income Tax Return Deadline

In a major relief to taxpayers, the Central Board of Direct Taxes announced new Income Tax filing deadlines for FY 2020-21.

Rs 1,000 Fine For Not Linking PAN & Aadhar Card

Deadline for PAN Aadhaar Link is 31st March 2021 and like previous occasions, this time there won’t be any extension.

Anurag Kashyap & Taapsee Pannu Face Income Tax Raids

Income Tax officials today raided properties linked to filmmaker Anurag Kashyap and actor Taapsee Pannu in Mumbai over alleged tax evasion.

Income Tax Returns Deadline Postponed

The Indian government has extended the deadline income tax return filing has been extended from December 31 to January 10.

Income Tax Return Deadline Extended

Now The Finance Ministry announced that the deadline for filing income tax returns (ITRs) has again been extended till December 31.

Man Sells Cow to Buy Mobile for Children

Kuldip Kumar sold his only source of income, his cow, to ensure his children could study. Watch our latest video for all the details.

After Auto-Driver Kills Himself, Family Given Food

A 25-year-old auto driver in Shahpur, Patna killed himself on 13th June evening after failing to find a steady source of income or provide food for his family.

Income Tax Refunds Will be Given Immediately

The Ministry of Finance has decided to issue all pending income tax refunds up to Rs 5 lakh, immediately. Watch our latest video to learn all the details.

Tax Deadlines Postponed till 30th June 2020

While waiting out the lockdown at home, now is a good time to finish pending tax work due to the postponement of all tax related deadlines. Watch our video to learn all the details.

Rs 10,000 Fine is PAN Aadhar Not Linked

Failure of linking of the PAN Card with the Aadhaar Card after March 31, 2020, will lead to a fine of Rs 10,000.

Tamil Actor Vijay Summoned By Income Tax Department

South Indian superstar Vijay, has been summoned by the Income tax authorities for questioning.

21 Corrupt IT Officers Sacked

The Indian government on Tuesday 26th November, compulsorily retired 21 junior officers of the Income Tax Department.

Aligarh Kachori Seller Earns Rs 60 lakh - 1 Cr

A Kachori seller in Aligarh, Uttar Pradesh has a monthly income of Rs 60 lakh to Rs 1 crore.

Modi Fires 15 Senior Customs Officers

Recently PM Modi forcibly retired 12 senior Income Tax officials. He has done this again. He has fired 15 senior customs officials

Govt Compulsorily Retires Senior Income Tax Officers

After being re-elected for the second time, within ten days of PM Modi coming to power, the finance ministry took a major step to clean up the Income Tax Department.

Bengaluru Auto Driver Comes Under Income Tax Radar

Auto driver owns 1.6 crore villa and officers find 7.9 crores in jewelry & property documents.

Tughlaq Road Election Scam

Prime Minister Modi claims that large scale corruption is going on at Tughlaq road. These claims were made amidst the background of Income Tax raids.

Politicians Hema Malini & Raj Babbar Declare Assets

This year as per the Election Commission's rule, Lok Sabha Elections candidates Hema Malini and Raj Babbar have declared their Income tax returns for the last 5 years, foreign assets and their crimina

Rahul Gandhi Promises to Wipe out Poverty

The Congress has created a new scheme called Nyuntam Aay Yojana (NYAY) or minimum income guarantee. President Rahul Gandhi announced that under this scheme, Congress has promised to provide 20% of th

Politicians Now Have to Declare 5-Yrs I-T Returns

The Election Commission Has decided that all political candidates taking part in the upcoming General Election have to declare Income Tax returns for the last five years. These details now be availabl

IT Department Seize Rs 6,900 Crore Under Anti-Benami Law

IT Department confiscates assets worth Rs 6,900 crore under Anti-Benami Law.