Employees have to inform employers about intention to opt for new income tax regime: CBDT
New Delhi: The income tax department on Monday said employees will have to inform their employers about their intention to opt for the new optional tax regime to enable the latter to deduct TDS while paying salaries. More...
I-T dept extends deadline for filing TDS exemption forms amid lockdown
New Delhi: The Income Tax Department has allowed individuals to submit Form 15G and 15H for the current fiscal after June 30 for claiming exemption from TDS on interest income to mitigate the hardship of people More...
IT Dept questions accused Aarti Dayal in MP honey-trap case
Bhopal: Aarti Dayal, the accused in the Madhya Pradesh honey trap case, was on Tuesday brought here from Indore jail for questioning by the Income Tax department. Aarti Dayal was today questioned by the Income Tax More...
IT dept questions Shweta Jain in MP honey-trap case
Bhopa: The Income tax department on Monday questioned the key accused Shweta Jain in the Madhya Pradesh honey-trap case. Lynchpin of the honey-trap racket, Shweta Jain The questioning lasted for around eight hours More...
Mandatory to link PAN-Aadhaar by Dec 31: I-T Dept
New Delhi: It is mandatory to link your PAN with Aadhaar by the end of this year, the Income Tax Department said in a public message on Sunday. Income Tax Department said that linkage of PAN with Aadhaar is mandatory More...
Corrupt junior Income Tax, Customs, CGST officers to be given compulsory retirement
New Delhi: The central government has started an operation to screen corrupt junior Income Tax, Customs, Central Goods and Services Tax (CGST) officers who will given compulsory retirement, the Finance Ministry More...
Income tax dept conducts search ops on stock brokers, traders across country
New Delhi: The income tax department has carried out search operations on certain share-brokers and traders for allegedly executing fraudulent trades in illiquid stock options. Over 39 locations spread across Mumbai, More...
Facilitate tax payers by explaining the law, Nirmala Sitharaman advises IRS officers
Faridabad: Union Finance Minister Nirmala Sitharaman on Friday addressed the 69th batch of Indian Revenue Service (Customs and Central Excise) officials at their passing out ceremony to become officers who can facilitate More...
I-T dept attaches properties worth Rs 1,600 cr belonging to Sasikala: Official sources
AIADMK leader VK SasikalaNew Delhi: The Income-Tax department on Tuesday attached properties worth Rs 1,600 crores belonging to former AIADMK leader VK Sasikala under the provisions of the Benami Transactions (Prohibition) More...
Kolkata: ED conduct raids in PMLA case against IT Commissioner
Kolkata: The Enforcement Directorate (ED) on Wednesday conducted raids at a few locations here in connection with its money laundering probe against an IRS officer and others. ED today conducted raids at a few locations More...
