Ratul Puri, Madhya Pradesh chief minister Kamal Nath's nephew, has been arrested by the ED in a new case of money laundering. The allegations against him link to an alleged Rs 354-crore bank loan...

The Central Board of Direct Taxes has rung alarm bells and has asked the Income Tax Department to go for a major assault as the direct tax collection target remains short of about 15 per cent, with th...

Actor Shah Rukh Khan has been absolved of the charge of being a beneficiary of a benami property at the beach town of Alibaug in Maharashtra as an appellate authority under the law has “revoked” t...

Income tax officials on Thursday conducted searches at multiple locations in Karnataka, including the ancestral home of minor irrigation minister and JDS leader C.S. Puttaraju, triggering protests aga...

The Centre on Wednesday sought to downplay the probe initiated by the US on a tax imposed by India on online players — the so called Google tax — saying it was not a cause of aggression as Washin...

Searches in multiple premises spread across southern states in firms and trusts founded by self-proclaimed godman 'Kalki' Bhagwan has led to detection of undisclosed income of more than Rs 500 crore, ...

Taxpayers who contested assessment by the income tax department and appealed against it before appropriate authorities are likely to get a chance to settle the dispute. D.S. Benupani, principal commis...

The income-tax department has barred directors as well as those who have invested in unlisted companies from filing ITR forms Sahaj and Sugam in a bid to clamp down on shell companies and to check rou...

The income tax department’s searches on Bharat Hotels Group, which runs a chain of luxury units under the Lalit Hotels brand, have led to the detection of “undisclosed” foreign assets of over R...

R. Venkataramanan, the managing trustee of Tata Trusts, will resign from the philanthropic organisation with effect from March 31.In another significant development, Noel Tata — half brother of Rata...