I-T serves notice to Mumbai labourer, demands Rs 1 crore payment in lieu of transactions
Mumbai: A labourer who earns around Rs 300 per day has received a notice from the Income-Tax department asking him to pay over Rs 1 crore. 35-year-old Bhausaheb Ahire lives with his family in a slum in Ambivli and More...
CBI searches premises of IRS officers in IMA scam
New Delhi: The CBI has carried out searches at eight locations, including the premises of two IRS officers (Income Tax) based in Bengaluru, in connection with I-Monetary Advisory (IMA) ponzi scam, officials said 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...
CBDT seeks to widen net for appointment of members; makes younger officers eligible for post
New Delhi: The Central Board of Direct Taxes (CBDT), the top policy-making body of the income tax department, is seeking to widen the net for the appointment of members to its board by inviting applications from More...
22 IRS officers resign under tax collection target pressure
New Delhi: 22 IRS officers resigned from service in this year, who are facing tax collection target pressure of Modi government because the economy has hit six-year low of 5% during the first quarter of the current More...
Hopeful of achieving 13.35 lakh crore tax collection target, says CBDT Chairman
New Delhi: Central Board of Direct Taxes (CBDT) Chairman P C Mody on Thursday expressed hope that the body will able to achieve the target of tax collection given to them at the beginning of this year. CBDT Chairman More...
CBI books its own officer for allegedly extorting Rs 5 crore from Guj bizman
New Delhi: The CBI has booked its own officer for allegedly extorting Rs 5 crore from a Gujarat-based businessman by threatening him with action from the Enforcement Directorate and the Income Tax department, officials 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...
IT dept seizes Rs 29 cr in Mumbai during Maha poll campaign
Mumbai: The Income Tax Department said on Saturday that it seized a total of Rs 29 crore in unaccounted cash in the country’s financial capital since the campaign for the October 21 Maharashtra Assembly elections More...
