The net direct tax collection has doubled to over Rs 1.85 lakh crore so far this fiscal, mainly driven by personal income tax and advance tax mop up, the I-T department said on Wednesday. The net dir...

Taxpayers ought not to be forced to make confessions under duress during a search and survey operations when they are most vulnerable and anxious as tax sleuths rummage through their offices and homes...

Technical glitches continue to bedevil the modified income tax website on the second day — prompting finance minister Nirmala Sitharaman to tweet: “Hope Infosys and Nandan Nilekani will no...

The much awaited new tax filing portal went live only late in the evening much to the chagrin of chartered accountants who vented their ire on the government on Twitter. The income tax authorities ha...

A man was caught with Rs 50 lakh on him in central Calcutta on the eve of the fourth phase of the Assembly elections, in which parts of Calcutta will vote. The man, who was identified as Ravi Shankar...

Analysts have expressed concern over the income tax department’s move to actively start tracking capital gains arising from the sale of mutual funds and shares and dividend received on shares. ...

NRIs and foreign nationals stuck in India because of the pandemic and facing double taxation can submit their details to the income tax department by the end of this month. The Central Board of Direc...

The income tax department on Wednesday searched the homes and offices of actress Taapsee Pannu and film director Anurag Kashyap, both part of an endangered clan of celebrities who have been vocal agai...

The Dispute Resolution Committee proposed to be set up in the Union budget will have multiple benches which will give opportunity to small taxpayers to settle matters without going through the appella...

Some of Cairn Energy Plc’s marquee shareholders that include BlackRock, MFS, Franklin Templeton and Fidelity have asked the Indian government to honour an arbitration award and return $1.2 billi...